Let the numbers do the talking.
New Orleans, LA 70116 vs New Orleans, LA 70118
| Category | New Orleans, LA 70116 | New Orleans, LA 70118 |
|---|---|---|
| Housing | ||
| Verdict | Think twice | Think twice |
| Median Price | $392K ✓ Lower price | $425K |
| Median Rent | $1K ✓ Lower rent | $1K |
| Median Income | $43K | $61K ✓ Higher income |
| Price Volatility | Moderate ✓ More stable | High |
| Getting Around | ||
| Walk Score | 61/100 | 62/100 ✓ More walkable |
| Transit Score | 33/100 | 35/100 ✓ Better transit |
| Bike Score | 76/100 ✓ More bikeable | N/A |
| Commute | 20 min | 15 min ✓ Shorter commute |
| Safety & Environment | ||
| Safety Grade | F | D+ ✓ Safer |
| Violent Crime | High | Moderate ✓ Lower risk |
| Property Crime | Moderate | Moderate |
| Flood Risk | Low | Low |
| Air Quality | Moderate | Good ✓ Cleaner air |
| Community | ||
| Schools | 6.9/10 | 7/10 ✓ Better schools |
| Best for | Culture loversNightlife seekersRemote workers | Young professionals looking for nightlifePeople who want riverfront viewsThose who drive and need a short commute to downtown |
Bottom line
Both Lakefront and another neighborhood in New Orleans share similar concerns with affordability and safety, but if you prioritize riverfront views and a shorter commute, Lakefront might be a slightly better choice. However, if you prefer a more lively cultural scene and don't mind the increased commute, the other area might be more suitable. Ultimately, both neighborhoods are high-risk, high-reward options that require careful consideration.
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