Are you considering living a life in the Big Easy? It’s no surprise, really. This charming city allures millions of visitors to its surroundings every year, and many of them decide they never want to leave.
New Orleans is rich in culture, history, art, food, and all the best aspects of big city living. But where you live in or around the city will have a lot to do with how much you actually enjoy being a local.
Location is the most important thing to consider when buying a house. We’ve narrowed down five of the best neighborhoods in New Orleans, based on the housing market, safety, schools, and the overall quality of life they offer.
Oozing with old world charm, the Garden District makes it easy to call this place home. The tree-lined streets make every day seem like a walk in the park. You’re in close proximity to restaurants, bars, and boutiques — and just minutes away from downtown.
Homes can be a bit pricier in the Garden District, compared to other neighborhoods in New Orleans. The median home value is $754,000, compared to the median rent of just $851. However, the public school system is strong, the quality of life is high, and homes will likely hold their value well over time.
Marigny/Bywater is the epitome of New Orleans culture (other than the French Quarter, of course). The colorful houses and artsy-minded people you’ll find here offer a beautiful blend of what makes the city special. It’s one of the trendiest, hippest neighborhoods in the city and puts you in close proximity to stores, restaurants, bars, and entertainment.
Besides the culture, many residents tend to move here because of the above-average schools. Families and young professionals are drawn to the area, plus it’s within walking distance to the water.
Right now, the neighborhood’s real estate market isn’t very competitive, which could work in the buyer’s favor. You have more time to explore properties before you pull the trigger without the risk of someone else snatching it up first, plus you may be able to get a better deal on a property.
If you’re craving a suburban-like feel with the benefits of a city, consider Lakewood your new home. This smaller neighborhood is home to less than 2,000 residents, taking away some of the crowdedness and clamor of the city.
Many families have made their home in Lakewood, thanks to a mild crime rate, highly rated schools, and a moderate cost of living. It’s close to many parks and coffee shops, as well as other hotspots for nightlife, a country club, and daytime entertainment.
Housing costs aren’t the highest in the city, but they aren’t the cheapest, either. The median home value is just under $600,000. If you’re looking for a little yard space and greenery, this is one of the neighborhoods that can deliver.
If safety is a priority, you won’t find many neighborhoods safer than Audubon. The neighborhood includes an elementary school and many surveillance cameras, and campus police from nearby Loyola also make frequent rounds.
Here you’ll find a mix of college students and high-end professionals like doctors and lawyers. The median home value is moderate for New Orleans standards at $634,000, while the median rent is around $1,285. Because of its safety and proximity to school and the waterfront, Audubon has become a favorite for families.
Not to be confused with Lakewood, Lakeview is another family-friendly neighborhood filled with opportunity. There are numerous public and private schools in the area, which has made it a great option for younger families. It’s also close to popular outdoor spaces like City Park and the Lakefront. Many people who live here say the neighborhood offers the balance of small town life and big city amenities, especially given the strong sense of community.
The real estate market here is also a clear winner when it comes to home affordability. You can buy a home for less than what you’d pay in rent, with a median home value of just under $400,000. You also tend to get more for your money, especially when compared with other hip neighborhoods.
How to Start Searching for Your New Orleans Dream Home
Are you ready to start exploring these and other New Orleans neighborhoods in pursuit of your next home? Clever can help!
Our Partner Agents are top-rated agents experienced in the New Orleans market that can help you find the neighborhood and home that suits your style.
Connect with Clever today for a no-obligation consultation and let us introduce you to a New Orleans agent for guidance and support throughout the home-buying process.