Rental market snapshot for Garden District, New Orleans
Garden District rental market summary
The rental market in Garden District, Louisiana is showing signs of growth. In July 2023, there were 20 new listings, a 5.8% increase from the previous month. This indicates that more people are interested in renting in the area. The median rent in July 2023 was $1,600, a 23.8% increase from July 2022. This suggests that the rental market is becoming more competitive and that prices are increasing.
Overall, the rental market in Garden District, Louisiana is on the rise. With more listings and higher prices, it is becoming an attractive option for renters. With the increasing demand, it is likely that the rental market will continue to grow in the coming months.
Median rent for all residential properties in Garden District
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The most expensive listings and top trending buildings in Garden District
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1441 Washington Ave | $3,000 | 2 / 2.5 |
| 1325 6th St | $2,500 | 2 / 2.0 |
| 3101 Chestnut St | $2,250 | 1 / 1.0 |
| 1116 2nd St | $2,000 | 2 / 1.0 |
| 1103 3rd St | $1,600 | 1 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,500 |
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Bedroom Breakdown in Garden District
Garden District neighborhood apartments rents
The rental market for studios in Garden District, Louisiana appears to be relatively stable, with only one new listing in September 2022. The median rent for studios in September 2022 is $1,200, though the median rent for August 2022 is not available. Therefore, it is not possible to determine the percent change in rent from August 2022 to September 2022. Overall, the rental market for studios in Garden District, Louisiana appears to be relatively stable.
The rental market for 1-bedroom apartments in Garden District, Louisiana is showing signs of growth. In May 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 23.1% from March 2023 to May 2023, from $1,950 to $1,500. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in Garden District, Louisiana appears to be stable, with only three new listings in February 2023. The median rent for 2-bedroom apartments in February 2023 was $2,600, indicating that the rental market is not experiencing any significant changes. Unfortunately, no data is available for January 2023, so it is not possible to determine the percent change in rent from January to February. Overall, the rental market for 2-bedroom apartments in Garden District, Louisiana appears to be stable.