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Evaluating price ranges in New Orleans: Central Business District

New Orleans’s 2nd most expensive neighborhood

The average price per square foot for homes in the CBD is $444.
Photos courtesy of Elizabeth McNulty

Our friends at NeighborhoodX have plenty of fun analyzing house prices in New Orleans. In fact, for the past two months, the analytics and research firm evaluated 13 New Orleans neighborhoods in depth and released a global analysis of fifteen popular neighborhoods in the city.

Today, NeighborhoodX assessed the Central Business District, which is the second most expensive neighborhood in New Orleans at $444 per square foot.

Rita Rans/Latter & Blum

700 Commerce Street #115

The least expensive home for sale in the Central Business District is this modest condominium located at 700 Commerce Street. Priced at $302 per square foot, the 1,041-square foot home has two bedrooms and 1.5 bathrooms. The home is three blocks from Convention Center Boulevard and two blocks from Poydras Street. Highlights includes a fully-furnished kitchen with appliances and granite countertops and its shared rooftop access. HOA dues are $302/month.

Shaun Talbot/Talbot Realty Group

625 St. Charles Avenue Penthouse B

Listed on Curbed NOLA’s 10 most expensive condos in the city, this penthouse located at 625 St. Charles Avenue is the neighborhoods most expensive. Listed for $805 per square foot, this penthouse has two bedrooms and 2.5 bathrooms. One of its most outstanding attributes is its 682 square foot private terrace that overlooks Lafayette Square. HOA dues are $2,230/month.

The Central Business District is bounded by the Lower Garden District, Tulane and Gravier Neighborhood, Iberville, French Quarter, and the Mississippi River.

To look at other properties in the Central Business District, check out the interactive graph below. Click on any particular address to learn more about the listing.