ZIP Code · LA

ZIP 70119

Part of New Orleans, LA

Pop. 37,253·Orleans Parish·28th most expensive ZIP in Louisiana

Median rent (all units)

$1,545/mo

Year-over-Year

+2.5%

Month-over-Month

+0.4%

vs US Median

-$387

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 70119 · $1,545

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,110

1 BR

$1,260

2 BR

$1,510

3 BR

$1,920

4 BR+

$2,280

Research median

$1,510/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 70119 usually run 0.8% below trend in January and 0.8% above it in May, about $25 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 70119 is at its highest level since Zillow's records here began in December 2016.

Past year vs. the rest of Louisiana

Rent in ZIP 70119 changed +2.5% over the year to September 2026. Across the 75 Louisiana ZIP codes Zillow tracks, the typical change was +3.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 70119 rose 22.7% while median household income rose 33.4% ($39,827 to $53,143). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 70119 is 22.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($53,143) is $1,329 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,260); a 2-bedroom is $1,510.

Rank in New Orleans

6th cheapest of 15 ZIP codes in New Orleans.

Cheaper nearby

ZIP 70002, 5 miles away, rents for 18% less ($1,264/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 70119. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,540/yr

At $1,545/mo median

Location

CityNew Orleans

StateLA

CountyOrleans Parish

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.5% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 70119 (New Orleans, LA) is majority renter-occupied, has a median income below the national average, 47.2% of residents hold a bachelor's degree or higher.

Population

37,253

Median income

$53,143

Median age

38.3

Renters

62.8%

Age distribution

15.4%

27.3%

29.9%

15.8%

Under 1815.4%

18–3427.3%

35–5429.9%

55–6411.5%

65+15.8%

Gender

48.9%

51.1%

Male48.9%

Female51.1%

Race & ethnicity

37.6%

46.7%

White37.6%

Black46.7%

Hispanic8.4%

Asian1%

Other6.2%

Education (25+)

19.1%

23.4%

47.2%

No HS diploma10.2%

HS diploma19.1%

Some college23.4%

Bachelor's+47.2%

Housing tenure

37.2%

62.8%

Owner37.2%

Renter62.8%

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

2021 vs 2026

How ZIP 70119 in New Orleans, LA has changed in 5 years

Rent

$1,300 → $1,545

up 18.8%

Income

$42,922 → $53,143

up 23.8%

Population

36,969 → 37,253

up 0.8%

Renter share

64.2% → 62.8%

-1.4 pts

Bachelor's+

40.9% → 47.2%

+6.3 pts

Median age

37.3 → 38.3

+1.0 yrs

Across the past five years, the going rent in ZIP 70119 in New Orleans, LA has shifted from $1,300 to $1,545, up 18.8% since 2021. Census figures show median household income at $53,143 today, compared with $42,922 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Bachelor's-degree-or-higher attainment moved from 40.9% to 47.2% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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About renting in ZIP 70119

Last updated: October 17, 2026

ZIP code 70119 covers New Orleans, LA. The median rent here is $1,545/mo as of October 2026. A 1-bedroom rents for a median of $1,260/mo. A 2-bedroom rents for a median of $1,510/mo.

At 35% of local median household income ($53,143/yr), ZIP 70119 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 70119?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,545/mo in ZIP 70119. The local median household income is $53,143/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 70119?

Rent in ZIP 70119 has risen 2.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2016.

When is the cheapest time to rent in ZIP 70119?

Asking rents in ZIP 70119 are usually lowest in January, about 0.8% below their yearly trend, and highest in May, about 0.8% above it. At today's median that is a gap of roughly $25 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 70119?

No. From 2019 to 2024, rent in ZIP 70119 rose 22.7% while median household income rose 33.4%, from $39,827 to $53,143. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 70119 compare to other ZIPs in Louisiana?

ZIP 70119 is one of the pricier among Louisiana ZIP codes for rent, ranking #28 of 92 at $1,545/mo. Over the year to September 2026, rent in ZIP 70119 changed +2.5%, against a typical +3.0% across the 75 Louisiana ZIP codes Zillow tracks.