Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Central Business District area can be challenging. Home prices in Central Business District are now at a median cost of $446,579, higher than the New Orleans average of $247,441.
The average cost of rent is $1,738/mo in Central Business District, primarily driven by the current value of real estate in the Central Business District area. While nearly 68.00% of residents own their homes outright in Central Business District, 75.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Central Business District is $7,332 per month. Households that rent pay about 23.70% of their income on rent here. Central Business District's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- French Quarter, New Orleans, LA: higher priced homes
- Tulane Gravier, New Orleans, LA: less expensive homes
- Lower Garden District, New Orleans, LA: higher priced homes
- Central City, New Orleans, LA: less expensive homes
- Treme' Lafitte, New Orleans, LA: less expensive homes
- Broadmoor, New Orleans, LA: less expensive homes
- Seventh Ward, New Orleans, LA: less expensive homes
- Bayou St John, New Orleans, LA: equally priced homes
- Milan, New Orleans, LA: less expensive homes
- Irish Channel, New Orleans, LA: equally priced homes
Neighborhoods with Similar Populations
- Adams, Huntington Beach, CA: higher priced homes
- Baldwin District, Manassas, VA: less expensive homes
- Alturas de Rio Grande, Rio Grande, PR: less expensive homes
- Alger Heights, Grand Rapids, MI: less expensive homes
- North End, Nashua, NH: less expensive homes
- Alban Hills, Albuquerque, NM: less expensive homes
- North Park, Billings, MT: less expensive homes
- Newland, Huntington Beach, CA: higher priced homes
- New Center, Detroit, MI: less expensive homes
- Mullford Gardens, San Leandro, CA: higher priced homes
All Local Stats
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