Is Algiers, Louisiana Good for Airbnb Investment?

To start an Airbnb in Algiers, Louisiana, begin by researching local regulations through the Orleans Parish Planning Commission and City of New Orleans, as Algiers falls under New Orleans jurisdiction, where short-term rentals require a Conditional Use Permit (CUP) costing approximately $1,847 plus fees, with properties needing to be owner-occupied or meet specific zoning requirements in residential areas. Obtain necessary permits including the CUP, occupational license ($50-150 annually), and fire safety inspection from New Orleans Fire Department, while ensuring compliance with the 90-day annual rental limit for non-owner occupied properties in residential zones. Find a suitable property in Algiers considering proximity to the French Quarter ferry, Algiers Point historic district, or near the West Bank Expressway for easy access, with typical purchase prices ranging $150,000-400,000 depending on location and condition. Furnish the property with essential amenities including comfortable bedding, kitchen appliances, WiFi, air conditioning (crucial for Louisiana climate), and local touches highlighting Algiers' history and proximity to New Orleans attractions. List your property on Airbnb, VRBO, and other platforms with professional photos showcasing views of the Mississippi River or French Quarter skyline if applicable, competitive pricing around $80-200 per night depending on size and location, and detailed descriptions emphasizing the ferry access to downtown New Orleans. Manage the property by establishing cleaning protocols between guests, maintaining responsive communication, coordinating key exchanges or lockbox systems, and ensuring compliance with ongoing city inspections and tax obligations including Louisiana state sales tax and New Orleans short-term rental taxes.

To identify profitable short-term rental properties in Algiers, Louisiana, focus on locations within walking distance of the French Quarter ferry terminal, properties with river views or historic charm, and areas near popular attractions like the Algiers Point Historic District. Target 2-3 bedroom properties built before 1950 with original architectural features, outdoor spaces, and parking, as these command premium rates of $150-250 per night compared to $80-120 for standard units. Conduct pricing analysis using AirDNA and Mashvisor to track seasonal demand patterns, with peak rates during Mardi Gras (February-March) and Jazz Fest (April-May) when properties can earn $300-500 nightly. Research competition by analyzing similar properties within a 1-mile radius, focusing on occupancy rates above 70% and average daily rates, while monitoring new STR permits through Orleans Parish records. Utilize tools like Rabbu for New Orleans market analytics, STR Helper for performance tracking, and the City of New Orleans STR permit database to ensure compliance, while partnering with local property management companies like RedAwning or AvantStay who understand Algiers' unique position as an affordable alternative to French Quarter accommodations with easy ferry access.

To obtain an Airbnb/STR permit in Algiers, Louisiana, you must apply through the City of New Orleans Department of Safety and Permits since Algiers is part of New Orleans, submitting your application online via the city's OneStop portal or in person at 1340 Poydras Street, Suite 136. Required documents include a completed short-term rental permit application, proof of property ownership or lease agreement with landlord consent, certificate of occupancy, fire safety inspection certificate, liability insurance policy of at least $500,000, floor plan showing maximum occupancy, contact information for a local responsible party within 60 miles, and payment of the $150 annual permit fee plus a $25 processing fee. The timeline typically takes 30-45 days for approval after submitting a complete application, though inspections may extend this period. Specific Algiers requirements include compliance with the West Bank zoning regulations, maintaining a maximum occupancy of two guests per bedroom plus two additional guests, ensuring adequate off-street parking for guests, posting the permit number visibly on the property, keeping a guest registry for city inspection, and adhering to the 90-day annual rental limit for non-owner occupied properties, while owner-occupied properties have no day restrictions but must maintain primary residence status.

Short-term rentals (STRs) are legal in Algiers, Louisiana, but operate under New Orleans city regulations since Algiers is part of Orleans Parish. As of 2022-2023, the city requires STR operators to obtain proper permits and licenses, including a conditional use permit for residential areas, and comply with occupancy limits, parking requirements, and noise ordinances. STRs are prohibited in certain residential zones and historic districts without special approval, and operators must register with the city, pay occupancy taxes, and maintain liability insurance. Recent changes have included stricter enforcement of existing regulations and increased permit fees, with the city conducting regular inspections to ensure compliance with safety and zoning requirements, while some neighborhood associations in Algiers have pushed for additional restrictions on STR density in residential areas.

The best Airbnb investment areas in Algiers, Louisiana include the Historic Algiers Point district, which offers stunning views of the French Quarter across the Mississippi River and attracts tourists seeking a quieter alternative to downtown New Orleans while remaining easily accessible via the free Algiers Ferry. The Algiers Point area benefits from its walkable historic charm, proximity to major New Orleans attractions, and growing popularity among visitors who want authentic local experiences. The McDonogh neighborhood presents opportunities for investors targeting longer-term stays and business travelers due to its residential character and proximity to the West Bank business corridor. Areas near the Algiers Courthouse and Government Complex attract legal professionals and government workers requiring temporary housing. The neighborhoods around the Naval Air Station Joint Reserve Base appeal to military families and contractors needing extended stays. Properties near the Crescent City Connection bridge offer convenient access to both downtown New Orleans and West Bank employment centers, making them attractive to business travelers and tourists who prefer driving to their destinations rather than relying solely on public transportation.

In Algiers, Louisiana, Airbnb properties are subject to multiple lodging taxes including the Louisiana state sales tax of 4.45%, Orleans Parish hotel occupancy tax of 13% (since Algiers is part of Orleans Parish), and the New Orleans tourism marketing district tax of 1%, totaling approximately 18.45% in combined taxes on short-term rental stays. These taxes are typically collected by Airbnb directly from guests at the time of booking and remitted to the appropriate tax authorities on behalf of hosts, though individual hosts remain responsible for ensuring compliance and may need to register with the Louisiana Department of Revenue and Orleans Parish for tax collection purposes. The state requires quarterly remittance of sales taxes, while local occupancy taxes are generally remitted monthly, with returns due by the 20th of the following month. Exemptions may apply for stays exceeding 30 consecutive days, government employees on official business, and certain nonprofit organizations, though documentation is required to qualify for these exemptions, and hosts should verify current rates and requirements as tax obligations can change frequently at both state and local levels.

To start an Airbnb in Algiers, Louisiana, the total costs would be approximately $285,000-$315,000. Property purchase represents the largest expense at $200,000-$220,000 based on median home prices in the area as of 2023-2024. Furnishing costs typically range $15,000-$25,000 for a complete 2-3 bedroom setup including furniture, appliances, linens, and decor to create an attractive rental space. Initial setup costs including professional photography, listing creation, and basic renovations average $3,000-$5,000. Permits and fees in Orleans Parish include short-term rental permits ($150 annually), business licenses ($75), and potential zoning compliance costs totaling $1,500-$3,000 initially. Insurance for short-term rentals runs $2,000-$3,500 annually, significantly higher than standard homeowner's insurance. Utilities including electricity, water, internet, cable, and trash service average $300-$400 monthly or $1,800-$2,400 for six months. First six months operating costs encompass utilities, Airbnb service fees (3% host fee), cleaning services between guests ($75-$100 per turnover), maintenance reserves, marketing, and property management if outsourced, totaling approximately $8,000-$12,000. Additional considerations include potential HOA fees, property taxes, and emergency repair funds that could add $5,000-$10,000 to initial capital requirements.

Airbnb properties in Algiers, Louisiana typically generate annual revenues between $15,000-$35,000 for entire homes, with average daily rates ranging from $80-$150 depending on proximity to the French Quarter and property amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($30-50 per turnover), property management (15-25%), utilities ($150-300 monthly), insurance ($1,200-2,000 annually), and maintenance costs. Properties within 2-3 miles of downtown New Orleans command premium rates, with some Victorian-style homes near the Algiers Point ferry achieving occupancy rates of 65-75% and net profit margins of 25-35%. Success factors include strategic location near public transportation to the French Quarter, professional photography, responsive guest communication, and competitive pricing during peak seasons like Mardi Gras and Jazz Fest when rates can triple. A typical 3-bedroom Creole cottage purchased for $180,000 in 2019 and generating $28,000 annually in Airbnb revenue with $16,000 in expenses would yield approximately $12,000 net profit, representing a 6.7% return on investment before considering property appreciation, though recent increases in short-term rental regulations and competition have compressed margins by an estimated 10-15% since 2022.

Airbnb investments in Algiers, Louisiana typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14%, driven by the area's proximity to New Orleans and lower property acquisition costs compared to the French Quarter. Properties in Algiers generally achieve profitability within 18-24 months, with average daily rates of $85-120 and occupancy rates of 65-75% annually. The market benefits from consistent tourism spillover from New Orleans, particularly during Mardi Gras and Jazz Fest seasons when rates can increase 200-300%, while renovation costs for typical properties range $15,000-35,000 to meet short-term rental standards. Investment properties averaging $150,000-250,000 can generate monthly gross revenues of $2,500-4,200, with net operating margins of 35-45% after accounting for cleaning, maintenance, insurance, and platform fees.

STRSearch is a national platform that helps investors identify profitable short-term rental properties in Algiers, Louisiana, by providing market data and investment analysis tools. Local real estate agents specializing in Airbnb investments in the Greater New Orleans area include Keller Williams Realty New Orleans agents who focus on investment properties, and RE/MAX agents with vacation rental expertise. BiggerPockets, founded in 2004, offers networking and educational resources for real estate investors targeting short-term rentals. Awning, established in 2017, provides market analysis and property management services for Airbnb investors nationwide including Louisiana markets. Local property management companies like HostGPO and RedAwning offer turnkey Airbnb setup and management services in the New Orleans metropolitan area. AirDNA provides comprehensive market data and analytics for short-term rental investments in Algiers and surrounding parishes. Roofstock, launched in 2015, occasionally features turnkey rental properties in Louisiana markets. Local investment groups and meetups through organizations like the Real Estate Investment Association of New Orleans connect investors with agents and service providers specializing in vacation rental properties across Jefferson Parish and the West Bank area where Algiers is located.