[ad_1]
Priced Out is Gambit’s new semi-regular feature covering the state of the New Orleans rental market.
hey in the market (And we mean very little) Do you live in the French Quarter? This 1 bedroom, 1 bathroom oasis at 1119 Dauphin Street is waiting to be yours if you can afford it.
Zillow says it’s a compact 413 square feet and is available for $3,500 a month (plus a $3,500 security deposit).
Built in 1850, this quaint French Quarter residence features hardwood floors and beige walls. But that’s not all. The apartment is fully furnished and features an assortment of late 1980s Estate He sale pieces, all in varying shades of brown, tan, and brown and tan.
Other amenities include wall-mounted air conditioning, clunky TVs, and access to communal laundromat facilities.
Baby, can you change the channel?
Unfortunately pets are not allowed and there is no parking.
Zillow recommends considering this apartment only if you’re making $126,000 a year. $3,500 per month for the unit means spending about $42,000. That puts the average New Orleans household to her just over $4,900 for all other expenses, or a month’s Entergy bill.
Over the past decade, New Orleans rents have skyrocketed. This skyrocketing rental price has created a housing shortage in New Orleans. New Orleans already has a high homeless rate and faces government neglect. One of the main causes of price increases in the New Orleans rental market is due to an influx of short-term rentals (STRs), primarily on his VRBO and his websites such as Airbnb.
In fact it is fully furnished.
[ad_2]
Source link
