HousingHandbookReference data

U.S. ZIP Code · LA70128

Orleans Parish · New Orleans-Metairie, LA

Typical home value

$173,884[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.4%
5-year / yr
-0.9%
10-year / yr
+3.1%

Relative price

vs U.S.
-38.8%
vs metro
-24.3%
vs state
-4.3%
ZIP 70128 location in LA
Location of ZIP 70128 in LA

Price history

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

The typical home in 70128 is worth $173,884 — 24.3% below the New Orleans-Metairie, LA median. Over the past year, values have fallen 2.4%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$1,456[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
22,986[3]
Median household income
$56,431[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
5
Elementary
3
Middle
0
High
2
  • Lake Forest Elementary Charter School

    Elementary · Grades K–8 · Lake Forest Elementary Charter School

    654 students

  • Fannie C. Williams Charter School

    Elementary · Grades PK–8 · Fannie C Williams Charter School

    477 students

  • Einstein Charter at Sherwood Forest

    Elementary · Grades PK–5 · Einstein Charter at Sherwood Forest

    390 students

  • New Orleans Accelerated High School

    High · Grades 8–12 · New Orleans Accelerated High School

    273 students

  • Living School

    High · Grades 9–12 · Living School Inc.

    193 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$879
Loan principal$139,107
Down payment$34,777
Total interest paid$177,424

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.

Own : rent ratio
Monthly cost to own$1,146
Monthly rent

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
51st percentile[1]
Rental yield
[2]
Property tax
86th percentile[3]

Frequently asked

How much is a home worth in ZIP code 70128?
The typical home in 70128 is worth $173,884, based on the Zillow Home Value Index.
Are home values rising in 70128?
Home values in 70128 are down 2.4% over the past year, and down 0.9% a year over five years.
What is the property tax rate in 70128?
The effective property tax rate in 70128 is 0.8% — roughly $1,456 a year on a typical home.
Who lives in 70128?
ZIP code 70128 has a population of 22,986 and a median household income of $56,431.

#Comparable ZIPs

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

  • New Orleans, LA

    Typical home
    $174,105
    Gross yield
    10.7%
  • Poydras CDP, LA

    Typical home
    $167,574
    Gross yield
  • New Orleans, LA

    Typical home
    $166,701
    Gross yield
    9.7%
  • Violet CDP, LA

    Typical home
    $164,946
    Gross yield
  • Lutcher, LA

    Typical home
    $164,783
    Gross yield
  • New Orleans, LA

    Typical home
    $164,321
    Gross yield
    11.3%

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