Rental market snapshot for Lower 9th Ward, New Orleans

Lower 9th Ward rental market summary

The rental market in Lower 9th Ward, Louisiana is showing signs of growth. In July 2023, there were 11 new listings, indicating that more people are looking to rent in the area. The median rent in July 2023 was $1,350, a 22.9% increase from the previous month. This suggests that demand for rental properties is increasing, as more people are willing to pay higher prices for a place to live.

The median rent in July 2022 was also $1,350, indicating that the rental market in Lower 9th Ward has remained relatively stable over the past year. This is a positive sign for the area, as it suggests that the rental market is not overly volatile and is able to maintain a steady level of demand. With more new listings coming onto the market, it is likely that the rental market in Lower 9th Ward will continue to grow in the coming months.

Median rent for all residential properties in Lower 9th Ward

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The most expensive listings and top trending buildings in Lower 9th Ward

Most Expensive Listings

AddressRent PriceBed / Bath
6125 N Robertson St$1,5003 / 2.0
1823-1825 Delery St$1,3503 / 1.0
1313 Flood St$1,2003 / 1.0
1318 Saint Maurice Ave$1,1002 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$550

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Bedroom Breakdown in Lower 9th Ward

1 Bedroom
$550
MEDIAN RENT
2 Bedroom
$1,200
MEDIAN RENT

Lower 9th Ward neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Lower 9th Ward, Louisiana, for studios.

The rental market for 1-bedroom apartments in Lower 9th Ward, Louisiana appears to be stable, with only two new listings in February 2023 and a median rent of $550. Unfortunately, no data is available for January 2023, so it is impossible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Lower 9th Ward appears to be relatively stable.

The rental market for 2-bedroom apartments in Lower 9th Ward, Louisiana is relatively stable, with only one new listing in February 2023. The median rent for 2-bedroom apartments in February 2023 is $1,200, which is unchanged from the previous month. This indicates that the rental market in Lower 9th Ward is relatively stable and that there is not much fluctuation in rental prices.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Lower 9th Ward is $1,350.
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