How much is a home worth in ZIP code 70119?

The typical home in 70119 is worth $294,399, based on the Zillow Home Value Index.

Are home values rising in 70119?

Home values in 70119 are down 4.7% over the past year, and down 3.8% a year over five years.

What is the typical rent in 70119?

A typical home in 70119 rents for about $1,601 a month, a gross rental yield of 6.5%.

What is the property tax rate in 70119?

The effective property tax rate in 70119 is 0.8% — roughly $2,288 a year on a typical home.

ZIP code 70119 has a population of 37,253 and a median household income of $53,143.

HousingHandbookReference data

…

U.S. ZIP Code · LA70119

Orleans Parish · New Orleans-Metairie, LA

Typical home value

$294,399^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.7%
5-year / yr: -3.8%
10-year / yr: +0.7%

Relative price

vs U.S.: +3.6%
vs metro: +28.1%
vs state: +62.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 70119 is worth $294,399 — 28.1% above the New Orleans-Metairie, LA median. Over the past year, values have fallen 4.7%. Homes here rent for a typical $1,601 a month — a 6.5% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,601^[2]
Gross yield: 6.5%^[2]
Cap rate: 3.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,288^[3]

#Climate risk

FEMA National Risk Index ratings for Orleans Parish. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Very High
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 37,253^[3]
Median household income: $53,143^[3]

#Migration

Household moves in and out of Orleans Parish over a year, from IRS tax-return data.

Net migration: -2,103^[5]
Moved in: 10,107
Moved out: 12,210

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 5
Middle: 0
High: 2

Morris Jeff Community School
Other · Grades PK–12 · Morris Jeff Community School
1,566 students
Warren Easton Charter High School
High · Grades 9–12 · Warren Easton Charter Foundation Inc.
1,152 students
Bricolage Academy
Elementary · Grades PK–7 · Bricolage Academy
887 students
Phillis Wheatley Community School
Elementary · Grades PK–8 · Phillis Wheatley Community School
832 students
Langston Hughes Charter Academy
Elementary · Grades PK–8 · Langston Hughes Charter Academy
820 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.5%

Net yield (after ~40% expenses)3.9%

Annual rent$19,218

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,489

Loan principal$235,519

Down payment$58,880

Total interest paid$300,392

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.20

Monthly cost to own$1,925

Monthly rent$1,601

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 19th percentile^[1]
Rental yield: 43rd percentile^[2]
Property tax: 82nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 70119?: The typical home in 70119 is worth $294,399, based on the Zillow Home Value Index.
Are home values rising in 70119?: Home values in 70119 are down 4.7% over the past year, and down 3.8% a year over five years.
What is the typical rent in 70119?: A typical home in 70119 rents for about $1,601 a month, a gross rental yield of 6.5%.
What is the property tax rate in 70119?: The effective property tax rate in 70119 is 0.8% — roughly $2,288 a year on a typical home.
Who lives in 70119?: ZIP code 70119 has a population of 37,253 and a median household income of $53,143.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

70125 vs 70119 →
New Orleans, LA
Typical home
$293,356
Gross yield
7.3%
70047 vs 70119 →
Destrehan CDP, LA
Typical home
$298,855
Gross yield
5.6%
70070
Luling CDP, LA
Typical home
$288,118
Gross yield
—
70763
Paulina CDP, LA
Typical home
$303,020
Gross yield
—
70065
Kenner, LA
Typical home
$285,143
Gross yield
7.4%
70116
New Orleans, LA
Typical home
$306,608
Gross yield
6.2%

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Pit ZIP 70119 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · LA70119

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