Rising Housing Costs in New Orleans Leave Many Priced Out

Nov. 13, 2015

Rents in New Orleans have jumped 50 percent from 2000 to 2013, according to a report by HousingNOLA.

“Home values have soared 54 percent in that same time frame. Right now, the average price of a three-bedroom, two-bathroom house in New Orleans stands at roughly $159,000,” WWLTV reports. For rentals, the average two-bedroom apartment in metro New Orleans is $965 a month.