RentDataNowRentDataNow
ZIP Code · LA

ZIP 70115

Pop. 31,183·Orleans Parish·14th most expensive ZIP in Louisiana
Median rent (all units)
$1,743/mo
Year-over-Year
+2.7%
Month-over-Month
+0.6%
vs US Median
-$222
Rising (Monthly)
Be the first to discuss 70115 rents ↓
Most AffordableMost Expensive
ZIP 70115 · $1,743
More affordable than 56% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,270
1 BR
$1,430
2 BR
$1,720
3 BR
$2,190
4 BR+
$2,600
Research median
$1,720/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$20,916/yr
At $1,743/mo median
Location
StateLA
CountyOrleans Parish
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.7% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 70115 (New Orleans, LA) is roughly split between renters and owners, has a median income above the national average, 64.7% of residents hold a bachelor's degree or higher.

Population
31,183
Median income
$90,182
Median age
39.8
Renters
45.7%
Age distribution
18.5%
22%
30.4%
17.8%
Under 1818.5%
18–3422%
35–5430.4%
55–6411.2%
65+17.8%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
60.5%
25.9%
White60.5%
Black25.9%
Hispanic7.4%
Asian2.3%
Other3.9%
Education (25+)
19.4%
64.7%
No HS diploma4.3%
HS diploma11.5%
Some college19.4%
Bachelor's+64.7%
Housing tenure
54.3%
45.7%
Owner54.3%
Renter45.7%

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

2021 vs 2026

How ZIP 70115 in New Orleans, LA has changed in 5 years

Rent
$1,380 → $1,743
up 26.3%
Income
$80,672 → $90,182
up 11.8%
Population
34,261 → 31,183
down 9.0%
Renter share
45.5% → 45.7%
+0.2 pts
Bachelor's+
60.7% → 64.7%
+4.0 pts

The median rent in ZIP 70115 in New Orleans, LA stood at $1,380 in 2021 and currently runs about $1,743, reflecting a 26.3% increase over the period. Median household income rose from $80,672 to $90,182 between 2021 and 2024, a 11.8% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 9.0% since 2021, moving from about 34,261 residents to roughly 31,183. College-educated residents now make up 64.7% of adults here, versus 60.7% in 2021. Taken together, the five-year picture in ZIP 70115 in New Orleans, LA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about ZIP 70115

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 70115

About renting in ZIP 70115

Last updated: July 20, 2026

ZIP code 70115 covers New Orleans, LA. The median rent here is $1,743/mo as of July 2026. A 1-bedroom rents for a median of $1,430/mo. A 2-bedroom rents for a median of $1,720/mo.

At 23% of local median household income ($90,182/yr), ZIP 70115 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70115?

As of July 20, 2026, the median monthly rent in ZIP 70115 (New Orleans, LA) is $1,743. This is based on aggregated data from public sources and community submissions.

How does ZIP 70115 rent compare to the US average?

ZIP 70115's median rent of $1,743/mo is $222 (11%) below the US national median of $1,965/mo.

How does ZIP 70115 compare to other ZIPs in Louisiana?

ZIP 70115 is one of the pricier ZIP codes in Louisiana, ranking #14 out of 91 ZIPs tracked at $1,743/mo.

How much income do you need to rent in ZIP 70115?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,743/mo in ZIP 70115. The local median household income is $90,182/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 70115?

Rent in ZIP 70115 has increased 2.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 70115 an affordable place to rent?

ZIP 70115 is considered very affordable for renters. At $1,743/mo, rent takes approximately 23% of the local median household income ($90,182/yr). The standard benchmark is 30%. ZIP 70115 falls comfortably within that range.

What percentage of ZIP 70115 residents rent vs. own?

According to Census data, approximately 45.7% of ZIP 70115 households are renters, while 54.3% are owner-occupied. ZIP 70115 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 70115 compare to the rest of New Orleans?

ZIP 70115 is pricier than New Orleans as a whole. At $1,743/mo, it's $79 above the New Orleans citywide median of $1,664/mo.

When was rent data for ZIP 70115 last updated?

Rent data for ZIP 70115 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,743/mo, rent takes ~23% of ZIP 70115's median household income ($90,182/yr). The standard benchmark is 30%.

ZIP 70115 23%Benchmark 30%
State income tax1.85–4.25%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 70115 (New Orleans, LA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.