How much is a home worth in ZIP code 70122?

The typical home in 70122 is worth $222,574, based on the Zillow Home Value Index.

Are home values rising in 70122?

Home values in 70122 are down 5.7% over the past year, and down 2.9% a year over five years.

What is the typical rent in 70122?

A typical home in 70122 rents for about $1,421 a month, a gross rental yield of 7.7%.

What is the property tax rate in 70122?

The effective property tax rate in 70122 is 0.8% — roughly $1,723 a year on a typical home.

ZIP code 70122 has a population of 35,253 and a median household income of $49,455.

HousingHandbookReference data

…

U.S. ZIP Code · LA70122

Orleans Parish · New Orleans-Metairie, LA

Typical home value

$222,574^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -5.7%
5-year / yr: -2.9%
10-year / yr: +1.3%

Relative price

vs U.S.: -21.6%
vs metro: -3.1%
vs state: +22.5%

Price history

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

The typical home in 70122 is worth $222,574 — 3.1% below the New Orleans-Metairie, LA median. Over the past year, values have fallen 5.7%. Homes here rent for a typical $1,421 a month — a 7.7% 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: $1,421^[2]
Gross yield: 7.7%^[2]
Cap rate: 4.6%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $1,723^[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: 35,253^[3]
Median household income: $49,455^[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: 14
Elementary: 7
Middle: 0
High: 5

Benjamin Franklin High School
High · Grades 9–12 · Benjamin Franklin High School
1,056 students
McDonogh 35 Senior High School
High · Grades 9–12 · McDonogh 35 Senior High School
862 students
Arthur Ashe Charter School
Elementary · Grades K–8 · Arthur Ashe Charter School
807 students
KIPP Believe
Elementary · Grades PK–8 · KIPP Believe
759 students
Mary Bethune Elementary Literature/Technology
Elementary · Grades PK–8 · Orleans Parish
745 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 yield7.7%

Net yield (after ~40% expenses)4.6%

Annual rent$17,051

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$1,125

Loan principal$178,059

Down payment$44,515

Total interest paid$227,105

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 ratio1.02

Monthly cost to own$1,454

Monthly rent$1,421

Owning and renting are roughly even.

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: 25th percentile^[1]
Rental yield: 60th percentile^[2]
Property tax: 81st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 70122?: The typical home in 70122 is worth $222,574, based on the Zillow Home Value Index.
Are home values rising in 70122?: Home values in 70122 are down 5.7% over the past year, and down 2.9% a year over five years.
What is the typical rent in 70122?: A typical home in 70122 rents for about $1,421 a month, a gross rental yield of 7.7%.
What is the property tax rate in 70122?: The effective property tax rate in 70122 is 0.8% — roughly $1,723 a year on a typical home.
Who lives in 70122?: ZIP code 70122 has a population of 35,253 and a median household income of $49,455.

#Comparable ZIPs

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

70053 vs 70122 →
Gretna, LA
Typical home
$223,357
Gross yield
7.9%
70032 vs 70122 →
Arabi CDP, LA
Typical home
$219,480
Gross yield
—
70087
St. Rose CDP, LA
Typical home
$229,601
Gross yield
—
70031
Ama CDP, LA
Typical home
$229,774
Gross yield
—
70113
New Orleans, LA
Typical home
$231,773
Gross yield
8.5%
70131
New Orleans, LA
Typical home
$213,074
Gross yield
7.8%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 70122 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · LA70122

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