Central Business District
Shopping and dining along Canal Street
Within walking distance or a quick cab ride away, residents of CBD have access to fine dining, high-end boutiques, nightlife and a myriad of retail stores and other businesses. The neighborhood's iconic Canal Street is known for its red streetcars that take tourists and residents alike along CBD's main thoroughfare. For those cooking at home, groceries are just a few blocks away at Rouses Market. Or, when in the mood to eat out, residents have some of the most recognizable and finest dining options in the Big Easy right out their front door. Mother’s Restaurant has been serving customers for more than 80 years. Close to the waterfront, this family-owned restaurant has politicians and celebrities dining beside longshoremen and locals. For some of their most popular dishes, try the Famous Ferdi Special and the Debris po-boys. Pho Tau Bay is another local landmark. With roots in the Algiers flea market, this family-owned Vietnamese restaurant specializes in authentic pho, Vietnamese noodle soup. Some celebrity fans of Pho Tau Bay include Emeril Lagasse, John Besh and the late Anthony Bourdain.
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Historic townhomes and recently renovated condos in the CBD
With an average sales price of almost $600,000, homes in CBD are about $150,000 more expensive than the national average. Highly in demand for what Knudsen calls "real city living," residents enjoy a metropolitan lifestyle living here, often being close to work and the main attractions of the area. Homes here are often classically built townhomes or condos converted from historic business buildings. Surrounded by tall apartment and office buildings, these condos are especially popular with young professionals for their relative affordability. Mixing history and modernity with recent renovations and "modernistic designs on the inside," condos in CBD sell from the high $200,000s to just over $300,000. While many of the original homes in CBD were destroyed in the 1960s, demolition stopped in the 1970s, and many formerly commercial properties have been converted into single- or multifamily homes. American Townhouse — narrow, three-story homes made of brick or stucco- as well as Greek Revival and Italianate Center Hall Cottages are the most common style of homes in the area, but "they don't often come on the market and are highly valued for their location and construction," says Knudsen. These exclusive New Orleans homes can sell anywhere from one to three million and offer up to 3,000 square feet.Getting outdoors in downtown New Orleans
To see some green space, residents can head to Woldenberg Park for great views of the Mississippi River, 16 acres of grassy fields and paved trails to enjoy walking or jogging along.Another popular local spot is Duncan Plaza, a small oasis in the middle of downtown featuring winding paths, landscaped trees and a pavilion for people to gather. While walking through the park's green space, visitors can take in views of the city's historic monuments and buildings.
Lafayette Square is another small, two-and-a-half-acre park that is surrounded by office buildings and bordering Poydras Street. This pocket park is a great place to catch a concert series, see inaugurations and weddings or watch the annual Mardi Gras parade.
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Famous options for entertainment just a walk away
At the heart of the Crescent City, there are plenty of options for entertainment nearby. Along Canal Street, residents can find famous venues like The Orpheum Theater. First built in 1918 as a vaudeville theater, this spacious theater with an opulent interior showcases films and concerts such as performances by the Louisiana Philharmonic Orchestra and balls celebrating Mardi Gras. Also along Canal Street, Harrah’s Casino offers 115,000 square feet of gaming space as well as options for shopping and nightlife.When in the mood for sports- or just a party- residents can head to the Caesars Superdome to watch an NFL game in the New Orleans Saints' home stadium or see the Pelicans play basketball at the Smoothie King Center.
The Audubon Aquarium is also close by with extensive exhibits of marine and insect life. Residents can stop by the aquarium to see reefs and sharks up close by walking through an underwater tunnel that passes through a 400,000-gallon tank.
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Finding your way in the Big Easy
Residents of CBD are fortunate to have a well-developed public transit system. City busses, as well as Canal Street's classic red streetcars, circulate the neighborhood's main arteries, while wide, paved sidewalks make for easy walking throughout the area. Whether heading to work or admiring the neighborhood's local murals, architecture and public art, walking and biking are popular and practical choices. Residents can also find bike-share programs like Blue Bikes, which offers transportation for affordable prices.University Medical Center New Orleans is the closest major hospital to CBD and is just a few blocks northeast of the neighborhood across Interstate 10. The closest airport, New Orleans Lakefront Airport, is about ten miles north along Interstate 10. Residents also benefit from having convenient access to several major highways like the Lake Causeway or Highway 90 if they are heading to Lafayette or Mobile, Alabama. Baton Rouge is also about 90 miles away along Interstate 10.
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Charter schools improving New Orleans community
Thanks to New Orleans charter schools, educational options are also accessible. Students in pre-K to eighth grade can attend schools like Homer A. Plessy Community School, which is rated as the second-best Standout Elementary School in the New Orleans Area and receives a rating of A-minus from the educational review site, Niche. Older students in the area can attend schools such as International High School of New Orleans, which receives a rating of C-plus from Niche and boasts relatively low student-teacher ratios of 11:1. International High aims to educate and nurture a diverse learning community by hosting programs such as the International Baccalaureate Programme, world languages and intercultural appreciation.
Written By
K.T. Phillips
Photography Contributed By
Andrew Williams
Video By
Michael Voyack
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Agents Specializing in this Area
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Brittany Picolo Ramos
Brittany Picolo Ramos
Keller Williams Realty New Orleans
(504) 294-8318
289 Total Sales
1 in Central Business District
$305,000 Price
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Josh Raymond
Josh Raymond
Raymond Real Estate LLC
(504) 553-3963
43 Total Sales
1 in Central Business District
$243,000 Price
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Aimeé (Amay) Curole
Aimeé (Amay) Curole
23 Realty, LLC
(504) 226-5286
132 Total Sales
1 in Central Business District
$523,000 Price
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Bonnie LaNasa
Bonnie LaNasa
Realty One Group Immobilia
(504) 285-5996
35 Total Sales
1 in Central Business District
$347,500 Price
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LINDSEY WALKER
LINDSEY WALKER
Snap Realty
(504) 499-0960
61 Total Sales
3 in Central Business District
$320K - $469K Price Range
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Michelle LaBanca
Michelle LaBanca
LATTER & BLUM (LATT09)
(504) 399-1641
38 Total Sales
1 in Central Business District
$385,000 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Charter
- Pre-K to 7th
- Charter
- Pre-K to 12th
- Private
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Musical Legends Park
Woldenberg Park
- Bike Trails
- Trails
- Events
Jean Lafitte National Historical Park and Preserve
- Trails
- Hiking
Lafayette Square
- Trails
- Events
Duncan Plaza
- Dog Park
- Picnic Area
- Trails
Marais Playground
- Playground
Transit
Airport
Louis Armstrong New Orleans International
22 min drive
Subway
Carondelet And Canal
Subway
Canal And Rampart
Subway
Canal And Chartres/Camp
Subway
Canal And Bourbon/Carondelet
Subway
Canal And Dauphine/Baronne
Subway
Canal And Basin/Elk
Subway
Canal And Marais/Lasalle
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Central Business District | US |
|---|---|---|
| Homicide | 6 | 4 |
| Sexual Assault | 6 | 4 |
| Assault with Weapon | 7 | 4 |
| Robbery | 8 | 4 |
| Burglary | 10 | 4 |
| Motor Vehicle Theft | 10 | 4 |
| Larceny | 10 | 4 |
| Crime Score | 9 | 4 |
Source: WhatIsMyCrimeRisk.com
Central Business District Demographics and Home Trends
On average, homes in Central Business District, New Orleans sell after 17 days on the market compared to the national average of 70 days. The median sale price for homes in Central Business District, New Orleans over the last 12 months is $700,000.
Housing Trends
Median List Price
$747,500
Median Sale Price
$700,000
Median Single Family Sale Price
$700,000
Median Change From 1st List Price
9%
Last 12 months Home Sales
56
Average Price Per Sq Ft
$406
Neighborhood Facts
Number of Homes in Neighborhood
416
Number of Homes for Sale
0
Median Year Built
2016
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,001
Significantly below the national average
1,924
Average 2 Bedroom Size Sq Ft
1,544
Average 1 Bedroom Size Sq Ft
872
Median Lot Size Sq Ft
4,791
Distribution of Home Values
Homes for Sale
Homes for Rent
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
3,400
Median Age
39
Population Density
13 ppl/acre
Population under 18
12.1%
Below the national average
23.8%
Population over 65
16.6%
On par with the national average
19.1%
Finances
Median Household Income
$44,594
Significantly below the national average
$71,702
Average Household Income
$65,163
Education and Workforce
High School Graduates
94.7%
College Graduates
53.6%
Above the national average
34.1%
Advanced Degrees
21.3%
Above the national average
13.3%
% Population in Labor Force
59.6%
Weather
Annual Precipitation
67''
Average Winter Low Temperature
46°F
Average Summer High Temperature
93°F
Annual Snowfall
0''
Area Factors
Biker's Paradise
Bike Score®
91
/ 100
Walker's Paradise
Walk Score®
95
/ 100
Excellent Transit
Transit Score®
85
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Warehouse District
Live, work and play without leaving the neighborhood
Iberville
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Treme-Lafitte
Historic stretch of parks and cottages is the wellspring of Big Easy culture
French Quarter
New Orleans' oldest and most famous neighborhood
Tulane-Gravier
Up-and-coming neighborhood in the heart of New Orleans
Algiers Point
An artistic community of colorful homes and shops
Reviews
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