What is the rental vacancy rate in New Orleans, LA?

The rental vacancy rate in New Orleans, LA is 8.9% (±0.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.6% (±0.4 points).

39,731 (±1,194) homes, 20.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In New Orleans, the rental vacancy rate went from 7.8% in 2015–2019 to 8.9% in 2020–2024 (+1.1 percentage points), a measurable increase.

Figures last updated on .

Rental vacancy rate
8.9% (±0.7 points)
Homeowner vacancy rate
1.6% (±0.4 points)
Vacant homes
39,731 (±1,194)

Vacancy in New Orleans against Orleans Parish, its state and the nation

Estimate (90% margin of error)
New OrleansOrleans ParishLouisianaUnited States
Rental vacancy rate8.9% (±0.7 points)8.9% (±0.7 points)7.8% (±0.4 points)5.5%
Homeowner vacancy rate1.6% (±0.4 points)1.6% (±0.4 points)1.3% (±0.1 points)0.9%
Vacant housing units39,731 (±1,194)39,731 (±1,194)304,122 (±5,145)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In New Orleans, the rental vacancy rate is not measurably different from Orleans Parish (8.9%).

It is also higher than in Louisiana (7.8%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near New Orleans

Nearest places with a published estimate, compared with New Orleans
PlaceDistanceRental vacancy rateCompared with this place
New Orleans—8.9% (±0.7 points)—
Chalmette7.8 mi3.5% (±2.6 points)Lower
Arabi7.9 mi7.6% (±6.5 points)Not measurably different
Meraux8.8 mi7.1% (±8.9 points)Not measurably different
Violet11 mi0.0% (±17.0 points)Not measurably different
Terrytown12 mi5.3% (±3.4 points)Lower
Gretna12 mi4.3% (±2.0 points)Lower
Timberlane13 mi12.8% (±11.1 points)Not measurably different
Poydras14 mi0.0% (±18.7 points)Not measurably different

Nearby places with a measurably lower figure: Chalmette, LA (3.5%), Terrytown, LA (5.3%), Gretna, LA (4.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about New Orleans

Is it hard to find a rental in New Orleans?

The rental vacancy rate in New Orleans, LA is 8.9% (±0.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in New Orleans tighter than it was?

In New Orleans, the rental vacancy rate went from 7.8% in 2015–2019 to 8.9% in 2020–2024 (+1.1 percentage points), a measurable increase.

How many homes are vacant in New Orleans?

An estimated 39,731 (±1,194) housing units, 20.3% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Orleans city, Louisiana (place:55000, in state:22).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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