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  5. /Marrero, New Orleans, LA - 70125

Marrero, New Orleans, LA—70125

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$287,000
6.0% YoY Growth
Household Income
$59,000
31.4% YoY Growth
Days on Market
53
6.0% Shorter YoY
Home Price Forecast
-4.0%
Median Rent
$1,780
1.0% YoY Growth
1-Bed Rent
$1,300
0.8% YoY Growth
2-Bed Rent
$1,580
5.4% YoY Growth
3-Bed Rent
$2,050
0.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Marrero, New Orleans, LA

As of May '26, the median home price in Marrero, New Orleans, LA is $287,000, with a year-over-year change of -6.0%. This indicates that home prices in Marrero, New Orleans, LA are decreasing. According to Zillow, the 1-year price projection is -4.0%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$287,000-6.0%
Single Family $288,000-6.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$221,000-5.6%
    3 Bed
    		$314,000-5.7%
    4 Bed
    		$325,000-6.3%
    5 Bed $318,522-7.9%
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    13.2%
    2 Bedrooms
    32.5%
    3 Bedrooms
    39.0%
    4 Bedrooms
    9.4%
    5+ Bedrooms
    4.1%

    Rental Trends — Marrero, New Orleans, LA

    As of July '25, Rentcast reports the average rent in Marrero, New Orleans, LA is $1,940, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Marrero, New Orleans, LA is studios: $750, 1-bedrooms: $1,270, 2-bedrooms: $1,570, 3-bedrooms: $2,160, 4-bedrooms: $2,940. The most common rental property sizes in Marrero, New Orleans, LA are 2-bedroom and 3-bedroom, accounting for 42.6% and 29.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,780$1,940
    Studio Rent $750$750
    1 Bed Rent $1,300$1,270
    2 Bed Rent $1,580$1,570
    3 Bed Rent $2,050$2,160
    4 Bed Rent $2,800$2,940
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    % of Rental Stock

    Studio
    4.1%
    1 Bedroom
    19.6%
    2 Bedrooms
    42.6%
    3 Bedrooms
    29.5%
    4 Bedrooms
    2.4%
    5+ Bedrooms
    1.7%

    Property Listings — Marrero, New Orleans, LA

    As of May '26, Realtor.com reports that the median days on market for a home in Marrero, New Orleans, LA is 53. This is a decrease of -6.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$325,000-4.0%
    Listing Count
    		90-16.0%
    Listings as % of Homes0.9%-16.0%
    Days on Market
    		53-6.0%
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    Demographics — Marrero, New Orleans, LA

    As of the latest ACS Survey released in 2023, Marrero, New Orleans, LA has a population of 18,400, which has decreased by -2.0% over the past 5 years. Marrero, New Orleans, LA is a moderately popular place for families, as children make up 21.5% of the population. The area has a highly educated workforce, with 46.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		18,400-2.0%
    % Under 18
    		21.5%4.4%
    % Seniors
    		15.6%52.9%
    % WFH
    		15.3%168.4%
    % w/ College Degree
    		46.0%11.7%
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    As of the latest ACS Survey released in 2023, Marrero, New Orleans, LA is a predominantly black area, with 51.5% of the population identifying as black. The black population has shrunk by 14.6% in the last 5 years. The second most common race or ethnicity in Marrero, New Orleans, LA is white, making up 31.7% of the population. Foreign-born residents account for 6.7% of the population in Marrero, New Orleans, LA, and this percentage has increased by 45.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		31.7%-1.6%
    % Black
    		51.5%-14.6%
    % Hispanic
    		9.2%76.9%
    % Asian
    		2.3%76.9%
    % Foreign Born
    		6.7%45.7%
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    Mortgage and Risk — Marrero, New Orleans, LA

    According to HUD data as of 2023, there were 199 mortgage originations in Marrero, New Orleans, LA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Marrero, New Orleans, LA. Investor activity is low, as 14.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		199
    % Conventional Loans
    		80.0%
    % Government Loans
    		20.0%
    % Investor Loans
    		14.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Marrero, New Orleans, LA

    As of 2024, the percent of homes in Marrero, New Orleans, LA under the Section 8 program is 23.4%. 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, New Orleans, LA, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		996
    Total Units Section 8
    		855
    % Rentals under Section 8
    		23.4%
    % Occupied Section 8
    		97.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$70$1,300$1,370
    2 Bedroom$60$1,580$1,640
    3 Bedroom$50$2,050$2,100
    4 Bedroom-$340$2,800$2,460

    Affordability — Marrero, New Orleans, LA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.1
    Median Home Price$287,000
    Median Household Income$59,000

    Marrero, New Orleans, LA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions