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The Paramount at South Market apartments in New Orleans, LA

Updated

The Paramount at South Market

611 O'Keefe Ave, New Orleans, LA 70113, USA

Live pricing, refreshed

19
Units Listed
$1,626
Starting at
$2,093
Average
$2,773
Highest
$2.65
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Central City rent trends

Beds

Pricing by Bedroom

1 Bed
$1,876
from $1,626 · 13 units
~679 sqft avg
2 Bed
$2,564
from $2,394 · 6 units
~1,027 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (36)

Largest 8 movers of 36

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$51K

$616K annual run rate

Modeled estimate

Est. Occupancy

57%

of about 44 units (modeled from leasing activity)

Effective Rent on New Leases

$2,052

vs $2,093 current asking ($41 negotiation gap)

Recent Lease Activity

44 units tracked; 25 assumed leased, 19 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

19

Good availability

2 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

19 units
1 Bed 10
$1,626/mo
594 ft² · $2.74/ft\u00B2 · #2S2
Up $15 since Jul 19 (was $1,611)
1 Bed 10
$1,636/mo
594 ft² · $2.75/ft\u00B2 · #3S12
Up $15 since Jul 19 (was $1,621)
1 Bed 10
$1,716/mo
594 ft² · $2.89/ft\u00B2 · #5N24
Up $15 since Jul 19 (was $1,701)
1 Bed 10
$1,785/mo
634 ft² · $2.82/ft\u00B2 · #3N3
1 Bed 10
$1,793/mo
646 ft² · $2.78/ft\u00B2 · #2N16-ADA
Up $45 since Jul 19 (was $1,748)
1 Bed 10
$1,818/mo
634 ft² · $2.87/ft\u00B2 · #2S1
Up $58 since Jul 19 (was $1,760)
1 Bed 10
$1,858/mo
634 ft² · $2.93/ft\u00B2 · #4N23
Up $44 since Jul 19 (was $1,814)
1 Bed 10
$1,858/mo
634 ft² · $2.93/ft\u00B2 · #5S10
Up $44 since Jul 19 (was $1,814)
1 Bed 10
$1,883/mo
634 ft² · $2.97/ft\u00B2 · #4S4
Up $58 since Jul 19 (was $1,825)
1 Bed 10
$1,908/mo
634 ft² · $3.01/ft\u00B2 · #5N4

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all New Orleans, LA notes

No resident notes for this property yet.

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