Land and home values in Orleans Parish, Louisiana
Orleans Parish (metro core, New Orleans-Metairie, LA) covers 170 square miles and 184 census tracts. Residential land is about $15.00 per sq ft at the county median, from $2.57 in its most rural tracts to $65.30 in its most valuable. The typical home is worth about $317,000 and a 2-bedroom rents for about $1,500 a month, as of October 12, 2026.
Open on the satellite mapAll of LouisianaCounty values
| Land: residential | $15.00 | per sq ft |
| Land: residential | $653,400 | per acre |
| Land: quarter-acre lot | $163,350 | 10,890 sq ft |
| Land: farmland | $11,800 | per acre |
| Home: typical (median) | $317,000 | value |
| Home: entry-level | $230,000 | lower quartile |
| Home: upper-end | $444,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $1,240 | per month |
| Rent: 2-bedroom | $1,500 | per month |
| Rent: 3-bedroom | $1,900 | per month |
| Rent: 4-bedroom | $2,240 | per month |
| Gross yield, 2-bed | 5.7% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Top tier | 40 | $50.90 | $629,000 | $1,840 |
| Upper | 49 | $24.80 | $426,000 | $1,530 |
| Mid | 49 | $7.16 | $246,000 | $1,340 |
| Entry | 41 | $2.89 | $169,000 | $1,330 |
| Rural | 5 | $3.72 | $230,000 | $1,340 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| French Market | Neighborhood | $72.20 | $521,000 |
| French Quarter | Neighborhood | $67.20 | $644,000 |
| French Quarter | Neighborhood | $64.30 | $621,000 |
| Greenville | Neighborhood | $53.80 | $785,000 |
| Central Business District | Neighborhood | $52.30 | $584,000 |
| The Saulet Apartment Homes | Subdivision | $51.30 | $458,000 |
| Uptown Historic District | Neighborhood | $47.80 | $655,000 |
| Black Pearl | Neighborhood | $45.30 | $738,000 |
Questions people ask
How much is land worth in Orleans Parish, LA?
Residential land in Orleans Parish, LA is about $15.00 per square foot, or $653,400 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $163,350. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Orleans Parish, LA?
The typical (median) home in Orleans Parish, LA is worth about $317,000, with entry-level homes around $230,000 and upper-end homes around $444,000, as of October 2026.
How much is rent in Orleans Parish, LA?
A 2-bedroom rents for about $1,500 a month in Orleans Parish, LA, a 1-bedroom about $1,240 and a 3-bedroom about $1,900 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Orleans Parish, LA?
Farmland averages about $11,800 an acre in Orleans Parish, LA (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.