What is the rental yield in Central City Historic District, New Orleans, Louisiana?

Central City Historic District, New Orleans, Louisiana has a gross yield of 7.9. Prices are about 21% above New Orleans and 35% above Louisiana, while the Red Flag score is 54. Over the past year, prices were up 36.9%, which is a notable recent increase.

How does Central City Historic District compare to New Orleans, Louisiana?

Central City Historic District, New Orleans, Louisiana is priced about 21% above New Orleans and has a gross yield of 7.9. Over the past year, prices were up 36.9%. It also has walkability of 89 and education in the 8th percentile, so the market profile is strongly differentiated.

What are the main risks in Central City Historic District, New Orleans, Louisiana?

Central City Historic District, New Orleans, Louisiana has a Red Flag score of 54, which is a moderate risk reading. The neighborhood also shows education in the 8th percentile and prices that were up 36.9% over the past year. Those figures suggest a market with both momentum and risk.

Neighborhood

Central City Historic District

New Orleans, Louisiana US

Central City Historic District, New Orleans, Louisiana is a high-yield neighborhood with a gross yield of 7.9 and prices about 21% above New Orleans and 35% above Louisiana. Over the past year, prices were up 36.9%. It has a Red Flag score of 54, walkability of 89, and education in the 8th percentile. The main strength is the strong yield and price momentum; the main risk is the elevated Red Flag score.

AI Summary•Updated May 2026

Area

1.37 mi²

ZIP Code

70113

County

Orleans Parish

State

Louisiana

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$267,421

YoY+36.9%

Gross Rental Yield

7.8%

Listed rent · ZORI annualized

Red Flag Index

Moderate

54 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

8 / 100

Limited · better than 8% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

Central City Historic District Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Central City Historic District, New Orleans.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$267,421	+36.9%
Price / Sq Ft (Verified)	$196/sqft	+0.7%
Asking Rent (Median)	$1,748/mo	+10.0%
Gross Rental Yield	7.8%	—
Liquidity Score	11 / 100	Low
Homes Sold (Period)	12	-14.3%

Is Central City Historic District Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Louisiana crime context.

Red Flag Breakdown

54 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Hurricane100Very High

Heat60High

Hail60High

Wildfire20Low

Earthquake20Low

Tornado20Low

Strong Wind20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Louisiana averaged 28.2 crimes and 5.2 violent per 1,000 residents (-10.8% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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What Stands Out AI Insight

Above-average gross rental yield at 7.8%

Appreciating market — +36.9% sale-price YoY

Highly walkable neighborhood — score 89/100

Dense amenities — 37 dining & 5 grocery options nearby

Flood risk is Very High (100/100)

Hurricane risk is Very High (100/100)

Insights are generated from Central City Historic District's live DistrictScore metrics.

Central City Historic District Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Louisiana-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.4 µg/m³ Meets EPA, above WHO guideline+25.7% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Central City Historic District centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 63% of U.S. neighborhoods.

Louisiana Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	28.2	5.2	-10.8%
2023	31.6	5.6	-6.9%
2022	34.0	6.4	+5.7%
2021	31.9	6.6	-9.8%
2020	35.2	6.4	-6.2%
2019	37.5	5.6	—

Reported at the state level — the finest official US crime aggregation; Central City Historic District inherits the Louisiana figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Central City Historic District

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor6 nearbyVery High

Point-source screening near Central City Historic District: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Central City Historic District

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

89

Very Walkable

Walkability Score

5

Grocery

37

Dining

21

Schools

0

Universities

1

Hospitals

1

Pharmacies

11

Parks

31

Rail Transit

0

Coworking

POI counts are amenities within Central City Historic District's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Central City Historic District vs New Orleans vs Louisiana

How Central City Historic District benchmarks against its city and state medians.

Benchmark vs City & State

Across Central City Historic District, the median sale price sits about 21% above the median for New Orleans neighborhoods and about 35% above the statewide median. Gross rental yield is 7.9%, against 7.0% for New Orleans neighborhoods and 5.9% statewide. Over the past 12 months, prices rose 36.9%. Transaction liquidity sits below the median for New Orleans neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Central City Historic District	$196/sqft	7.9%	11
New Orleans	$162/sqft	7.0%	28
Louisiana	$145/sqft	5.9%	31

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Buying Property in the US as a Foreigner

Federal & Louisiana tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.56% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 3.0%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: none statewide (local tax may apply).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Louisiana property-tax guidance for foreign buyers

Central City Historic District Real Estate FAQ

Central City Historic District, New Orleans, Louisiana has a gross yield of 7.9 and prices about 21% above New Orleans and 35% above Louisiana. Over the past year, prices were up 36.9%, and the Red Flag score is 54. That makes it a higher-income, higher-momentum profile with moderate risk.

Neighborhoods near Central City Historic District

Compare Central City Historic District with nearby neighborhoods in New Orleans.

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