The Most Affordable Neighborhoods in Lower 9th Ward, New Orleans, LA by Home Value

 

Lower 9th Ward, New Orleans, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lower 9th Ward area can be challenging. Home prices in Lower 9th Ward are now at a median cost of $152,471, lower than the New Orleans average of $308,345.

The average cost of rent is $1,269/mo in Lower 9th Ward, primarily driven by the current value of real estate in the Lower 9th Ward area. In Lower 9th Ward, 51.84% of households rent, and 72.27% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lower 9th Ward is $3,271 per month. Households that rent pay about 38.80% of their income on rent here. Lower 9th Ward’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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