Rental market snapshot for Audubon, New Orleans
Audubon rental market summary
The rental market in Audubon, Louisiana is showing signs of growth. On July 31, 2023, there were 98 new listings, a significant increase from the previous month. The median rent for the same period was $1,950, a decrease of 11.4% from the previous month and a decrease of 15.2% from the same period in 2022. This indicates that the rental market in Audubon is becoming more affordable for tenants.
Overall, the rental market in Audubon is showing signs of growth and affordability. With more new listings and a decrease in median rent, tenants are able to find more affordable housing options in the area. This is a positive sign for the local economy and the rental market in Audubon.
Median rent for all residential properties in Audubon
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The most expensive listings and top trending buildings in Audubon
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 5937 Freret St | $4,000 | 4 / 2.0 |
| 1610 Pine St | $3,600 | 4 / 2.0 |
| 2030 Jefferson Ave | $3,500 | 4 / 2.5 |
| 228 Audubon St | $3,500 | 2 / 2.5 |
| 7008 Chestnut St | $3,500 | 2 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,100 |
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Bedroom Breakdown in Audubon
Audubon neighborhood apartments rents
The rental market for studios in Audubon, Louisiana appears to be strong, with four new listings in July 2022. The median rent for studios in July 2022 is $1,600, though the median rent for June 2022 is not available. Therefore, it is not possible to determine the percent change in rent from June 2022 to July 2022. Nevertheless, the availability of new listings and the relatively high median rent suggest that the rental market for studios in Audubon, Louisiana is healthy.
The rental market for 1-bedroom apartments in Audubon, Louisiana is relatively stable, with only one new listing in May 2023. The median rent for 1-bedroom apartments in May 2023 was $1,100, a decrease of 15.4% from the median rent of $1,300 in April 2023. This suggests that the rental market in Audubon is not experiencing significant fluctuations in prices, and that the market is relatively stable.
The rental market for 2-bedroom apartments in Audubon, Louisiana is showing signs of stability. In May 2023, there were 3 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,875, a decrease of 2.6% from the median rent in April 2023. This suggests that the rental market is not experiencing any significant changes in pricing, and that the market is likely to remain stable in the near future.