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ZIP Code · LA

ZIP 70127

Pop. 23,107·Orleans Parish·73rd most expensive ZIP in Louisiana
Median rent (all units)
$1,250/mo
Year-over-Year
Stable
Month-over-Month
-5.1%
vs US Median
-$715
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 70127 · $1,250
More affordable than 89% 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
$15,000/yr
At $1,250/mo median
Location
StateLA
CountyOrleans Parish
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.1% MoM), not inventory.
Demographics

Who lives here

ZIP 70127 (New Orleans, LA) is roughly split between renters and owners, has a median income below the national average, 19.6% of residents hold a bachelor's degree or higher.

Population
23,107
Median income
$40,765
Median age
37.7
Renters
53%
Age distribution
23.9%
21.3%
24.2%
13.8%
16.8%
Under 1823.9%
18–3421.3%
35–5424.2%
55–6413.8%
65+16.8%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
90.1%
White2.5%
Black90.1%
Hispanic3.8%
Asian1.3%
Other2.3%
Education (25+)
17.1%
27.7%
35.5%
19.6%
No HS diploma17.1%
HS diploma27.7%
Some college35.5%
Bachelor's+19.6%
Housing tenure
47%
53%
Owner47%
Renter53%

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

2021 vs 2026

How ZIP 70127 in New Orleans, LA has changed in 5 years

Income
$28,283 → $40,765
up 44.1%
Population
25,177 → 23,107
down 8.2%
Renter share
55.8% → 53%
-2.8 pts
Bachelor's+
21.5% → 19.6%
-1.9 pts
Median age
35.3 → 37.7
+2.4 yrs

On the earnings side, the typical household in ZIP 70127 in New Orleans, LA now reports about $40,765, up from $28,283 in 2021. The population has contracted by 8.2% since 2021, moving from about 25,177 residents to roughly 23,107. Renters now make up 53% of households, compared with 55.8% five years ago.

Community

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Local insights

Tips for renters in ZIP 70127

About renting in ZIP 70127

Last updated: July 20, 2026

ZIP code 70127 covers New Orleans, LA. The median rent here is $1,250/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 37% of local median household income ($40,765/yr), ZIP 70127 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70127?

As of July 20, 2026, the median monthly rent in ZIP 70127 (New Orleans, LA) is $1,250. This is based on aggregated data from public sources and community submissions.

How does ZIP 70127 rent compare to the US average?

ZIP 70127's median rent of $1,250/mo is $715 (36%) below the US national median of $1,965/mo.

How does ZIP 70127 compare to other ZIPs in Louisiana?

ZIP 70127 is among the more affordable ZIP codes in Louisiana, ranking #73 out of 91 ZIPs at $1,250/mo.

How much income do you need to rent in ZIP 70127?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,250/mo in ZIP 70127. The local median household income is $40,765/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 70127?

Rent in ZIP 70127 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 70127 an affordable place to rent?

ZIP 70127 is considered moderate for renters. At $1,250/mo, rent takes approximately 37% of the local median household income ($40,765/yr). The standard benchmark is 30%. ZIP 70127 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 70127 residents rent vs. own?

According to Census data, approximately 53% of ZIP 70127 households are renters, while 47% are owner-occupied. With a majority renter population, ZIP 70127 has a strong rental market.

How does ZIP 70127 compare to the rest of New Orleans?

ZIP 70127 is more affordable than New Orleans overall. At $1,250/mo, it's $414 below the New Orleans citywide median of $1,664/mo.

When was rent data for ZIP 70127 last updated?

Rent data for ZIP 70127 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $1,250/mo, rent takes ~37% of ZIP 70127's median household income ($40,765/yr). The standard benchmark is 30%.

ZIP 70127 37%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 70127 (New Orleans, LA)

Recent submissions

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