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Rent by ZIP · Orleans Parish

Rent in New Orleans, LA 70127

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,360 (+1.5% vs FY2026). Renters in this ZIP code pay a median $1,137 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,010$970+4.1%$909–1,111$939 ±$104
1 bedroom$1,130$1,120+0.9%$1,017–1,243$877 ±$46
2 bedrooms$1,360$1,340+1.5%$1,224–1,496$1,196 ±$74
3 bedrooms$1,750$1,710+2.3%$1,575–1,925$1,434 ±$81
4 bedrooms$2,050$2,000+2.5%$1,845–2,255$2,358 ±$282

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 70127

Median gross rent$1,137±$68 · all sizes
Renter households4,86053% of occupied homes
No cash rent162households

How rents are spread

Under $1,00037%
$1,000–1,49947%
$1,500–1,99910%
$2,000–2,4995%
$2,500–2,9992%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
70126New Orleans$1,400$1,070
70128New Orleans$1,500$1,171
70125New Orleans$1,620$1,372
70129New Orleans$1,450$774
70124New Orleans$2,180$1,708
70130New Orleans$2,220$1,930

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.