Contract Rent in Orleans Parish, Louisiana

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed Contract rent trend from 2009 & 2015 for all counties in the US. Contract rent is impacted due to factors such as Home location, facilities in the home, Employment opportunity, Strata levies, duration of the tenant.

The key elements in the research are

1. Contract rent below $1000
2. Contract rent above $1000

Our key findings

• % Change Cash rent below $1,000: Orleans Parish out performed than Louisiana by 31.0
• % Change Cash rent below $1,000: Orleans Parish out performed than US by 37.9
• CAGR Cash rent below $1,000: Orleans Parish out performed than state by 4.4
• CAGR Cash rent below $1,000: Orleans Parish out performed than US by 5.5
• % Change Cash rent above $1,000: Orleans Parish out performed than Louisiana by 4.1
• % Change Cash rent above $1,000: Orleans Parish out performed than US by 63.7
• CAGR Cash rent above $1,000: Orleans Parish out performed than state by 0.4
• CAGR Cash rent above $1,000: Orleans Parish out performed than US by 6.5

County	Orleans Parish
Cash rent below $1,000 2015	58,718
Cash rent below $1,000 2009	42,544
Cash rent below $1,000 % change	38.0
Cash rent below $1,000 change rank compared to US	92
Cash rent below $1,000 change rank compared to Louisiana	2
Cash rent above $1,000 2015	19,225
Cash rent above $1,000 2009	8,955
Cash rent above $1,000 % change	114.7
Cash rent above $1,000 change rank compared to US	897
Cash rent above $1,000 change rank compared to Louisiana	22