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ZIP Code · LA

ZIP 70126

Pop. 27,047·Orleans Parish·18th most expensive ZIP in Louisiana
Median rent (all units)
$1,672/mo
Year-over-Year
+12.1%
Month-over-Month
-6.1%
vs US Median
-$293
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 70126 · $1,672
More affordable than 61% 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
$20,064/yr
At $1,672/mo median
Location
StateLA
CountyOrleans Parish
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+12.1% YoY, -6.1% MoM), not inventory.
Demographics

Who lives here

ZIP 70126 (New Orleans, LA) is roughly split between renters and owners, has a median income below the national average, 23.2% of residents hold a bachelor's degree or higher.

Population
27,047
Median income
$41,709
Median age
38.4
Renters
45.8%
Age distribution
22.5%
23.3%
24%
12.7%
17.5%
Under 1822.5%
18–3423.3%
35–5424%
55–6412.7%
65+17.5%
Gender
45.5%
54.5%
Male45.5%
Female54.5%
Race & ethnicity
86.3%
White4%
Black86.3%
Hispanic6.2%
Other3.2%
Education (25+)
12.8%
30.1%
33.9%
23.2%
No HS diploma12.8%
HS diploma30.1%
Some college33.9%
Bachelor's+23.2%
Housing tenure
54.2%
45.8%
Owner54.2%
Renter45.8%

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

2021 vs 2026

How ZIP 70126 in New Orleans, LA has changed in 5 years

Income
$31,235 → $41,709
up 33.5%
Population
31,168 → 27,047
down 13.2%
Renter share
53.9% → 45.8%
-8.1 pts
Bachelor's+
21% → 23.2%
+2.2 pts
Median age
33.3 → 38.4
+5.1 yrs

On the earnings side, the typical household in ZIP 70126 in New Orleans, LA now reports about $41,709, up from $31,235 in 2021. Headcount in the area went from 31,168 to 27,047 between 2021 and 2024, a 13.2% change. About 45.8% of households rent today, against 53.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 21% to 23.2%.

Community

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Local insights

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About renting in ZIP 70126

Last updated: July 20, 2026

ZIP code 70126 covers New Orleans, LA. The median rent here is $1,672/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 48% of local median household income ($41,709/yr), ZIP 70126 ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70126?

As of July 20, 2026, the median monthly rent in ZIP 70126 (New Orleans, LA) is $1,672. This is based on aggregated data from public sources and community submissions.

How does ZIP 70126 rent compare to the US average?

ZIP 70126's median rent of $1,672/mo is $293 (15%) below the US national median of $1,965/mo.

How does ZIP 70126 compare to other ZIPs in Louisiana?

ZIP 70126 is one of the pricier ZIP codes in Louisiana, ranking #18 out of 91 ZIPs tracked at $1,672/mo.

How much income do you need to rent in ZIP 70126?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,672/mo in ZIP 70126. The local median household income is $41,709/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 70126?

Rent in ZIP 70126 has increased 12.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 70126 an affordable place to rent?

ZIP 70126 is considered stretched for renters. At $1,672/mo, rent takes approximately 48% of the local median household income ($41,709/yr). The standard benchmark is 30%. ZIP 70126 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 70126 residents rent vs. own?

According to Census data, approximately 45.8% of ZIP 70126 households are renters, while 54.2% are owner-occupied. ZIP 70126 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 70126 compare to the rest of New Orleans?

ZIP 70126 is pricier than New Orleans as a whole. At $1,672/mo, it's $8 above the New Orleans citywide median of $1,664/mo.

When was rent data for ZIP 70126 last updated?

Rent data for ZIP 70126 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
48%
STRETCHED

At $1,672/mo, rent takes ~48% of ZIP 70126's median household income ($41,709/yr). The standard benchmark is 30%.

ZIP 70126 48%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 70126 (New Orleans, LA)

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