Investor market data · Louisiana

New Orleans, LA Rental Market for Investors

An estimated 60% of New Orleans's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of October 2026.

See what pencils →Run a DSCR

$349,000Median list price2,123 active listings

$47,726Median STR revenue / yrprojected, gross

Homes in New Orleans that pencil right now

A sample of active New Orleans listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of October 2026.

$160,000DSCR 2.14
3 bed · 2 bath · 1,250 sqft
House in 70114 · built 1950
STR revenue
$40,325/yr
Est. interest-only payment
$1,256/mo
On the market 130 days · Listed by Russell Frank Realty Group, L.L.C.
Scout this home & market: 3-bed house in New Orleans
$198,000DSCR 1.68
2 bed · 1 bath · 960 sqft
House in 70117 · built 1900
STR revenue
$41,582/yr
Est. interest-only payment
$1,653/mo
On the market 149 days · Listed by Prime Real Estate Partners, Llc
Scout this home & market: 2-bed house in New Orleans
$199,000DSCR 2.06
3 bed · 2 bath · 1,677 sqft
Townhouse in 70119 · built 1950
STR revenue
$54,889/yr
Est. interest-only payment
$1,781/mo
On the market 69 days · Listed by Compass Garden District (LATT18)
Scout this home & market: 3-bed townhouse in New Orleans
$235,000DSCR 1.77
2 bed · 2 bath · 814 sqft
Condo in 70130 · built 1902
STR revenue
$60,958/yr
Est. interest-only payment
$2,292/mo
On the market 129 days · Listed by Donald Julien & Associates, Inc.
Scout this home & market: 2-bed condo in New Orleans
$349,900DSCR 1.47
4 bed · 3 bath · 1,588 sqft
House in 70119 · built 1920
STR revenue
$60,188/yr
Est. interest-only payment
$2,736/mo
On the market 53 days · Listed by United Real Estate Partners Llc
Scout this home & market: 4-bed house in New Orleans

Ask about New Orleans deals →Run any address yourself

As of October 2026, we analyzed 2,123 active for-sale homes in New Orleans, Louisiana. The typical listing is priced at $349,000 and is projected to generate about $47,726 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 60.0% of those homes could still cover an investor mortgage payment on short-term-rental income — roughly in line with the 53.1% median across the 200 major metros we track, ranking New Orleans #68 of 200 for cash-flow potential.

On market momentum: homes in New Orleans sit a median of 83 days on the market, and 23% of active listings came on in just the last 30 days — a slower-moving market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — that's a relatively healthy setup: in New Orleans, a meaningful share of listings throw off enough short-term-rental income, after costs, to cover an estimated investor mortgage payment.

What actually works in New Orleans

New Orleans works for investors, but the window is specific: 214 of the 856 New Orleans homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $434,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price	1 bed	2 bed	3 bed	4 bed	5 bed
$150k–$250k	13%0.94	60%1.34	78%1.49	92%1.83	—
$250k–$350k	0%0.78	10%1.01	34%1.14	35%1.10	—
$350k–$500k	0%0.55	2%0.76	8%0.90	27%1.09	75%1.66
$500k+	—	0%0.56	0%0.63	9%0.71	23%0.94

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

New Orleans in full

Active for-sale homes analyzed	2,123
Median list price	$349,000
Median projected STR revenue (annual, gross)	$47,726
Median average daily rate (ADR)	$257
Median occupancy	51%
Median beds	3
Median size	1,833 sqft
Estimated cash-flow-positive share	60.0%
Median days on market	83 days
New listings (last 30 days)	22.9% of active