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Rent by ZIP · Orleans Parish

Rent in New Orleans, LA 70129

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,450 (+8.2% vs FY2026). Renters in this ZIP code pay a median $1,091 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,070$970+10.3%$963–1,177–
1 bedroom$1,200$1,120+7.1%$1,080–1,320–
2 bedrooms$1,450$1,340+8.2%$1,305–1,595$774 ±$530
3 bedrooms$1,860$1,710+8.8%$1,674–2,046$1,371 ±$295
4 bedrooms$2,190$2,000+9.5%$1,971–2,409$2,162 ±$1,268

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 70129

Median gross rent$1,091±$471 · all sizes
Renter households92930% of occupied homes
No cash rent32households

How rents are spread

Under $1,00046%
$1,000–1,49929%
$1,500–1,9994%
$2,000–2,49920%
$2,500–2,9990%
$3,000–3,4992%
$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
70128New Orleans$1,500$1,171
70130New Orleans$2,220$1,930
70127New Orleans$1,360$1,196
70131New Orleans$1,310$1,135
70126New Orleans$1,400$1,070
70125New Orleans$1,620$1,372

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.