JeffCroweCRE

Housing market/Louisiana/ZIP 70001

ACS 2023 · FY2027 SAFMR

ZIP 70001 Metairie, Louisiana

New Orleans-Metairie, LA HUD Metro FMR Area · Louisiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
39,193
Households
17,695
Median HH income
$70,187
Renter share
49.0%
Median gross rent
$1,145
Vacancy
7.4%
Pop. change
+0.8%
2BR SAFMR
$1,640
SAFMR / rent
1.432×
2–49 unit stock
5,702
LIHTC proj / units
—
HUD assisted MF
2 / 369

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 70001 · LA — sent to you.

ZIP 70001 · LA

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ACS rent vs 2BR SAFMR

ZIP 70001 — Metairie, LA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,145
2BR SAFMR$1,640
90% floor$1,476
110% ceiling$1,804

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 70001

  • 1-unit detached9,86351.7%
  • 1-unit attached1,3857.3%
  • 2–4 units1,6688.7%
  • 5–49 units4,03421.1%
  • 50+ units2,02010.6%
  • Mobile1100.6%
TypeUnitsShare
1-unit detached9,86351.6%
1-unit attached1,3857.3%
2 units (duplex)9444.9%
3–4 units7243.8%
5–9 units1,1466.0%
10–19 units1,3757.2%
20–49 units1,5137.9%
50+ units2,02010.6%
Mobile1100.6%

2–4 unit share 8.7% · 5–49 unit share 21.1% · combined 2–49 29.8%.

Units by bedrooms

Studio
1,403
1BR
3,102
2BR
4,951
3BR
7,075
4BR
2,095
5+
477

Rent burden

Rent ≥30% of income46.8%
Rent ≥50% of income24.5%
  • ACS median gross rent $1,145 (all bedrooms, occupied rentals).
  • Median contract rent $1,025.
  • Renters paying ≥30% of income 46.8%; ≥50% 24.5%.
  • FY2027 2BR SAFMR $1,640 (1.432× ACS median gross rent).

Population

39,193 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 2 properties, 369 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 70001 49.0% of occupied households are renters; vacancy is 7.4%; ACS median gross rent is $1,145; population increased +0.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,668 units in 2–4-unit structures and 4,034 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,640 versus ACS median gross rent of $1,145. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Louisiana research

ZIP 70001 is a Census / HUD profile for New Orleans-Metairie, LA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 70001 — Metairie, LA HUD Section 8 Payment Standards / SAFMR·Louisiana ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
70002New Orleans-Metairie, LA HUD Metro FMR Area49.2%$1,128$1,39070003New Orleans-Metairie, LA HUD Metro FMR Area23.3%$1,191$1,45070004New Orleans-Metairie, LA HUD Metro FMR Area——$1,43070005New Orleans-Metairie, LA HUD Metro FMR Area34.9%$1,160$1,44070006New Orleans-Metairie, LA HUD Metro FMR Area38.6%$1,206$1,46070009New Orleans-Metairie, LA HUD Metro FMR Area——$1,43070010New Orleans-Metairie, LA HUD Metro FMR Area——$1,43070011New Orleans-Metairie, LA HUD Metro FMR Area——$1,43070030New Orleans-Metairie, LA HUD Metro FMR Area7.4%$1,765$2,02070031New Orleans-Metairie, LA HUD Metro FMR Area13.1%$1,151$1,51070032New Orleans-Metairie, LA HUD Metro FMR Area28.7%$998$1,21070033New Orleans-Metairie, LA HUD Metro FMR Area——$1,430

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Louisiana research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 70001?

ZIP 70001 (New Orleans-Metairie, LA HUD Metro FMR Area) has 39,193 residents, 17,695 households, a renter share of 49.0%, median household income of $70,187, and ACS 2023 median gross rent of $1,145. Vacancy is 7.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 70001?

ACS counts 944 units in 2-unit buildings, 724 in 3–4 unit buildings, 1,146 in 5–9, 1,375 in 10–19, and 1,513 in 20–49. Combined 2–49 unit stock is 5,702 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 70001?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,640. See the full schedule and 90–110% payment-standard band on the ZIP 70001 — Metairie, LA HUD Section 8 Payment Standards / SAFMR.

Does this Louisiana ZIP profile include Georgia listings?

No. ZIP 70001 is Census / HUD research for New Orleans-Metairie, LA HUD Metro FMR Area. Jeff Crowe CRE does not list Louisiana property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.