Property Prices in New Orleans, LA, United States

Index Info
Price to Income Ratio: 4.20
Mortgage as Percentange of Income: 31.74%
Loan Affordability Index: 3.15
Price to Rent Ratio - City Centre: 11.07
Price to Rent Ratio - Outside of Centre: 4.79
Gross Rental Yield (City Centre): 9.03%
Gross Rental Yield (Outside of Centre): 20.87%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,421.61 $ 1,000.00-1,666.00
Apartment (1 bedroom) Outside of Centre 925.00 $ 750.00-1,430.00
Apartment (3 bedrooms) in City Centre 2,222.73 $ 1,500.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,465.38 $ 1,000.00-2,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 300.23 $ 250.00-450.00
Price per Square Feet to Buy Apartment Outside of Centre 85.00 $ 81.60-130.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,465.31 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.43 3.65-4.54

These data are based on 97 entries in the past 18 months from 19 different contributors.
Last update: September 2018

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