Kenner East, New Orleans, LA—70116
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kenner East, New Orleans, LA
As of Oct '25, the median home price in Kenner East, New Orleans, LA is $293,000, with a year-over-year change of -3.2%. This indicates that home prices in Kenner East, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $293,000 | -3.2% |
| Single Family | $285,000 | -2.7% |
| Condos | $310,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $269,000 | 0.0% |
2 Bed | $318,000 | 0.0% |
3 Bed | $299,000 | -3.2% |
4 Bed | $266,000 | -1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kenner East, New Orleans, LA
As of July '25, Rentcast reports the average rent in Kenner East, New Orleans, LA is $1,980, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Kenner East, New Orleans, LA is studios: $1,450, 1-bedrooms: $1,560, 2-bedrooms: $2,110, 3-bedrooms: $2,480, 4-bedrooms: $3,520. The most common rental property sizes in Kenner East, New Orleans, LA are 1-bedroom and 2-bedroom, accounting for 43.2% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,980 |
| Studio Rent | $1,400 | $1,450 |
| 1 Bed Rent | $1,500 | $1,560 |
| 2 Bed Rent | $1,900 | $2,110 |
| 3 Bed Rent | $2,000 | $2,480 |
| 4 Bed Rent | $3,200 | $3,520 |
% of Rental Stock
Property Listings — Kenner East, New Orleans, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Kenner East, New Orleans, LA is 113. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | -5.0% |
Listing Count | 215 | 10.0% |
| Listings as % of Homes | 1.1% | 10.0% |
Days on Market | 113 | 9.0% |
Demographics — Kenner East, New Orleans, LA
As of the latest ACS Survey released in 2023, Kenner East, New Orleans, LA has a population of 10,400, which has decreased by -8.8% over the past 5 years. Kenner East, New Orleans, LA is a less popular place for families, as children make up 10.2% of the population. The area has a highly educated workforce, with 50.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | -8.8% |
% Under 18 | 10.2% | -2.9% |
% Seniors | 24.5% | 31.0% |
% WFH | 22.0% | 197.3% |
% w/ College Degree | 50.4% | 22.6% |
As of the latest ACS Survey released in 2023, Kenner East, New Orleans, LA is a predominantly white area, with 45.4% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Kenner East, New Orleans, LA is black, making up 40.1% of the population. Foreign-born residents account for 4.8% of the population in Kenner East, New Orleans, LA, and this percentage has decreased by 9.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 45.4% | -6.6% |
% Black | 40.1% | -10.1% |
% Hispanic | 10.3% | 139.5% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 4.8% | -9.4% |
Mortgage and Risk — Kenner East, New Orleans, LA
According to HUD data as of 2023, there were 110 mortgage originations in Kenner East, New Orleans, LA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Kenner East, New Orleans, LA. Investor activity is high, as 17.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 110 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 17.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Kenner East, New Orleans, LA
As of 2024, the percent of homes in Kenner East, New Orleans, LA under the Section 8 program is 28.6%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Kenner East, New Orleans, LA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 923 |
Total Units Section 8 | 912 |
% Rentals under Section 8 | 28.6% |
% Occupied Section 8 | 97.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $1,500 | $1,390 |
| 2 Bedroom | -$240 | $1,900 | $1,660 |
| 3 Bedroom | $120 | $2,000 | $2,120 |
| 4 Bedroom | -$710 | $3,200 | $2,490 |
Affordability — Kenner East, New Orleans, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $293,000 |
| Median Household Income | $45,600 |