Orleans County

Louisiana ยท Pop. 383,997

Ranked #110 of 200 counties

40Moderate

Median Home Price

๐Ÿ 

$280K

3.5% YoY

Median Rent

๐Ÿ”‘

$1,350

Median Income

๐Ÿ’ฐ

$42K

Rent Burden

๐Ÿ“Š

38.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

5,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

3,200

Price-to-Income Ratio

โš–๏ธ

6.7x

Homeownership Rate

๐Ÿก

45.0%

How Orleans County Compares

MetricOrleans CountyLouisianaNational
Home Price$280K$216K$410K
Rent$1,350$1,020$1,500
Income$42K$58K$75K
Rent Burden38.0%31.5%30.0%
Homeownership45.0%68.0%65.0%

Key Takeaways

  • โ€ข Home prices are 32% below the national average.
  • โ€ข Rent is 10% below the national average.
  • โ€ข The county has an estimated housing shortage of 5,000 units.
  • โ€ข 3,200 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.