Performance indicators for the New Orleans short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in New Orleans.
Loading top listings...
Challenging to Investors
STRs are legal, but NSTRs are capped at one per block and allocated by lottery; CSTR new permits are suspended, further limiting options. Ongoing litigation and high compliance burdens (on‑site management, noise monitoring, inspections, platform verification) plus inconsistent enforcement create regulatory uncertainty that deters investors.
Local STR Agent
STR specialist · New Orleans, LA
Overview of New Orleans: New Orleans, Louisiana, known for its vibrant culture, historical significance, and eclectic mix of French, Spanish, and Creole influences, is a city renowned for its music, cuisine, and annual festivals, most notably Mardi Gras. With a population of approximately 390,000, New Orleans is a major U.S. city situated about 80 miles from Baton Rouge, Louisiana’s capital, and roughly 343 miles from Houston, Texas.
Landmarks and Attractions: New Orleans' appeal for short-term rentals is bolstered by its rich history and numerous attractions. Key landmarks include:
French Quarter: As the oldest neighborhood in New Orleans, the French Quarter is famous for its vibrant nightlife, historic architecture, and landmarks like Jackson Square and the storied Bourbon Street. French Quarter
Garden District: Known for its well-preserved antebellum mansions and lush gardens, the Garden District offers a picturesque and tranquil setting. Garden District
City Park: Spanning 1,300 acres, City Park is one of the largest urban parks in the country, featuring attractions like the New Orleans Museum of Art and the beautiful Botanical Garden. City Park
Audubon Zoo: Located in Audubon Park, this zoo is part of the Audubon Nature Institute and offers an engaging experience for families. Audubon Zoo
National WWII Museum: A comprehensive museum dedicated to World War II, offering immersive exhibits and experiences. National WWII Museum
Accessibility and Convenience: Given its dense layout and plethora of public transportation options, New Orleans is highly accessible for tourists. The availability of streetcars and buses facilitated by the New Orleans Regional Transit Authority enhances connectivity between different parts of the city.
Economic Impact and Regulation: Short-term rentals have become economically significant for the city's tourism industry, providing flexible lodging options to millions of visitors each year. However, the city has implemented specific regulations to balance the benefits with community concerns, aiming to protect the character of New Orleans' historic neighborhoods.
New Orleans offers a unique and attractive proposition for both short-term renters and property owners, given its cultural allure, historical significance, and the tangible benefits to the local economy.