How much is a home worth in ZIP code 70127?

The typical home in 70127 is worth $166,701, based on the Zillow Home Value Index.

Are home values rising in 70127?

Home values in 70127 are down 0.9% over the past year, and down 0.6% a year over five years.

What is the typical rent in 70127?

A typical home in 70127 rents for about $1,343 a month, a gross rental yield of 9.7%.

What is the property tax rate in 70127?

The effective property tax rate in 70127 is 0.6% — roughly $960 a year on a typical home.

ZIP code 70127 has a population of 23,107 and a median household income of $40,765.

HousingHandbookReference data

…

U.S. ZIP Code · LA70127

Orleans Parish · New Orleans-Metairie, LA

Typical home value

$166,701^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.9%
5-year / yr: -0.6%
10-year / yr: +3.0%

Relative price

vs U.S.: -41.3%
vs metro: -27.5%
vs state: -8.3%

Price history

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

The typical home in 70127 is worth $166,701 — 27.5% below the New Orleans-Metairie, LA median. Over the past year, values have fallen 0.9%. Homes here rent for a typical $1,343 a month — a 9.7% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $1,343^[2]
Gross yield: 9.7%^[2]
Cap rate: 5.8%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $960^[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: 23,107^[3]
Median household income: $40,765^[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: 4
Elementary: 3
Middle: 0
High: 1

ReNEW Dolores T. Aaron Elementary
Elementary · Grades PK–8 · ReNew Dolores T Aaron Elementary
760 students
ReNEW Schaumburg Elementary
Elementary · Grades PK–8 · ReNEW Schaumburg Elementary
704 students
Abramson Sci Academy
High · Grades 9–12 · Sci Academy
665 students
Robert Russa Moton Charter School
Elementary · Grades PK–8 · Robert Russa Moton Charter School
372 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 yield9.7%

Net yield (after ~40% expenses)5.8%

Annual rent$16,110

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$843

Loan principal$133,361

Down payment$33,340

Total interest paid$170,094

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 ratio0.79

Monthly cost to own$1,062

Monthly rent$1,343

Owning 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: 60th percentile^[1]
Rental yield: 87th percentile^[2]
Property tax: 56th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 70127?: The typical home in 70127 is worth $166,701, based on the Zillow Home Value Index.
Are home values rising in 70127?: Home values in 70127 are down 0.9% over the past year, and down 0.6% a year over five years.
What is the typical rent in 70127?: A typical home in 70127 rents for about $1,343 a month, a gross rental yield of 9.7%.
What is the property tax rate in 70127?: The effective property tax rate in 70127 is 0.6% — roughly $960 a year on a typical home.
Who lives in 70127?: ZIP code 70127 has a population of 23,107 and a median household income of $40,765.

#Comparable ZIPs

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

70085 vs 70127 →
Poydras CDP, LA
Typical home
$167,574
Gross yield
—
70092 vs 70127 →
Violet CDP, LA
Typical home
$164,946
Gross yield
—
70071
Lutcher, LA
Typical home
$164,783
Gross yield
—
70114
New Orleans, LA
Typical home
$164,321
Gross yield
11.3%
70128
New Orleans, LA
Typical home
$173,884
Gross yield
—
70117
New Orleans, LA
Typical home
$174,105
Gross yield
10.7%

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Pit ZIP 70127 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · LA70127

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