ZIP Code 70003 — Metairie, LA Home Prices (2026)
The typical home in ZIP 70003 (Metairie, Louisiana) is worth about $282,000 at roughly $175 per square foot — 21% more affordable than the Metairie median and 4% more affordable than the typical U.S. home.
How 70003 compares
ZIP 70003 is one of the more affordable ZIP codes in Metairie: its typical home value of $282,000 ranks #5 of the 5 Metairie ZIP codes we track (the citywide range runs from $282,000 in 70003 to $431,000 in 70005). Per square foot it costs about $175, against $180 for Metairie as a whole, $136 for Louisiana, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 70003 | $282,000 | $175 |
| Metairie, LA | $356,000 | $180 |
| Louisiana | $194,000 | $136 |
| United States | $294,000 | $195 |
Home value by size in 70003
Using this ZIP’s rate of about $175 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $175,000 |
| 1,500 sq ft | $262,500 |
| 2,000 sq ft | $350,000 |
| 2,500 sq ft | $437,500 |
| 3,000 sq ft | $525,000 |
Salary needed to buy a home in ZIP 70003
To buy the typical $282,000 home in ZIP 70003 with 20% down, you need a household income of roughly $77,000 a year (about $1,790 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $91,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $14,100 | $2,220/mo | $95,000/yr |
| 10% (+PMI) | $28,200 | $2,130/mo | $91,000/yr |
| 20% | $56,400 | $1,790/mo | $77,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 70003
At about $175 per square foot, here is roughly how much home different budgets get you in ZIP 70003:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 860 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1140 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1430 sq ft | around the typical home here |
| $300k | 1710 sq ft | around the typical home here |
| $400k | 2290 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 70003 home.
Estimate a specific home in 70003
The estimator below is pre-set to ZIP 70003 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Metairie ZIP codes by home value
Where 70003 sits among Metairie’s 5 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 70005 | $431,000 | $243 |
| 2 | 70002 | $365,000 | $180 |
| 3 | 70006 | $356,000 | $179 |
| 4 | 70001 | $329,000 | $196 |
| 5 | 70003 (this page) | $282,000 | $175 |
ZIP 70003 home prices: frequently asked
What is the average home price in ZIP code 70003? +
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See the full Metairie home values page, all Louisiana cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.