Affordable Housing In New Orleans
Orleans Parish, Louisiana

87 Low Income Apartment Communities In New Orleans

Christopher Inn

2110 Royal St
New Orleans, LA
Income Based
Studio-1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Delille Inn

6924 Chef Menteur Hwy
New Orleans, LA
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Abundance Square Apartments

3450 Desire Parkway
New Orleans, LA
Income Based
1-4 BR

Treasure Village

3450 Desire Parkway
New Orleans, LA
Call For Rent
1-2 BR

Chateau d Orleans

14765 Chef Menteur
New Orleans, LA
Call For Rent
1-4 BR
Subsidized

LaSalle Apartments

1113 Canal
New Orleans, LA
Call For Rent
Studio-1 BR
HCV Welcome

2 Oaks

14600 Dwyer Blvd
New Orleans, LA
Call For Rent
1-4 BR

Annunciation Inn

1220 Spain St
New Orleans, LA
62+
Accessible
Elderly Supportive Housing
Subsidized

Nazareth Inn

9630 Hayne Blvd
New Orleans, LA
62+
Accessible
Elderly Supportive Housing
Subsidized

Faubourg Lafitte

2200 Lafitte St
New Orleans, LA
Call For Rent
1-3 BR

Housing Authorities that serve New Orleans

Housing Authority Programs
Housing Authority of New Orleans Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in New Orleans, Louisiana

There are 87 low income housing apartment communities offering 8,507 affordable apartments for rent in New Orleans, Louisiana. New Orleans features 5,300 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 3,207 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in New Orleans.

Sourced from federal housing data and AffordableHousingOnline.com research.

New Orleans, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 87
Total Low Income Apartments 8,507
Total Housing Units with Rental Assistance 5,300
Percentage of Housing Units Occupied By Renters 53.74%
Average Renter Household Size 2.22
Average Household Size 2.38
Median Household Income $36,792 ±$654
Median Rent $924 ±$8
Percentage Of Renters Overburdened 55.01% ± 1.38pp
Total Population 376,738

Population and Household Demographics

New Orleans is a City in Orleans Parish, Louisiana with a population of 376,738. There are 153,140 households in the city with an average household size of 2.38 persons. 53.74% of households in New Orleans are renters.

Income and Rent Overburden in New Orleans

The median gross income for households in New Orleans is $36,792 a year, or $3,066 a month. The median rent for the city is $924 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New Orleans, a household making less than $3,080 a month would be considered overburdened when renting an apartment at or above the median rent. 55.01% of households who rent are overburdened in New Orleans.1

Area Median Income In New Orleans

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For New Orleans, the AMI is calculated from all households within Orleans Parish.

In New Orleans, HUD calculates the Area Median Income for a family of four as $67,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in New Orleans

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for New Orleans HUD Rental Assistance in New Orleans

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,150 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,600 $27,000 $30,350 $33,700 $36,400 $39,100 $41,800 $44,500
80% of Median $37,750 $43,150 $48,550 $53,900 $58,250 $62,550 $66,850 $71,150
Low Income Housing Tax Credits in New Orleans

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2009, 42 low income apartment communities containing 3,844 rental apartments have been constructed and made affordable to low income persons in New Orleans by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in New Orleans

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,600 $27,000 $30,350 $33,700 $36,400 $39,100 $41,800 $44,500
60% of Median $28,320 $32,400 $36,420 $40,440 $43,680 $46,920 $50,160 $53,400

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in New Orleans is $36,420 a year, or $3,035 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,035 by 30% to get a maximum rent of $911 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $590 $633 $759 $876 $978 $1,079
60% $708 $759 $911 $1,052 $1,173 $1,295
Fair Market Rents in New Orleans

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$779 $908 $1,078 $1,396 $1,597