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ZIP Code · LA

ZIP 70122

Pop. 35,253·Orleans Parish·31st most expensive ZIP in Louisiana
Median rent (all units)
$1,566/mo
Year-over-Year
+0.5%
Month-over-Month
+1.6%
vs US Median
-$399
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 70122 · $1,566
More affordable than 69% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,150
2 BR
$1,380
3 BR
$1,750
4 BR+
$2,090
Research median
$1,380/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
$18,792/yr
At $1,566/mo median
Location
StateLA
CountyOrleans Parish
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.5% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 70122 (New Orleans, LA) is majority owner-occupied, has a median income below the national average, 37.2% of residents hold a bachelor's degree or higher.

Population
35,253
Median income
$49,455
Median age
41.4
Renters
40.5%
Age distribution
20.7%
19.1%
26.9%
13.7%
19.5%
Under 1820.7%
18–3419.1%
35–5426.9%
55–6413.7%
65+19.5%
Gender
44.4%
55.6%
Male44.4%
Female55.6%
Race & ethnicity
19.6%
67.3%
White19.6%
Black67.3%
Hispanic8.1%
Asian1.6%
Other3.3%
Education (25+)
21.9%
29.8%
37.2%
No HS diploma11.1%
HS diploma21.9%
Some college29.8%
Bachelor's+37.2%
Housing tenure
59.5%
40.5%
Owner59.5%
Renter40.5%

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

2021 vs 2026

How ZIP 70122 in New Orleans, LA has changed in 5 years

Income
$41,309 → $49,455
up 19.7%
Population
35,886 → 35,253
down 1.8%
Renter share
44.4% → 40.5%
-3.9 pts
Bachelor's+
32.5% → 37.2%
+4.7 pts
Median age
40.1 → 41.4
+1.3 yrs

Local incomes tracked alongside that move, going from a median of $41,309 in 2021 to $49,455 more recently. Headcount in the area went from 35,886 to 35,253 between 2021 and 2024, a 1.8% change. About 40.5% of households rent today, against 44.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.5% to 37.2%.

Community

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Local insights

Tips for renters in ZIP 70122

About renting in ZIP 70122

Last updated: July 20, 2026

ZIP code 70122 covers New Orleans, LA. The median rent here is $1,566/mo as of July 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,380/mo.

At 38% of local median household income ($49,455/yr), ZIP 70122 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70122?

As of July 20, 2026, the median monthly rent in ZIP 70122 (New Orleans, LA) is $1,566. This is based on aggregated data from public sources and community submissions.

How does ZIP 70122 rent compare to the US average?

ZIP 70122's median rent of $1,566/mo is $399 (20%) below the US national median of $1,965/mo.

How does ZIP 70122 compare to other ZIPs in Louisiana?

ZIP 70122 is one of the pricier ZIP codes in Louisiana, ranking #31 out of 91 ZIPs tracked at $1,566/mo.

How much income do you need to rent in ZIP 70122?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,566/mo in ZIP 70122. The local median household income is $49,455/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 70122?

Rent in ZIP 70122 has increased 0.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 70122 an affordable place to rent?

ZIP 70122 is considered moderate for renters. At $1,566/mo, rent takes approximately 38% of the local median household income ($49,455/yr). The standard benchmark is 30%. ZIP 70122 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 70122 residents rent vs. own?

According to Census data, approximately 40.5% of ZIP 70122 households are renters, while 59.5% are owner-occupied. ZIP 70122 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 70122 compare to the rest of New Orleans?

ZIP 70122 is more affordable than New Orleans overall. At $1,566/mo, it's $98 below the New Orleans citywide median of $1,664/mo.

When was rent data for ZIP 70122 last updated?

Rent data for ZIP 70122 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
38%
MODERATE

At $1,566/mo, rent takes ~38% of ZIP 70122's median household income ($49,455/yr). The standard benchmark is 30%.

ZIP 70122 38%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 70122 (New Orleans, LA)

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