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ZIP Code · LA

ZIP 70112

Pop. 3,490·Orleans Parish·23rd most expensive ZIP in Louisiana
Median rent (all units)
$1,637/mo
Year-over-Year
-9.1%
Month-over-Month
-3.3%
vs US Median
-$328
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 70112 · $1,637
More affordable than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$1,120
2 BR
$1,340
3 BR
$1,710
4 BR+
$2,000
Research median
$1,340/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,644/yr
At $1,637/mo median
Location
StateLA
CountyOrleans Parish
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 9.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-9.1% YoY, -3.3% MoM), not inventory.
Demographics

Who lives here

ZIP 70112 (New Orleans, LA) is majority renter-occupied, has a median income below the national average, 44.7% of residents hold a bachelor's degree or higher.

Population
3,490
Median income
$19,395
Median age
39.6
Renters
90.7%
Age distribution
12.1%
29.9%
26.6%
19.9%
Under 1812.1%
18–3429.9%
35–5426.6%
55–6419.9%
65+11.5%
Gender
43.7%
56.3%
Male43.7%
Female56.3%
Race & ethnicity
33.4%
46.6%
White33.4%
Black46.6%
Hispanic6.8%
Asian11.3%
Other1.8%
Education (25+)
29.2%
17%
44.7%
No HS diploma9.1%
HS diploma29.2%
Some college17%
Bachelor's+44.7%
Housing tenure
90.7%
Owner9.3%
Renter90.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 70112 in New Orleans, LA has changed in 5 years

Rent
$1,663 → $1,637
down 1.6%
Income
$32,654 → $19,395
down 40.6%
Population
3,869 → 3,490
down 9.8%
Renter share
90.1% → 90.7%
+0.6 pts
Bachelor's+
45.6% → 44.7%
-0.9 pts
Median age
33.5 → 39.6
+6.1 yrs

Since 2021, the typical rent in ZIP 70112 in New Orleans, LA has declined from $1,663 to $1,637, a 1.6% change over five years. Household income in the area moved from $32,654 to $19,395 across the same window, down 40.6% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 9.8% since 2021, moving from about 3,869 residents to roughly 3,490. Reading these numbers side by side helps frame whether current listings in ZIP 70112 in New Orleans, LA look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 70112

About renting in ZIP 70112

Last updated: July 20, 2026

ZIP code 70112 covers New Orleans, LA. The median rent here is $1,637/mo as of July 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,340/mo.

At 101% of local median household income ($19,395/yr), ZIP 70112 ranks as expensive compared to the national benchmark of 30%. Rents have decreased 9.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70112?

As of July 20, 2026, the median monthly rent in ZIP 70112 (New Orleans, LA) is $1,637. This is based on aggregated data from public sources and community submissions.

How does ZIP 70112 rent compare to the US average?

ZIP 70112's median rent of $1,637/mo is $328 (17%) below the US national median of $1,965/mo.

How does ZIP 70112 compare to other ZIPs in Louisiana?

ZIP 70112 is one of the pricier ZIP codes in Louisiana, ranking #23 out of 91 ZIPs tracked at $1,637/mo.

How much income do you need to rent in ZIP 70112?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,637/mo in ZIP 70112. The local median household income is $19,395/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 70112?

Rent in ZIP 70112 has decreased 9.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 70112 an affordable place to rent?

ZIP 70112 is considered expensive for renters. At $1,637/mo, rent takes approximately 101% of the local median household income ($19,395/yr). The standard benchmark is 30%. ZIP 70112 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 70112 residents rent vs. own?

According to Census data, approximately 90.7% of ZIP 70112 households are renters, while 9.3% are owner-occupied. With a majority renter population, ZIP 70112 has a strong rental market.

How does ZIP 70112 compare to the rest of New Orleans?

ZIP 70112 is more affordable than New Orleans overall. At $1,637/mo, it's $27 below the New Orleans citywide median of $1,664/mo.

When was rent data for ZIP 70112 last updated?

Rent data for ZIP 70112 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
101%
EXPENSIVE

At $1,637/mo, rent takes ~101% of ZIP 70112's median household income ($19,395/yr). The standard benchmark is 30%.

ZIP 70112 101%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 70112 (New Orleans, LA)

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