Rent by ZIP · Orleans Parish
Rent in New Orleans, LA 70124
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,180 (+13% vs FY2026). Renters in this ZIP code pay a median $1,823 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,610 | $1,420 | +13.4% | $1,449–1,771 | – |
| 1 bedroom | $1,810 | $1,610 | +12.4% | $1,629–1,991 | $1,173 ±$158 |
| 2 bedrooms | $2,180 | $1,930 | +13% | $1,962–2,398 | $1,708 ±$102 |
| 3 bedrooms | $2,800 | $2,450 | +14.3% | $2,520–3,080 | $2,130 ±$114 |
| 4 bedrooms | $3,290 | $2,920 | +12.7% | $2,961–3,619 | $3,405 ±$310 |
Small Area FMRs for the New Orleans-Metairie, LA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for New Orleans-Metairie, LA HUD Metro FMR Area, 2 bedrooms: $1,480.
What renters pay in 70124
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 70123 | New Orleans | $1,630 | $1,528 |
| 70125 | New Orleans | $1,620 | $1,372 |
| 70122 | New Orleans | $1,590 | $1,244 |
| 70126 | New Orleans | $1,400 | $1,070 |
| 70121 | New Orleans | $1,360 | $1,258 |
| 70127 | New Orleans | $1,360 | $1,196 |
Fair Market Rents across Orleans Parish, LA · All LA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.