New Orleans, LA Rent History

139 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-07)
$1,648
1-year change
+0.8%
$13/mo
5-year change
+14.3%
$206/mo
10-year change
+32.3%
$402/mo

Monthly rent trend

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Year-by-year rent in New Orleans

YearMedian rentYoY changevs 2015
2015$1,238/mo0.0%
2016$1,262/mo+1.9%+1.9%
2017$1,252/mo-0.8%+1.1%
2018$1,282/mo+2.4%+3.6%
2019$1,320/mo+3.0%+6.6%
2020$1,358/mo+2.9%+9.7%
2021$1,410/mo+3.8%+13.9%
2022$1,570/mo+11.3%+26.8%
2023$1,604/mo+2.2%+29.6%
2024$1,640/mo+2.2%+32.5%
2025$1,637/mo-0.2%+32.2%
2026$1,675/mo+2.3%+35.3%

Frequently asked questions

How much has rent in New Orleans changed since 2015?

Median rent in New Orleans, LA was $1,214 in 2015-01 and is $1,648 as of 2026-07 — a change of $434 per month over 11 years.

How much has New Orleans rent increased in the last 5 years?

Over the past 5 years, median rent in New Orleans, LA has changed +14.3% ($206 per month). The current median is $1,648.

What has rent in New Orleans done over the past decade?

Over the past 10 years, median rent in New Orleans, LA has changed +32.3% ($402 per month). It is now $1,648.

Is rent in New Orleans going up or down year over year?

Year over year, median rent in New Orleans, LA has increased +0.8% ($13/mo). Current median: $1,648.

See full rent data for New Orleans, LA
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.