Property Prices in New Orleans, LA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.39 |
| Mortgage as Percentage of Income: | 30.71% |
| Loan Affordability Index: | 3.26 |
| Price to Rent Ratio - City Centre: | 7.92 |
| Price to Rent Ratio - Outside of Centre: | 8.63 |
| Gross Rental Yield (City Centre): | 12.63% |
| Gross Rental Yield (Outside of Centre): | 11.58% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,757.69 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,084.45 $ | |
| Apartment (3 bedrooms) in City Centre | 3,255.56 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,136.36 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 285.71 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 197.85 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,842.44 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.67 |
These data are based on 126 entries in the past 18 months from 23 different contributors.
Last update: July 2024
Sources and References
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