Marrero, LA—70072
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marrero, LA
As of Oct '25, the median home price in Marrero, LA is $219,000, with a year-over-year change of 2.9%. This indicates that home prices in Marrero, LA are increasing. According to Zillow, the 1-year price projection is -3.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 2.9% |
| Single Family | $219,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | 6.8% |
3 Bed | $220,000 | 5.3% |
4 Bed | $272,000 | 6.2% |
| 5 Bed | $363,000 | 10.3% |
% of Housing Stock
Rental Trends — Marrero, LA
As of July '25, Rentcast reports the average rent in Marrero, LA is $1,730, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Marrero, LA is 1-bedrooms: $996, 2-bedrooms: $1,210, 3-bedrooms: $1,890, 4-bedrooms: $2,140. The most common rental property sizes in Marrero, LA are 3-bedroom and 2-bedroom, accounting for 34.0% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $996 |
| 2 Bed Rent | $1,200 | $1,210 |
| 3 Bed Rent | $1,750 | $1,890 |
| 4 Bed Rent | $2,200 | $2,140 |
% of Rental Stock
Property Listings — Marrero, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Marrero, LA is 57. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $225,000 | 6.0% |
Listing Count | 195 | -1.0% |
| Listings as % of Homes | 0.7% | -1.0% |
Days on Market | 57 | -17.0% |
Demographics — Marrero, LA
As of the latest ACS Survey released in 2023, Marrero, LA has a population of 55,600, which has decreased by -1.2% over the past 5 years. Marrero, LA is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,600 | -1.2% |
% Under 18 | 21.8% | -8.4% |
% Seniors | 17.1% | 19.6% |
% WFH | 5.7% | 147.8% |
% w/ College Degree | 16.1% | -0.6% |
As of the latest ACS Survey released in 2023, Marrero, LA is a predominantly black area, with 39.8% of the population identifying as black. The black population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Marrero, LA is white, making up 39.3% of the population. Foreign-born residents account for 9.7% of the population in Marrero, LA, and this percentage has increased by 24.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.3% | -12.3% |
% Black | 39.8% | -1.2% |
% Hispanic | 11.9% | 65.3% |
% Asian | 5.2% | -5.5% |
% Foreign Born | 9.7% | 24.4% |
Mortgage and Risk — Marrero, LA
According to HUD data as of 2023, there were 662 mortgage originations in Marrero, LA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Marrero, LA. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 662 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Marrero, LA
As of 2024, the percent of homes in Marrero, LA under the Section 8 program is 38.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Marrero, LA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,075 |
Total Units Section 8 | 2,075 |
% Rentals under Section 8 | 38.2% |
% Occupied Section 8 | 94.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $950 | $1,190 |
| 2 Bedroom | $220 | $1,200 | $1,420 |
| 3 Bedroom | $60 | $1,750 | $1,810 |
| 4 Bedroom | -$70 | $2,200 | $2,130 |
Affordability — Marrero, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $219,000 |
| Median Household Income | $55,900 |