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Louisiana
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VACANCY
Apartment
The average Vacancy Rate was 3.5% in the New Orleans metro
- The New Orleans metro had the lowest vacancy in the Southwest region, sixth lowest in the nation.
- Vacancy in the New Orleans metro drifted downward by 20 basis points.
- The New Orleans metro had the lowest vacancy level since Q3 2022.
Office
The average Vacancy Rate was 18.6% in the New Orleans metro
Retail
The average Vacancy Rate was 15.9% in the New Orleans metro
- Vacancy in the New Orleans metro increased by 50 basis points.
- The New Orleans metro was among the 10 highest vacancies nationally.