Find property management in New Orleans, LA

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We know the best property managers in New Orleans, LA.
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How We Help Find Your Perfect New Orleans, LA Property Manager

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Review listings of top local property managers that fit your criteria
Review listings of top local property managers that fit your criteria
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Discuss your unique needs with the property managers
Discuss your unique needs with the property managers
Specialty # of Agencies
Single House or Condo 2
Apartment Buildings 6
Home Owners Association 4
Total Local Companies 7

The average rent for a 3 bedroom house in New Orleans, LA is $1,268.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Searching for a property management company in New Orleans, Louisiana to manage your rental property, real estate investment, community or association? If so, you have come to the right place. All Property Management is the internet's #1 site helping New Orleans, Louisiana property owners and association or community board members to find property managers that best match their management needs. Click on the "New Orleans, LA Property Management Companies" tab and use the "FREE Quote" button below to contact one of our professional property managers in New Orleans, Louisiana for both commercial and residential properties.

New Orleans, LA Rental Market Overview

Successful property management requires a variety of skills and experience. From managing financials to corresponding with tenants, it takes a lot to make a rental property, portfolio or association run smoothly. A professional property manager can not only take over the day to day tasks of your income-producing property, but also lower costs and streamline systems, making your property more profitable, and easier to manage.

When researching top New Orleans property management companies, it's important to stay current on market trends. For example, average residential market rents range from $795-$1,367. Moreover, there appears to be a current trend supporting consistent growth in population; indeed, the estimated population toward the end of 2008 was 469,605 which is 88.1% of "pre-Katrina" residents, up from 70% in 2005.

Top Single Family Managers

5500 Prytania St
New Orleans, LA 70115

Managing: Single-Family : Multi-Family :
My primary focus is the management and leasing of your rental property I am 100% dedicated to your property.
Free Quote...

10001 Lake Forest Blvd suite 606
New Orleans, LA 70127

Managing: Single-Family : Multi-Family :
Getting the job done with the highest level of service.
Free Quote...

Top Multi-Family Managers

324 S Elm St , Ste 300
Greensboro, NC 27401

Managing: Multi-Family :
Clear and focused on results.
Free Quote...

5500 Prytania St
New Orleans, LA 70115

Managing: Single-Family : Multi-Family :
My primary focus is the management and leasing of your rental property I am 100% dedicated to your property.
Free Quote...

P.O. Box 74675
Baton Rouge, LA 70874

Managing: Multi-Family : Association :
American Property Management Group is a hands on, full service property management company.
Free Quote...

Top Association Managers

P.O. Box 74675
Baton Rouge, LA 70874

Managing: Multi-Family : Association :
American Property Management Group is a hands on, full service property management company.
Free Quote...

5901-C Peachtree Dunwoody Road, Suite 125
Atlanta, GA 30328

Managing: Multi-Family : Association :
We successfully assist our owners and partners in strategic investments by adjusting quickly to market cycles, maximizin...
Free Quote...

3621 Ridgelake Drive , Suite 302
Metairie, LA 70002

Managing: Multi-Family : Association :
It is our goal to optimize the economic value of our clients' investments
Free Quote...

Additional
New Orleans, LA Property Management Companies

800 S. Gay Street , Suite 700
Knoxville, TN 37929

Managing: Association :
We ONLY offer REMOTE and VIRTUAL accounting services to Community Associations.
Free Quote...

NEW ORLEANS, LA

Q1 2015 Rental Ranking Report

Full of rich traditions and culture, there is no U.S. city quite like New Orleans. You'll find its unique Cajun culture reflected in the architecture, music and, of course, its food.

While "NOLA" is a major tourist destination, it's also a large port city. With the Mississippi River to the south, Lake Pontchartrain to the north and Lake Borgne to the east, New Orleans is almost completely surrounded by water. The Port of New Orleans is the sixth largest in the United States, handling 62 million short tons of cargo and 700,000 cruise passengers every year. These industries provide tens of thousands of jobs.

New Orleans's name has sadly become synonymous with the devastating hurricane of 2005, Hurricane Katrina, but it has come back in a big way. Since Hurricane Katrina, NOLA residents' median household incomes have risen 50 percent, according to Bloomberg Business. An astounding number of new hotels, eateries and showrooms have provided the New Orleans economy with thousands of jobs, albeit often low-wage ones.

This may change, however, as New Orleans officials consider ways to diversify its industry. Some of these diversification efforts include tax breaks for computer-related startups, the new University Medical Center (a teaching hospital for Louisiana State University) and Veterans Affairs hospital and the General Electric Technology Center. This economic growth will create additional demand for nearby housing, a fact not lost on the local real estate industry.

Because New Orleans is a major tourist destination, it has seen a proliferation of short-term rentals (which are against city law) that has in turn created a shortage of long-term rentals, thus driving up rents for the latter category of rental housing. In fact, CNN recently placed New Orleans on its list of the worst cities for renters primarily due to the fact that median rents have increased 9 percent since 2009.

Despite the reversal of fortunes New Orleans has experienced in the wake of the destructive Hurricane Katrina, it's one of the worst markets for rental property investors in the U.S. The Q1 2015 Rental Ranking Report found it to be dead last out of the 17 Southeastern U.S. housing markets in terms of attractiveness for real estate investment and 72nd in the U.S. as a whole out of the 75 markets evaluated by the Rental Ranking Reports. The only positive aspect of New Orleans's rental market is its respectable 7.86 percent rental capitalization rate, which was about 10 percent higher than last quarter's national average for that metric.

New Orleans's vacancy rate, median rent appreciation and job growth, three metrics commonly used to gauge demand for rental housing, are all significantly worse than the national averages for those metrics. Rental real estate investors who purchase New Orleans rental properties also need to worry about the sky-high insurance premiums they must pay there that will eat into their profits.

What data is this Rental Ranking Report based on?

To calculate the statistics found in the Q1 2015 Rental Ranking Report, All Property Management gathered data, including the most recent government housing and jobs data, for 75 metros across the United States. Specifically, we looked at home vacancy, capitalization, home value appreciation and job growth rates, changes in rental prices, and the median number of days properties have been on the market to determine which U.S. metros will give investors the highest returns on rental investments. Click here to learn more about the Rental Ranking metrics.

Should I invest in New Orleans rental property?

Unlike Cajun food, the New Orleans rental market is anything but hot. However, New Orleans's respectable rental capitalization rate of almost eight percent indicates that it's an attractive market for those looking to make long-term rental real estate investments.

Thinking about renting out a property in New Orleans? Save time, avoid hassle and maximize your rental income by having a professional property management company operate your rental property for you. Click here to get a free quote from a local property manager or call 877-780-4510 to have the All Property Management staff get quotes for you.

All Property Management specializes in connecting rental property owners with professional property managers in communities across the United States. These property managers help set rental rates, advertise properties, screen and manage tenants, collect rent, manage vendor relationships and ensure compliance with local, state and federal housing regulations. They take the hassle and worry out of managing rental properties - all while maximizing rental property owners' rental incomes.