Is Algiers Point, Louisiana Good for Airbnb Investment?

To start an Airbnb in Algiers Point, Louisiana, begin by researching local regulations through Jefferson Parish and New Orleans city offices, as Algiers Point falls under New Orleans jurisdiction and requires a short-term rental permit which costs approximately $150-300 annually and mandates safety inspections, occupancy limits, and neighbor notification requirements. Obtain necessary permits including the STR permit, business license ($50-100), and ensure compliance with zoning laws that may restrict rentals in certain residential areas. Find a suitable property by purchasing or leasing in neighborhoods like Algiers Point Historic District, considering proximity to the French Quarter ferry and walkability, with average property costs ranging $200,000-400,000 for purchase or $1,200-2,500 monthly for lease. Furnish the space with quality basics including comfortable bedding, kitchen essentials, WiFi, air conditioning (crucial for Louisiana climate), and local touches like New Orleans artwork, budgeting $5,000-15,000 for complete furnishing. List your property on Airbnb and VRBO platforms with professional photography highlighting the historic charm and river views, setting competitive rates of $80-200 per night based on seasonality and events like Mardi Gras or Jazz Fest. Manage the property by establishing cleaning protocols between guests ($30-50 per turnover), responding promptly to inquiries, coordinating key exchanges or installing smart locks, maintaining the property regularly due to humidity and weather conditions, and building relationships with local cleaning services and maintenance contractors while staying compliant with New Orleans' evolving STR regulations and tax requirements including 13% combined city and state occupancy taxes.

To identify profitable short-term rental properties in Algiers Point, Louisiana, focus on properties within walking distance of the ferry terminal that connects to the French Quarter, as proximity to this transportation hub significantly increases guest appeal and occupancy rates. Target historic homes or properties with unique architectural features like Creole cottages or Victorian-era houses that offer 2-3 bedrooms, outdoor spaces, and parking, as these command premium rates of $150-250 per night compared to standard properties at $80-120. Conduct pricing analysis using AirDNA and Mashvisor to evaluate average daily rates and occupancy percentages, which typically range from 60-75% in this market, while researching competition through Airbnb and VRBO to identify gaps in amenities or property types. Focus on the Holy Cross and Old Algiers neighborhoods for their walkability scores and historic charm, avoiding areas too far from the ferry or main attractions. Utilize STR Helper and Rabbu for market analysis, consult with local property management companies like RedAwning or Vacasa for operational insights, and leverage the New Orleans tourism data showing 18+ million annual visitors to project demand, ensuring properties meet city licensing requirements and HOA restrictions before purchase.

To obtain an Airbnb/STR permit in Algiers Point, Louisiana, you must first apply through the City of New Orleans Department of Safety and Permits since Algiers Point is part of New Orleans. Submit your application online through the city's permit portal or visit the Department of Safety and Permits office at 1340 Poydras Street. Required documents include a completed short-term rental application, proof of property ownership or lease agreement, certificate of occupancy, fire safety inspection certificate, liability insurance policy ($500,000 minimum), floor plan showing maximum occupancy, contact information for a local representative within 25 miles, and payment of applicable fees. The application fee is approximately $150 with an annual renewal fee of $100, plus inspection fees ranging from $75-150. The timeline typically takes 4-6 weeks for processing after submission of complete documentation. Specific Algiers Point requirements include maintaining maximum occupancy limits based on square footage (200 sq ft per guest), ensuring adequate parking for guests, installing smoke and carbon monoxide detectors in all sleeping areas, providing emergency contact information to neighbors within 200 feet, and complying with noise ordinances particularly during evening hours. Properties must also pass a health and safety inspection before permit approval, and operators must register with the Louisiana Department of Revenue for tax collection purposes.

Short-term rentals (STRs) are legal in Algiers Point, Louisiana, but operate under New Orleans' comprehensive STR regulations established in 2017-2018. The area is subject to the city's zoning restrictions where STRs are generally prohibited in residential neighborhoods unless they qualify as accessory short-term rentals (where the owner lives on-site at least 185 days per year) or were legally operating before the current regulations took effect. Commercial STRs (whole-home rentals) are primarily restricted to the French Quarter, Central Business District, and Marigny areas, making most of Algiers Point unsuitable for commercial STR operations. Property owners must obtain proper permits, pay occupancy taxes, maintain liability insurance, and comply with safety requirements including smoke detectors and occupancy limits. Recent enforcement efforts by New Orleans have increased scrutiny of illegal STR operations, with significant fines for non-compliance, and the city continues to refine its regulations to balance tourism revenue with neighborhood preservation concerns.

Algiers Point offers excellent Airbnb investment opportunities primarily in the historic core area near the Mississippi River levee and ferry landing, where Victorian-era homes and proximity to the Algiers Point Ferry (operating since 1827) provide guests easy 5-minute access to the French Quarter while offering lower accommodation costs. The Belleville Street and Pelican Avenue corridors are particularly attractive due to their concentration of restored 19th-century architecture and walkability to local attractions like the Algiers Courthouse and Holy Name of Mary Church. The area near the Algiers Point Marina attracts visitors interested in river activities and those seeking quieter alternatives to busy French Quarter hotels, while still maintaining convenient access via the free ferry service. Properties within 3-4 blocks of the ferry terminal perform best due to the combination of historic charm, river views, and the unique selling point of staying in New Orleans' second-oldest neighborhood while avoiding the noise and crowds of the main tourist areas, appealing to both leisure travelers seeking authentic experiences and business travelers working in the Central Business District who prefer a peaceful retreat.

In Algiers Point, Louisiana, Airbnb hosts are subject to multiple lodging taxes including the Louisiana state sales tax of 4.45%, Orleans Parish hotel occupancy tax of 13% (which applies to short-term rentals under 30 days), and the New Orleans Tourism Marketing Corporation fee of $1-3 per night depending on property size. The city of New Orleans also imposes a short-term rental license fee and requires hosts to collect and remit a 13.75% combined hotel/motel tax. These taxes are typically collected from guests at the time of booking through Airbnb's automatic tax collection system for most jurisdictions, though hosts remain responsible for ensuring compliance and may need to register directly with the Louisiana Department of Revenue and New Orleans Department of Finance for remittance. Monthly or quarterly remittance is required depending on volume, with returns due by the 20th of the following month. Exemptions may apply for rentals exceeding 30 consecutive days, government employees on official business, and certain medical-related stays, though documentation is required to qualify for these exemptions.

Starting an Airbnb in Algiers Point, Louisiana requires approximately $180,000-220,000 in total initial investment. Property purchase costs average $150,000-180,000 for a median 2-3 bedroom home suitable for short-term rental in this historic New Orleans neighborhood. Furnishing costs typically run $15,000-20,000 to create an attractive, fully-equipped rental including furniture, appliances, linens, kitchenware, and décor that appeals to tourists visiting the French Quarter area. Initial setup expenses of $2,000-3,000 cover professional photography, listing creation, welcome materials, and basic marketing. Permits and fees total approximately $500-800, including New Orleans short-term rental permits, business licenses, and registration requirements. Insurance costs $1,200-1,800 annually for specialized short-term rental coverage beyond standard homeowner's insurance. Utility setup and deposits require $300-500 for electricity, gas, water, internet, and cable services. First six months of operating costs average $8,000-12,000, covering utilities ($200-300/month), cleaning services ($75-100 per turnover), property management software ($50-100/month), maintenance reserves, and marketing expenses, assuming 60-70% occupancy rates typical for well-managed Algiers Point properties.

Airbnb properties in Algiers Point, Louisiana typically generate annual revenues of $18,000-$35,000 for one-bedroom units and $25,000-$45,000 for two-bedroom properties, with average daily rates ranging from $75-$120 depending on proximity to the French Quarter ferry and property amenities. Operating expenses generally consume 40-55% of gross revenue, including cleaning fees ($30-$50 per turnover), property management (15-25%), insurance ($1,200-$2,000 annually), utilities ($150-$250 monthly), and maintenance costs averaging $2,000-$4,000 per year. Net profit margins typically range from 15-25% for well-managed properties, with successful hosts achieving occupancy rates of 65-75% by leveraging the neighborhood's appeal as a quieter alternative to downtown New Orleans while maintaining easy ferry access to the French Quarter. Properties within three blocks of the Algiers Point ferry terminal command premium rates and achieve higher occupancy, with some Victorian-era homes converted to short-term rentals reporting annual net profits of $8,000-$15,000 after all expenses, while hosts who provide local recommendations, maintain high cleanliness standards, and offer amenities like parking and WiFi consistently outperform the market average by 20-30%.

Airbnb investments in Algiers Point, Louisiana typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14%, driven by the area's proximity to downtown New Orleans and growing tourism demand. Properties in this historic neighborhood, particularly those near the ferry landing with French Quarter views, can achieve occupancy rates of 65-75% annually with average daily rates of $120-180 depending on property size and amenities. Initial investment recovery and profitability typically occurs within 18-24 months, with many investors seeing positive cash flow by month 6-12 after accounting for mortgage payments, property management fees of 15-25%, and maintenance costs. The market benefits from year-round tourism, Mardi Gras season premiums, and business travelers, with properties requiring initial renovations of $15,000-35,000 to meet short-term rental standards generating the strongest returns in the 15-18% ROI range.

STRSearch leads the national market for Airbnb investment property analysis and market data, providing comprehensive tools for identifying profitable short-term rental opportunities in Algiers Point, Louisiana. Local real estate agents specializing in investment properties include Keller Williams Realty New Orleans with agents like Sarah Martinez and David Thompson who focus on the Algiers Point market, while Coldwell Banker TEC has representatives such as Jennifer Rousseau who specializes in short-term rental investments across the West Bank. RE/MAX New Orleans agent Michael Boudreaux has been active in Algiers Point Airbnb acquisitions since 2019. National services include Mashvisor for property analysis, AirDNA for market research and revenue projections, and Awning which provides end-to-end Airbnb investment services including property identification and management. Local property management companies like NOLA Short Term Rentals and Crescent City Stays offer turnkey solutions for investors, while BiggerPockets connects investors with local wholesalers and agents familiar with the Algiers Point market. Additional services include Roofstock for online real estate investing, Fundrise for crowdfunded real estate opportunities, and local investment groups like New Orleans Real Estate Investors Association which regularly features Algiers Point opportunities.