The case
The tourism heart of the city with year-round demand from Mardi Gras, Jazz Fest, and a packed events calendar, historically commanding premium nightly rates.
A moratorium now blocks new whole-home STR permits here, so verify what's legally possible before assuming any nightly-rate strategy; STR licensing requires $1M liability coverage and inspections. Insurance and flood costs are high. Underwrite net, not gross.
Best for
Short-term-rental investors who can secure a compliant permit and want the region's strongest tourism demand.
Buy-box fit
2 entriesasset type
Condo
StrongPreferred buy box