Like any large city, home prices in New Orleans have continued to increase over the years. Fortunately, there are still some neighborhoods in New Orleans that offer some affordable housing options. These are the cheapest neighborhoods in New Orleans for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in New Orleans.

Population 797
-100%
Median Home Value $0
100% less expensive than New Orleans
Population 693
-69%
Median Home Value $138,584
69% less expensive than New Orleans
Population 2,748
-63%
Median Home Value $165,235
63% less expensive than New Orleans
Population 1,567
-60%
Median Home Value $179,015
60% less expensive than New Orleans
Population 2,528
-57%
Median Home Value $192,541
57% less expensive than New Orleans
Population 2,016
-53%
Median Home Value $206,884
53% less expensive than New Orleans
Population 3,624
-51%
Median Home Value $217,544
51% less expensive than New Orleans
Population 5,365
-48%
Median Home Value $230,069
48% less expensive than New Orleans
Population 8,947
-47%
Median Home Value $234,373
47% less expensive than New Orleans
Population 5,810
-45%
Median Home Value $245,557
45% less expensive than New Orleans
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report