Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
Recent-lease rent$1,1482026-07 · -5.6% year over year
Rental vacancyn/an/a
Time on marketn/an/a
FIPS 22051 · population 430,920 · part of New Orleans, LA
The latest county-level Zillow ZORI is $1,525 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $964 | Jefferson Parish, LA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,113 | Jefferson Parish, LA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,331 | Jefferson Parish, LA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,701 | Jefferson Parish, LA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $1,996 | Jefferson Parish, LA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 22051. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Jefferson Parish presents a county-level underwriting tension: Zillow's supplied 2026-06 median home value was $275,580, up 7.62%, while measured median asking rent was $1,525, down 1.65%. The supplied gross yield is 6.64% before costs, making income underwriting more dependent on current rent than on a valuation narrative. Investors relying on appreciation should be cautious and investigate rent durability and closed-sale evidence. FHFA's separate 2025 annual repeat-transaction HPI rose 2.27%; it supports a positive direction, but is not a dollar home value or a same-period growth rate and should not be averaged with Zillow.
The gross yield must be stress-tested against carrying costs. Market rent is published and sits above HUD's $1,331 two-bedroom FMR; that standard is a payment standard, not an estimate of asking rent. Effective property-tax rate is 0.52%, with median annual tax of $1,312. The combination of a rising Zillow value, softer asking rent, and taxes makes gross yield a screening measure rather than a net return conclusion. Insurance, vacancy, repairs, management, utilities, and financing costs are not supplied.
Demand evidence is mixed. QCEW measures annual covered employment in the parish; its employment growth was 0.66%, and average covered-worker weekly wage was $1,274. Trade, transportation, and utilities was the largest disclosed private supersector, not the whole economy. Tax-return flows show more households moved out than in, while average income was $54,496 for movers in and $57,297 for movers out. Investor mortgages were 365 of 2,933 purchases, or 12.44%. Realtor.com adds MLS evidence of softer asking prices, more visible supply, longer marketing time, and price reductions; none is closed-sale proof or demand proof by itself.
Risk limits are material. The dominant hazard is hurricane, and the modeled annual climate-loss ratio is 0.50% of building value; that is modeled loss, not a property-specific insurance quote, deductible, or cash expense. Before underwriting, obtain wind and flood coverage terms, deductibles, claims history, condition details, lease-level rent comps, vacancy, and closed-sale comparables. The missing operating expenses and insurance prevent a net yield or DSCR conclusion; absent closed-sale evidence prevents deciding whether the Zillow value is realizable.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Jefferson Parish’s 12 direct Zillow ZORI records for June 2026 run from $1,212 to $1,785, a $573 span, with a $1,623 median. The county ZORI is $1,525. At the low and high ends, 70058 declined 3.7% year over year, while 70121 rose 6.3%. Thus, the decision is not to treat one countywide index as a property quote, but to decide which end of the observed range warrants a current search for the intended budget and unit type. ZORI is a typical observed asking-rent index, so it benchmarks a market rather than stating the rent of a particular apartment; its annual movement does not establish a change in every lease.
Zillow, ACS, and HUD answer different questions. The ACS 2024 five-year county median gross rent is $1,190, while displayed ZCTA estimates run from $1,106 to $1,390. Those are reported gross rents for occupied households during a survey period, not June 2026 asking rents or a growth series. HUD’s two-bedroom FMR is $1,331 in every displayed record; it is an administrative standard. The simple ZORI-to-FMR comparison runs from 91% to 134%, but that is only a benchmark ratio, not a unit-for-unit rent gap, because the measures have different construction and uses.
ACS’s share of renter households paying 30% or more of income toward rent ranges from 35.6% to 71.9% across the displayed ZCTAs. ACS vacancy rates range from 6.2% to 15.6%. These ranges do not produce a dependable trade-off: the record with the lowest vacancy also has the highest burden, while the highest-vacancy record still has a high burden. Vacancy measures vacant housing, and burden measures renter costs relative to income; neither establishes that one drives the other. A mechanical ZORI-based income screen ranges from $48,480 to $71,400 for the displayed rent indexes. It is a 30-percent budgeting calculation, not an ACS income estimate or a finding that a particular household qualifies.
The direct set includes 12 eligible ZIP/ZCTA matches covering 55,807 renter households, yet the supplied coverage notice says it is not an exhaustive county inventory. Display assignment follows the HUD residential-address crosswalk’s largest county share; the packet reports a full Jefferson residential-address share for each shown record. Census ZCTAs are statistical areas, not USPS delivery ZIPs, and ZIPs can cross county lines. For any property, verify the current advertised rent, bedroom count, availability date, lease term, deposits, fees, utilities, concessions, and household or program eligibility. Use FMR only in its applicable administrative context and retain the actual listing terms for the final comparison.
All 12 eligible direct-evidence ZIP profiles are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 70001 | $1,664 | $1,132 | $1,331 | 47.7% | 8.4% | $67k | 100.0% |
| 70065 | $1,643 | $1,161 | $1,331 | 45.1% | 8.9% | $66k | 100.0% |
| 70123 | $1,564 | $1,390 | $1,331 | 37.7% | 6.8% | $63k | 100.0% |
| 70058 | $1,212 | $1,210 | $1,331 | 60.1% | 8.3% | $48k | 100.0% |
| 70072 | $1,668 | $1,138 | $1,331 | 53.8% | 7.9% | $67k | 100.0% |
| 70002 | $1,362 | $1,175 | $1,331 | 50.5% | 9.2% | $54k | 100.0% |
| 70094 | $1,417 | $1,186 | $1,331 | 58.4% | 10.5% | $57k | 100.0% |
| 70005 | $1,768 | $1,178 | $1,331 | 35.6% | 7.6% | $71k | 100.0% |
| 70003 | $1,603 | $1,222 | $1,331 | 48.4% | 6.5% | $64k | 100.0% |
| 70062 | $1,458 | $1,233 | $1,331 | 71.9% | 6.2% | $58k | 100.0% |
| 70006 | $1,780 | $1,246 | $1,331 | 51.3% | 7.2% | $71k | 100.0% |
| 70121 | $1,785 | $1,106 | $1,331 | 57.1% | 15.6% | $71k | 100.0% |
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.497% of building value expected lost per year
$1,312 median annual bill
8,765 in · 10,772 out
$54,496 arriving · $57,297 leaving
365 of 2,933 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Jefferson Parish | 430,920 | $276k | $1,525 | 6.6% | hurricane |
| Orleans Parish | 371,853 | $248k | $1,664 | 8.1% | hurricane |
| St. Charles Parish | 51,396 | $271k | $1,475 | 6.5% | hurricane |
| St. Bernard Parish | 44,419 | $209k | $1,512 | 8.7% | hurricane |
| St. John the Baptist Parish | 40,743 | $201k | $1,666 | 10.0% | hurricane |
| Plaquemines Parish | 22,803 | $278k | $2,125 | 9.2% | hurricane |
| St. James Parish | 19,528 | $210k | n/a | n/a | hurricane |
No. The record identifies rent as median asking rent and FMR as a two-bedroom payment standard, so FMR is not market-rent evidence.
It is a repeat-transaction home-price index change, not a dollar home value; the record supplies a separate annual observation from Zillow's county value.
It measures purchase mortgages to non-occupants as a share of total purchase mortgages; it does not by itself establish buyer demand.