Rental market snapshot for Marigny, New Orleans

Marigny rental market summary

The rental market in Marigny, Louisiana is showing signs of growth. In July 2023, there were 31 new listings, indicating an increase in rental activity. The median rent for July 2023 was $1,600, a 3.0% decrease from the previous month. This is a 33.3% decrease from the median rent in July 2022, suggesting that rental prices are becoming more affordable.

Overall, the rental market in Marigny appears to be on the rise. With more listings and lower prices, it is becoming an attractive option for renters. This trend is likely to continue in the coming months, making Marigny an increasingly desirable place to live.

Median rent for all residential properties in Marigny

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The most expensive listings and top trending buildings in Marigny

Most Expensive Listings

AddressRent PriceBed / Bath
719 Esplanade Ave$2,3002 / 2.0
2510 N Rampart St$2,1903 / 2.0
608 Spain St$2,1001 / 1.0
1907 Royal St$1,7001 / 1.0
2231 Dauphine St$1,7001 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,623

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Bedroom Breakdown in Marigny

Studio
$1,125
MEDIAN RENT
1 Bedroom
$1,622
MEDIAN RENT
2 Bedroom
$1,800
MEDIAN RENT

Marigny neighborhood apartments rents

The rental market for studios in Marigny, Louisiana appears to be stable, with only two new listings in September 2022. The median rent for studios in September 2022 is $1,125, indicating that the rental market is not experiencing any significant changes. However, without the median rent for August 2022, it is not possible to determine the exact percent change in rent from August to September. Overall, the rental market for studios in Marigny appears to be relatively stable.

The rental market for 1-bedroom apartments in Marigny, Louisiana is showing signs of growth. In May 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in May 2023 was $1,622, a 10.0% increase from the median rent in April 2023 of $1,475. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.

The rental market for 2-bedroom apartments in Marigny, Louisiana appears to be stable, with only three new listings in April 2023. The median rent for 2-bedroom apartments in April 2023 was $1,800, indicating that the rental market is not experiencing any significant changes. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to calculate the percent change in rent from March to April. Overall, the rental market for 2-bedroom apartments in Marigny appears to be stable.

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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 Marigny is $1,600.
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