The 10 Cheapest New Orleans, LA Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in New Orleans are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in New Orleans.
Cheapest Neighborhoods In New Orleans

Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in New Orleans might be more expensive than living in rural Louisiana, there are certain neighborhoods that are definitely cheaper.

So what exactly are those New Orleans neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in New Orleans are the cheapest.

What’s the cheapest neighborhood to live in New Orleans for 2020? According to the most recent census data, Tall Timbers-Brechtel looks to be the cheaptest New Orleans neighborhood to live in.

At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in New Orleans. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around New Orleans that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in New Orleans.

Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Louisiana reading, check out:

How We Determined The Cheapest New Orleans Hoods In 2020

In order to rank the cheapest places to live in New Orleans, we had to determine what criteria defines “cheap”.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 68 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the “Cheapest City Neighborhood In New Orleans.” We’re lookin’ at you, Tall Timbers-Brechtel.

Read on below to learn more about what it’s like to live in the cheapest places New Orleans. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 10 Cheapest Neighborhoods To Live In New Orleans For 2020

Overall SnackAbility

7
/10

Population: 14,493
Cost Of Living Index: 90 (18th cheapest)
Home Value To Income Ratio: 2.6 (2nd cheapest)
Rent To Income Ratio: 0.015 (10th cheapest)
More on Tall Timbers-Brechtel: Homes For Sale | Data

The median income in Tall Timbers-Brechtel comes in at $49,435 and the median home value is $127,233 for 2020.

Overall SnackAbility

1
/10

Population: 2,629
Cost Of Living Index: 75 (1st cheapest)
Home Value To Income Ratio: 1.6 (1st cheapest)
Rent To Income Ratio: 0.024 (38th cheapest)
More on Desire: Homes For Sale | Data

The median income in Desire comes in at $16,345 and the median home value is $26,725 for 2020.

Overall SnackAbility

8
/10

Population: 18,186
Cost Of Living Index: 93 (28th cheapest)
Home Value To Income Ratio: 2.6 (3rd cheapest)
Rent To Income Ratio: 0.015 (9th cheapest)
More on Old Aurora: Homes For Sale | Data

The median income in Old Aurora comes in at $57,192 and the median home value is $148,818 for 2020.

Overall SnackAbility

8
/10

Population: 8,886
Cost Of Living Index: 94 (30th cheapest)
Home Value To Income Ratio: 3.3 (9th cheapest)
Rent To Income Ratio: 0.005 (2nd cheapest)
More on Read Blvd East: Homes For Sale | Data

The median income in Read Blvd East comes in at $58,658 and the median home value is $196,500 for 2020.

Overall SnackAbility

4
/10

Population: 3,636
Cost Of Living Index: 84 (6th cheapest)
Home Value To Income Ratio: 4.0 (21st cheapest)
Rent To Income Ratio: 0.017 (15th cheapest)
More on Lower 9th Ward: Homes For Sale | Data

The median income in Lower 9th Ward comes in at $25,937 and the median home value is $104,867 for 2020.

Overall SnackAbility

6
/10

Population: 5,134
Cost Of Living Index: 90 (18th cheapest)
Home Value To Income Ratio: 3.9 (17th cheapest)
Rent To Income Ratio: 0.017 (17th cheapest)
More on Dillard: Homes For Sale | Data

The median income in Dillard comes in at $36,704 and the median home value is $142,675 for 2020.

Overall SnackAbility

6
/10

Population: 9,068
Cost Of Living Index: 88 (10th cheapest)
Home Value To Income Ratio: 2.8 (5th cheapest)
Rent To Income Ratio: 0.024 (39th cheapest)
More on Village De L’est: Homes For Sale | Data

The median income in Village De L’est comes in at $37,209 and the median home value is $102,414 for 2020.

Overall SnackAbility

8
/10

Population: 6,495
Cost Of Living Index: 102 (42nd cheapest)
Home Value To Income Ratio: 3.3 (8th cheapest)
Rent To Income Ratio: 0.007 (6th cheapest)
More on New Aurora-English Turn: Homes For Sale | Data

The median income in New Aurora-English Turn comes in at $76,446 and the median home value is $254,867 for 2020.

Overall SnackAbility

8.5
/10

Population: 1,435
Cost Of Living Index: 114 (54th cheapest)
Home Value To Income Ratio: 3.3 (7th cheapest)
Rent To Income Ratio: 0.002 (1st cheapest)
More on Lake Terrace And Oaks: Homes For Sale | Data

The median income in Lake Terrace And Oaks comes in at $116,810 and the median home value is $382,450 for 2020.

Overall SnackAbility

6
/10

Population: 3,156
Cost Of Living Index: 91 (22nd cheapest)
Home Value To Income Ratio: 3.4 (10th cheapest)
Rent To Income Ratio: 0.02 (30th cheapest)
More on Gentilly Woods: Homes For Sale | Data

The median income in Gentilly Woods comes in at $39,818 and the median home value is $133,650 for 2020.

Summing Up The Cheapest Places In New Orleans

If you’re measuring the neighborhoods in New Orleans where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in New Orleans aren’t all cheap. Black Pearl takes the title of the most expensive neighborhood to live in New Orleans.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Louisiana reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In New Orleans For 2020

Rank Neighborhood Cost Of Living Index
1 Tall Timbers-Brechtel 90
2 Desire 75
3 Old Aurora 93
4 Read Blvd East 94
5 Lower 9th Ward 84
6 Dillard 90
7 Village De L’est 88
8 New Aurora-English Turn 102
9 Lake Terrace And Oaks 114
10 Gentilly Woods 91
11 Holy Cross 90
12 Florida 81
13 Fillmore 103
14 Tulane-Gravier 82
15 Behrman 88
16 West End 100
17 Fischer Dev 84
18 Lakewood 129
19 Lake Shore-Lake Vista 125
20 Gentilly Terrace 96
21 Central Business District 106
22 Us Naval Base 90
23 Milneburg 95
24 Dixon 83
25 Lakeview 123
26 Mcdonogh 90
27 Fairgrounds 100
28 West Lake Forest 89
29 Algeirs Point 110
30 Saint Anthony 95
31 Read Blvd West 93
32 Garden District 148
33 Marlyville-Fontainebleau 118
34 Viavant-Venetian Isles 82
35 Navarre 113
36 Gert Town 86
37 Saint Bernard Area 87
38 Central City 89
39 Treme’ Lafitte 89
40 Pontchartrain Park 98
41 City Park 108
42 Milan 98
43 Lower Garden District 118
44 Whitney 93
45 Bywater 105
46 Plum Orchard 89
47 Saint Thomas 91
48 East Riverside 110
49 Holly Grove 91
50 Irish Channel 110
51 Freret 102
52 Audubon 152
53 Little Woods 95
54 Mid-City 98
55 Broadmoor 108
56 Uptown 130
57 Saint Claude 94
58 East Carollton 122
59 Saint Roch 92
60 Bayou Saint John 106
61 Pines Village 91
62 Leonidas 100
63 Seventh Ward 92
64 French Quarter 133
65 Marigny 117
66 Touro 138
67 West Riverside 123
68 Black Pearl 126

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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