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ZIP Code · LA

ZIP 70117

Pop. 25,652·Orleans Parish·39th most expensive ZIP in Louisiana
Median rent (all units)
$1,509/mo
Year-over-Year
+8.3%
Month-over-Month
-5.8%
vs US Median
-$456
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 70117 · $1,509
More affordable than 73% 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
$18,108/yr
At $1,509/mo median
Location
StateLA
CountyOrleans Parish
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 8.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+8.3% YoY, -5.8% MoM), not inventory.
Demographics

Who lives here

ZIP 70117 (New Orleans, LA) is roughly split between renters and owners, has a median income below the national average, 35.8% of residents hold a bachelor's degree or higher.

Population
25,652
Median income
$45,764
Median age
39.6
Renters
47.8%
Age distribution
18.7%
22.6%
31.3%
12.8%
14.7%
Under 1818.7%
18–3422.6%
35–5431.3%
55–6412.8%
65+14.7%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
31.4%
59.4%
White31.4%
Black59.4%
Hispanic4.1%
Asian0.6%
Other4.4%
Education (25+)
28.1%
26%
35.8%
No HS diploma10.1%
HS diploma28.1%
Some college26%
Bachelor's+35.8%
Housing tenure
52.2%
47.8%
Owner52.2%
Renter47.8%

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

2020 vs 2026

How ZIP 70117 in New Orleans, LA has changed in 5 years

Rent
$1,083 → $1,509
up 39.3%
Income
$33,374 → $45,764
up 37.1%
Population
27,009 → 25,652
down 5.0%
Renter share
53.4% → 47.8%
-5.6 pts
Bachelor's+
29.6% → 35.8%
+6.2 pts

Rent in ZIP 70117 in New Orleans, LA has climbed 39.3% since 2020, going from about $1,083 per month to roughly $1,509 today. Median household income grew from $33,374 to $45,764 between 2021 and 2024, a 37.1% shift. Headcount in the area went from 27,009 to 25,652 between 2021 and 2024, a 5.0% change. About 47.8% of households rent today, against 53.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 29.6% to 35.8%. Taken together, the five-year picture in ZIP 70117 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

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Local insights

Tips for renters in ZIP 70117

About renting in ZIP 70117

Last updated: July 20, 2026

ZIP code 70117 covers New Orleans, LA. The median rent here is $1,509/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 40% of local median household income ($45,764/yr), ZIP 70117 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70117?

As of July 20, 2026, the median monthly rent in ZIP 70117 (New Orleans, LA) is $1,509. This is based on aggregated data from public sources and community submissions.

How does ZIP 70117 rent compare to the US average?

ZIP 70117's median rent of $1,509/mo is $456 (23%) below the US national median of $1,965/mo.

How does ZIP 70117 compare to other ZIPs in Louisiana?

ZIP 70117 falls in the middle range for Louisiana, ranking #39 out of 91 ZIPs at $1,509/mo.

How much income do you need to rent in ZIP 70117?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,509/mo in ZIP 70117. The local median household income is $45,764/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 70117?

Rent in ZIP 70117 has increased 8.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 70117 an affordable place to rent?

ZIP 70117 is considered moderate for renters. At $1,509/mo, rent takes approximately 40% of the local median household income ($45,764/yr). The standard benchmark is 30%. ZIP 70117 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 70117 residents rent vs. own?

According to Census data, approximately 47.8% of ZIP 70117 households are renters, while 52.2% are owner-occupied. ZIP 70117 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 70117 compare to the rest of New Orleans?

ZIP 70117 is more affordable than New Orleans overall. At $1,509/mo, it's $155 below the New Orleans citywide median of $1,664/mo.

When was rent data for ZIP 70117 last updated?

Rent data for ZIP 70117 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
40%
MODERATE

At $1,509/mo, rent takes ~40% of ZIP 70117's median household income ($45,764/yr). The standard benchmark is 30%.

ZIP 70117 40%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 70117 (New Orleans, LA)

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