Most Affordable ZIP Codes in New Orleans-Metairie, LA (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 70041 1% rule Buras, LA $106,730 $1,575 11.51% -9.7%
2 70723 Convent, LA $124,296 $1,116 7.00% -1.0%
3 70083 1% rule Port Sulphur, LA $137,334 $1,575 8.95% -9.8%
4 70126 1% rule New Orleans, LA $150,982 $1,742 9.00% -0.8%
5 70129 New Orleans, LA $152,110 $1,206 6.18% -2.4%
6 70086 Saint James, LA $152,831 $792 4.04% -1.0%
7 70114 New Orleans, LA $163,359 $1,466 7.00% -3.5%
8 70127 New Orleans, LA $166,330 $1,325 6.21% -0.4%
9 70071 Lutcher, LA $169,269 $873 4.02% 0.3%
10 70092 Violet, LA $169,287 $1,206 5.56% -1.6%
11 70084 Reserve, LA $169,686 $1,206 5.54% -2.2%
12 70085 Saint Bernard, LA $171,661 $1,206 5.48% -3.4%
13 70128 New Orleans, LA $174,729 $1,171 5.23% -0.4%
14 70117 New Orleans, LA $174,944 $1,472 6.56% -3.2%
15 70094 Westwego, LA $188,040 $1,456 6.04% -1.3%
16 70040 Braithwaite, LA $189,900 $1,485 6.10% -4.6%
17 70090 Vacherie, LA $192,180 $1,206 4.89% -0.2%
18 70460 Slidell, LA $192,349 $1,504 6.10% 0.0%
19 70039 Boutte, LA $207,707 $1,206 4.53% -1.3%
20 70131 New Orleans, LA $213,395 $1,551 5.67% -0.6%
21 70068 La Place, LA $214,279 $1,707 6.21% -2.5%
22 70053 Gretna, LA $215,378 $1,621 5.87% -4.4%
23 70067 Lafitte, LA $216,265 $1,206 4.35% -6.4%
24 70043 Chalmette, LA $216,429 $1,381 4.98% -1.3%
25 70079 Norco, LA $216,743 $1,215 4.37% 1.2%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in New Orleans-Metairie, LA  ·  Appreciation in New Orleans-Metairie, LA

Or see the full New Orleans-Metairie, LA metro profile.