New Orleans, LA HUD Homes for Sale
New Orleans is the most populous city in the state of Louisiana. It is a consolidated city-parish located along the Mississippi River. New Orleans is world-renowned for its distinct music, Creole cuisine, unique accent, and its annual celebrations and festivals, most notable Mardi Gras.The city is known for stylish boutique, cocktail hours, bar scenes, neighborhood restaurants, live music, concerts and bands, antique and vintage shops, cafes, coffee bars, and ethnic foods.
For a city like New Orleans, with its 391,249 residents, HUD homes are an increasingly viable option for those trying to move into a new home but may be feeling squeezed out of the current housing market. HUD homes are owned by the US Department of Housing and Urban Development and present a greater range of financing options than traditional homebuying paths. With a median household income of $43,258 and a median home value of $250,000, HUD homes in New Orleans aren't just a way to get into a housing market that is already experiencing shortages, they may just be the ideal way for you. To learn more about our current HUD homes in New Orleans, LA, register today! The perfect home could be waiting for you.
More New Orleans, LA Property Resources
HUD Homes in Cities Near New Orleans, LA
- Ama
- Arabi
- Avondale
- Barataria
- Belle Chasse
- Braithwaite
- Bridge City
- Chalmette
- Delacroix
- Eden Isle
- Elmwood
- Estelle
- Gretna
- Harahan
- Harvey
- Jean Lafitte
- Jefferson
- Kenner
- Lacombe
- Lafitte
- Luling
- Marrero
- Meraux
- Metairie
- New Orleans
- New Orleans Station
- Poydras
- River Ridge
- Saint Bernard
- Slidell
- St. Rose
- Terrytown
- Timberlane
- Violet
- Waggaman
- Westwego
- Woodmere
Neighborhoods in New Orleans, LA
Desire Development Neighborhood hud homes for sale St. Claude hud homes for sale Florida Development Neighborhood hud homes for sale Florida Area hud homes for sale Bywater hud homes for sale Lower Ninth Ward hud homes for sale Holy Cross hud homes for sale Marigny hud homes for sale St. Roch hud homes for sale Seventh Ward hud homes for saleBuying a Home in New Orleans, LA
Discover and understand more about what you can expect for New Orleans, LA in terms of weather, education levels, income levels and more to get a better feel for the city.
Current New Orleans population
New Orleans, LA currently has a population of 391,249 which means it is a large city with lots to do for every size family and household. Take advantage of the wide variety of restaurants, sites and variety of outside activities for families of all sizes.
Typical Rent Asked in New Orleans, LA
Median Home Price in New Orleans, LA
Households by Income in New Orleans, LA
Top Reasons to Buy a HUD Home in New Orleans
New Orleans Housing statistics According to the US News the average cost to buy a home in New Orleans is approximately $184,000, which is lower than the national average. Although, in recent years the home prices have increased, due to the lack of housing. There are many affordable options for those who are looking to rent instead of buying a home in New Orleans. The monthly cost to rent is slightly below the national average. The cost of buying and renting a home in New Orleans varies greatly depending on the neighborhood. To buy a home in Lake Terrace and Oaks, Lake Shore-Lake Vista, and City Park cost 4-5 times as much as a home in West Lake Forest, Plum Orchard and Gentilly Woods. The cost of living in New Orleans is roughly the same as the national average.
Living in New Orleans The city has many visitor attractions, from the world-renowned French Quarter, with popular hotels, bars and nightclubs, St. Louis Cathedral, the French Market; to St. Charles Avenue, home of Tulane and Loyola Universities, the historic Pontchartrain Hotel, and many 19th-century mansions; to Magazine Street with its boutique stores and antique shops.
The New Orleans area is home to numerous annual celebrations, most notable Mardi Gras. It is celebrated for two weeks, usually with one major parade each day, many days have several large parades. In the final week of Mardi Gras, many events occur including parades and balls.
New Orleans is world-famous for its food, the cuisine is distinctive and influential. New Orleans food combined local Creole, haute Creole and New Orleans French cuisines. Local ingredients, French, Spanish, Italian, African, Native American, Cajun, Chinese and a hint of Cuban traditions combine to produce a unique and easily recognizable New Orleans flavor.
Transportation and commutes in New Orleans Almost all working New Orleans residents commute by driving alone, or commute via carpool. The New Orleans Regional Transit Authority (RTA) provides public transit in the city, they operate a bus system and streetcars. The city has the Canal Street Ferry, which connects downtown New Orleans at the foot of Canal Street with the National Historic Landmark District of Algiers Point across the Mississippi. The city's flat landscape, simple street grid and mild winters facilitate bicycle ridership.
Amtrak serves the city providing it with railroad service, it has 3 lines operating to and from the city. The Crescent, operating between New Orleans and New York City. The City of New Orleans, operating between New Orleans and Chicago. The Sunset Limited, operating between New Orleans and Los Angeles.
Louis Armstrong New Orleans International Airport (MSY) is the main and largest airport in the area. The airport provides many flights to domestic destinations in the entire country, some destinations only have seasonal flights. It also provides flights to international destinations including Canada, the Dominican Republic, Mexico, Panama, the United Kingdom, and Germany.