| New Orleans, LA | |
|---|---|
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| State | Louisiana |
| Population | 390,845 |
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Compared to the surrounding areas, New Orleans is a bit more expensive, and it's somewhat more expensive compared to the rest of the nation.
The median home in New Orleans costs $231,500. This is about $52,033 (28%) higher compared to other places in this area.It is approximately $14,000 (6%) higher compared to the rest of the nation.
New Orleans's median monthly rent is $998. Compared to nearby areas this is roughly $40 (4%) higher.It is roughly $64 (6%) lower compared to the entire country.
Arabi is New Orleans's neighbor to the southwest. Its real estate prices are substantially less expensive. The value of the median home in Arabi is $155,600, which is $75,900 (48%) lower than New Orleans. The rent there is a little less expensive. The median monthly rent in Arabi is $932, which is $66 (7%) lower than New Orleans.
Chalmette is New Orleans's neighbor to the south. The real estate prices there are significantly less expensive. The value of the median home in Chalmette is $152,900, which comes out to $78,600 (51%) lower than New Orleans. Rent there is fairly similar. Chalmette's median monthly rent is $960, which comes out to $38 (3%) lower than New Orleans.
Meraux is New Orleans's neighbor to the south. The real estate prices there are a lot less expensive. The median home in Meraux costs $169,700, which comes out to $61,800 (36%) lower than New Orleans. Rents there are somewhat less expensive. Meraux's median monthly rent is $914, which is $84 (9%) lower than New Orleans.
Violet is New Orleans's neighbor to the south. Its real estate prices are significantly less expensive. The price of the median home in Violet is $133,500, which works out to $98,000 (73%) lower than New Orleans. Rents there are somewhat less expensive. The median monthly rent in Violet is $922, which is $76 (8%) lower than New Orleans.
Gretna is New Orleans's neighbor to the southwest. Real estate prices there are a lot less expensive. The median home value in Gretna is $171,800, which works out to $59,700 (34%) lower than New Orleans. The rent there is somewhat less expensive. Gretna's median rent is $883 per month, which works out to $115 (13%) lower than New Orleans.
Eden Isle is about 13 miles northeast of New Orleans. Real estate prices there are somewhat more expensive. The median home price in Eden Isle is $293,300, which works out to $61,800 (21%) higher than New Orleans. Rent there is somewhat more expensive. Eden Isle's median monthly rent is $1,138, which is $140 (12%) higher than New Orleans.