New Orleans, LA Rental Market for Investors
An estimated 59% of New Orleans's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.
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 August 2026.
$159,000DSCR 1.351 bed · 1 bath · 532 sqft
- STR revenue
- $35,476/yr
- Est. interest-only payment
- $1,748/mo
On the market 258 days · Listed by LALLA Real Estate, LLC
Scout this home & market: 1-bed condo in New Orleans
$199,000DSCR 1.823 bed · 2 bath · 1,100 sqft
- STR revenue
- $42,312/yr
- Est. interest-only payment
- $1,546/mo
On the market 55 days · Listed by Mirambell Realty
Scout this home & market: 3-bed house in New Orleans
$210,000DSCR 1.662 bed · 1 bath · 863 sqft
- STR revenue
- $50,452/yr
- Est. interest-only payment
- $2,021/mo
On the market 132 days · Listed by Belle South Realty Group LLC
Scout this home & market: 2-bed condo in New Orleans
$230,000DSCR 1.692 bed · 1.5 bath · 807 sqft
- STR revenue
- $61,421/yr
- Est. interest-only payment
- $2,424/mo
On the market 17 days · Listed by Berkshire Hathaway Homeservices Preferred, Realtor
Scout this home & market: 2-bed condo in New Orleans
$249,900DSCR 1.572 bed · 1.5 bath · 831 sqft
- STR revenue
- $58,786/yr
- Est. interest-only payment
- $2,501/mo
On the market 123 days · Listed by Crescent City Living, Llc
Scout this home & market: 2-bed condo in New Orleans
$375,000DSCR 1.303 bed · 3.5 bath · 1,380 sqft
- STR revenue
- $70,882/yr
- Est. interest-only payment
- $3,625/mo
On the market 118 days · Listed by Compass Uptown (LATT07)
Scout this home & market: 3-bed condo in New Orleans
$450,000DSCR 2.424 bed · 6 bath · 2,175 sqft
- STR revenue
- $128,116/yr
- Est. interest-only payment
- $3,528/mo
On the market 82 days · Listed by Compass Metro (LATT01)
Scout this home & market: 4-bed house in New Orleans
$615,000DSCR 1.805 bed · 4.5 bath · 2,628 sqft
- STR revenue
- $128,529/yr
- Est. interest-only payment
- $4,763/mo
On the market 37 days · Listed by Compass Historic (LATT09)
Scout this home & market: 5-bed house in New Orleans
As of August 2026, we analyzed 2,111 active for-sale homes in New Orleans, Louisiana. The typical listing is priced at $350,000 and is projected to generate about $48,289 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 58.9% of those homes could still cover an investor mortgage payment on short-term-rental income — roughly in line with the 52.5% median across the 200 major metros we track, ranking New Orleans #71 of 200 for cash-flow potential.
On market momentum: homes in New Orleans sit a median of 97 days on the market, and 18% 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: 233 of the 863 New Orleans homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $449,000.
| Price | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| $150k–$250k | 13%0.91 | 62%1.36 | 81%1.50 | 91%1.77 | — |
| $250k–$350k | 3%0.75 | 9%0.97 | 38%1.18 | 64%1.53 | — |
| $350k–$500k | 0%0.54 | 2%0.77 | 11%0.91 | 32%1.05 | 73%1.64 |
| $500k+ | 0%0.32 | 0%0.54 | 0%0.66 | 15%0.73 | 22%0.81 |
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 | 2,111 |
|---|---|
| Median list price | $350,000 |
| Median projected STR revenue (annual, gross) | $48,289 |
| Median average daily rate (ADR) | $262 |
| Median occupancy | 51% |
| Median beds | 3 |
| Median size | 1,854 sqft |
| Estimated cash-flow-positive share | 58.9% |
| Median days on market | 97 days |
| New listings (last 30 days) | 18.3% of active |
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Estimates for educational purposes. Final terms subject to credit, property & program approval.
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