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Orleans Parish

Learn about the people, housing, costs and businesses in Orleans Parish County

Median Home$376,420
Median Rent$1,347/month
Population371,853
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration10% arts, food & hospitality
Home Value Growth+3.7% over 2 years
Young Adults33% of residentswell above average
Homeowners51% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableTransit74/100 · excellent transit access
Orleans Parish
LA

Frequently Asked Questions

What are today's mortgage rates in Orleans Parish?

As of today, the 30-year fixed mortgage rate for Orleans Parish is approximately 6.982% (7.007% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Orleans Parish?

The median home value in Orleans Parish is $376k. The median monthly rent is $1,347. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Orleans Parish?

Home values in Orleans Parish have increased 3.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Orleans Parish?

Based on a typical all-in ownership cost of $1,425/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Orleans Parish is $67k/year.

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What industries drive the economy in Orleans Parish?

The largest employment sectors in Orleans Parish are public administration (29%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas