RentYield Atlas

ZIP 70116 — New Orleans, LA: rental yield & market data

Gross rental yield of 6.17% — ranked #80 of 106 Louisiana ZIP codes. June 2026 data.

Gross rental yield
6.17%
Home value
$317,962
Market rent / mo
$1,634
Price-to-rent
16.2

Trend

Metric1-year change5-year change
Home value+3.2% -7.7%
Market rent-0.2%

Metro: New Orleans-Metairie, LA · County: Orleans Parish · Annual rent: $19,608

Comparable ZIP codes in Louisiana

Similar home values, sorted by yield — the cheapest way to see if 70116 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
70435CovingtonLA$311,203$2,1878.43%11.9+0.4%
70037Belle ChasseLA$338,441$2,1257.53%13.3-0.8%
70817Baton RougeLA$309,965$1,6566.41%15.6+2.0%
70119New OrleansLA$298,762$1,5936.40%15.6-3.7%
70001MetairieLA$328,935$1,6646.07%16.5+6.5%
70112New OrleansLA$332,791$1,6375.90%16.9+1.0%
70047DestrehanLA$300,325$1,4255.69%17.6+1.8%
70809Baton RougeLA$317,327$1,3855.24%19.1-0.6%

Top rental yields in all of Louisiana →

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