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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

Live pricing, refreshed

23
Units Listed
$1,497
Starting at
$2,061
Average
$2,907
Highest
$2.58
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View New Orleans, LA rent trends

Beds

Pricing by Bedroom

1 Bed
$1,817
from $1,497 · 16 units
~686 sqft avg
2 Bed
$2,618
from $2,407 · 7 units
~1,056 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (33)

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

$464K

$5.6M annual run rate

Modeled estimate

Est. Occupancy

91%

of about 246 units (modeled from leasing activity)

Effective Rent on New Leases

$2,079

vs $2,061 current asking

Recent Lease Activity

41 units tracked; 18 assumed leased, 23 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

23

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.

Price vs. Central City

Neighborhood

Comparing 5 apartments in Central City. Click any bar to view that building.

Available Units

23 units
1 Bed 10
$1,497/mo
594 ft² · $2.52/ft\u00B2 · #5S17
1 Bed 10
$1,568/mo
594 ft² · $2.64/ft\u00B2 · #2S2
1 Bed 10
$1,578/mo
594 ft² · $2.66/ft\u00B2 · #3S12
1 Bed 10
$1,667/mo
594 ft² · $2.81/ft\u00B2 · #5N24
1 Bed 10
$1,718/mo
646 ft² · $2.66/ft\u00B2 · #2N16-ADA
1 Bed 10
$1,737/mo
646 ft² · $2.69/ft\u00B2 · #3N16-ADA
1 Bed 10
$1,743/mo
634 ft² · $2.75/ft\u00B2 · #2S1
1 Bed 10
$1,778/mo
634 ft² · $2.80/ft\u00B2 · #3N19
1 Bed 10
$1,783/mo
634 ft² · $2.81/ft\u00B2 · #4N23
1 Bed 10
$1,802/mo
634 ft² · $2.84/ft\u00B2 · #2S4

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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