RentYield Atlas

ZIP 70124 — New Orleans, LA: rental yield & market data

Gross rental yield of 4.48% — ranked #105 of 106 Louisiana ZIP codes. June 2026 data.

Gross rental yield
4.48%
Home value
$508,572
Market rent / mo
$1,899
Price-to-rent
22.3

Trend

Metric1-year change5-year change
Home value+0.9% -1.7%
Market rent-0.0% +21.4%

Metro: New Orleans-Metairie, LA · County: Orleans Parish · Annual rent: $22,788

Comparable ZIP codes in Louisiana

Similar home values, sorted by yield — the cheapest way to see if 70124 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
70447MadisonvilleLA$380,997$2,2257.01%14.3-0.2%
70118New OrleansLA$368,339$1,7515.70%17.5+0.4%
70808Baton RougeLA$362,599$1,5795.23%19.1+2.7%
70005MetairieLA$429,874$1,7684.94%20.3+3.3%
70130New OrleansLA$449,581$1,6954.52%22.1+3.1%
70002MetairieLA$363,976$1,3624.49%22.3+12.3%
70471MandevilleLA$407,246$1,3904.10%24.4+1.0%
70115New OrleansLA$530,847$1,7433.94%25.4-0.2%

Top rental yields in all of Louisiana →

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