N Broad St / Orleans Ave median real estate price is $201,416, which is more expensive than 80.1% of the neighborhoods in Louisiana and 53.6% of the neighborhoods in the U.S.
The average rental price in N Broad St / Orleans Ave is currently $1,073, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.5% of the neighborhoods in Louisiana.
N Broad St / Orleans Ave is an urban neighborhood (based on population density) located in New Orleans, Louisiana.
N Broad St / Orleans Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N Broad St / Orleans Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in N Broad St / Orleans Ave. The current real estate vacancy rate here is 26.9%. This is higher than the rate of vacancies in 92.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.