River Ridge, LA 70123 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

River Ridge, LA—70123

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$347,000

8.7% YoY Growth

Household Income

$82,600

27.1% YoY Growth

Days on Market

24.0% Longer YoY

Home Price Forecast

-4.6%

Median Rent

$1,650

5.2% YoY Growth

1-Bed Rent

$1,160

3.4% YoY Growth

2-Bed Rent

$1,550

6.8% YoY Growth

3-Bed Rent

$2,200

0.9% YoY Growth

Home Price Trends — River Ridge, LA

As of May '26, the median home price in River Ridge, LA is $347,000, with a year-over-year change of 8.7%. This indicates that home prices in River Ridge, LA are increasing. According to Zillow, the 1-year price projection is -4.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$347,000	8.7%
Single Family	$350,000	7.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — River Ridge, LA

As of July '25, Rentcast reports the average rent in River Ridge, LA is $1,810, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in River Ridge, LA is 1-bedrooms: $1,140, 2-bedrooms: $1,570, 3-bedrooms: $2,280, 4-bedrooms: $3,550. The most common rental property sizes in River Ridge, LA are 2-bedroom and 1-bedroom, accounting for 47.4% and 41.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,810
Studio Rent	N/A	N/A
1 Bed Rent	$1,160	$1,140
2 Bed Rent	$1,550	$1,570
3 Bed Rent	$2,200	$2,280
4 Bed Rent	$3,300	$3,550

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% of Rental Stock

Studio

3.5%

1 Bedroom

41.5%

2 Bedrooms

47.4%

3 Bedrooms

6.2%

4 Bedrooms

1.2%

5+ Bedrooms

0.2%

Property Listings — River Ridge, LA

As of May '26, Realtor.com reports that the median days on market for a home in River Ridge, LA is 47. This is a increase of 24.0% 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 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	$370,000	-8.0%
Listing Count	130	-12.0%
Listings as % of Homes	0.4%	-12.0%
Days on Market	47	24.0%

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Demographics — River Ridge, LA

As of the latest ACS Survey released in 2023, River Ridge, LA has a population of 27,200, which has remained stable by 0.9% over the past 5 years. River Ridge, LA is a moderately popular place for families, as children make up 17.3% of the population. The area has a moderately educated workforce, with 44.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,200	0.9%
% Under 18	17.3%	-7.0%
% Seniors	21.6%	17.4%
% WFH	9.8%	145.0%
% w/ College Degree	44.2%	16.9%

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As of the latest ACS Survey released in 2023, River Ridge, LA is a predominantly white area, with 73.1% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in River Ridge, LA is black, making up 11.5% of the population. Foreign-born residents account for 7.5% of the population in River Ridge, LA, and this percentage has increased by 102.7% 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	73.1%	-5.9%
% Black	11.5%	-5.7%
% Hispanic	8.8%	17.3%
% Asian	3.6%	200.0%
% Foreign Born	7.5%	102.7%

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Mortgage and Risk — River Ridge, LA

According to HUD data as of 2023, there were 284 mortgage originations in River Ridge, LA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in River Ridge, LA. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	284
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — River Ridge, LA

As of 2024, the percent of homes in River Ridge, LA under the Section 8 program is 1.1%. This is considered low, suggesting that the neighborhood is sparsely 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 River Ridge, LA, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	68
Total Units Section 8	68
% Rentals under Section 8	1.1%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$380	$1,160	$1,540
2 Bedroom	$290	$1,550	$1,840
3 Bedroom	$150	$2,200	$2,350
4 Bedroom	-$540	$3,300	$2,760

River Ridge, LA—70123

Key Metrics at a Glance

Home Price Trends — River Ridge, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — River Ridge, LA

% of Rental Stock

Property Listings — River Ridge, LA

Demographics — River Ridge, LA

Race and Ethnicity

Mortgage and Risk — River Ridge, LA

Mortgages

Rentals and Section 8 — River Ridge, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — River Ridge, LA

Home Price to Income Ratio

River Ridge, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Westwego, LA

Jefferson, LA

Metairie, LA

Metairie, LA

Kenner, LA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$347,000
Median Household Income	$82,600

River Ridge, LA—70123

Key Metrics at a Glance

Home Price Trends — River Ridge, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — River Ridge, LA

% of Rental Stock

Property Listings — River Ridge, LA

Demographics — River Ridge, LA

Race and Ethnicity

Mortgage and Risk — River Ridge, LA

Mortgages

Rentals and Section 8 — River Ridge, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — River Ridge, LA

Home Price to Income Ratio

River Ridge, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Westwego, LA

Jefferson, LA

Metairie, LA

Metairie, LA

Kenner, LA

Frequently Asked Questions

What is the average home price in River Ridge, LA 70123?

How have home prices in River Ridge, LA 70123 changed over the past year?

What is the home price projection for River Ridge, LA 70123?

What are the demographics of River Ridge, LA 70123?

How long does it take homes to sell in River Ridge, LA 70123?

What is the average rent price in River Ridge, LA 70123?