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Housing in Orleans Parish
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Orleans Parish averages $1,251/month for a 2‑bedroom in 2024, compared to the Louisiana median of $1,064 and the national median of $1,413. Local renters spend approximately 42% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Orleans Parish FMR Area are $1,018 for a studio, $1,151 for 1‑bedroom, $1,382 for 2‑bedroom, $1,757 for 3‑bedroom, and $2,090 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $131 increase for a 2-bedroom in Orleans Parish shows a 10% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Orleans Parish was 4.9% in 2024, compared to Louisiana at 4.4% and the national rate of 4.0%.
