New Orleans-Metairie, LA Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in New Orleans-Metairie, LA
The median asking rent in New Orleans-Metairie, LA is $1,850 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $240,186, that rent level prices New Orleans-Metairie, LA at a 9.83% gross rental yield — compared with 10.03% across Louisiana.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
New Orleans-Metairie, LA rent and rental yield comparison
The current New Orleans-Metairie, LA baseline is $1,850 median asking rent and 9.83% gross rental yield. Compare rent, yield, and home values with selected Louisiana metros, then open a public report or Rental Insights for property-level follow-up.
Baton Rouge, LA
Baton Rouge, LA median asking rent is $1,800, $50 (2.7%) lower than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,800
- Gross yield
- 9.69%
- Avg home value
- $245,944
Lafayette, LA
Lafayette, LA median asking rent is $1,700, $150 (8.1%) lower than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,700
- Gross yield
- 10.18%
- Avg home value
- $215,425
Shreveport-Bossier City, LA
Shreveport-Bossier City, LA median asking rent is $1,450, $400 (21.6%) lower than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,450
- Gross yield
- 10.88%
- Avg home value
- $171,349
Slidell-Mandeville-Covington, LA
Slidell-Mandeville-Covington, LA median asking rent is $1,990, $140 (7.6%) higher than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,990
- Gross yield
- 9.80%
- Avg home value
- $241,169
Morgan City, LA
Morgan City, LA median asking rent is $1,250, $600 (32.4%) lower than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,250
- Gross yield
- 11.90%
- Avg home value
- $147,044
Bogalusa, LA
Bogalusa, LA median asking rent is $1,200, $650 (35.1%) lower than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,200
- Gross yield
- 16.43%
- Avg home value
- $115,466
Opelousas, LA
Opelousas, LA median asking rent is $1,100, $750 (40.5%) lower than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,100
- Gross yield
- 12.17%
- Avg home value
- $92,840
New Iberia, LA
New Iberia, LA median asking rent is $1,200, $650 (35.1%) lower than the $1,850 median asking rent in New Orleans-Metairie, LA.
- Median rent
- $1,200
- Gross yield
- 11.98%
- Avg home value
- $167,975
New Orleans-Metairie, LA rent and yield FAQ
Quick answers based on the latest New Orleans-Metairie, LA rental listing and transaction data.
What is the average rent in New Orleans-Metairie, LA?
As of July 2026, the median asking rent in New Orleans-Metairie, LA is $1,850. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in New Orleans-Metairie, LA?
New Orleans-Metairie, LA currently prices at a 9.83% gross rental yield, versus 10.03% across Louisiana. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from New Orleans-Metairie, LA market context to property-level screening
Open Rental Insights with New Orleans-Metairie, LA selected, then pair the yield signal with investor activity and rental data workflows.