New Orleans is a spirited city with no lack of energy, culture, and excitement. But did you know it’s also a great place to call “home” in retirement? With such diverse neighborhoods, you can find the perfect living space to support the retirement lifestyle you’ve always envisioned. In this article, we’re exploring some of New Orleans’s top neighborhoods and what makes them ideal for those considering relocating here in retirement.
The French Quarter: Historic Charm and Entertainment
Few neighborhoods are more famous in the country than the French Quarter—and for good reason. This iconic area is the epitome of good food and unparalleled nightlife. For retirees seeking a lively and culturally rich atmosphere, few places in New Orleans are better suited for you than the French Quarter.
From the instantly recognizable cast iron balconies to the cathedrals and colorful townhouses, just the architecture alone is enough to take your breath away. The French Quarter is also home to an incredible art scene with plenty of street vendors, markets, and shops to peruse every day of the week. After spending a day exploring the local shops and checking out the many historic sites, you can sit down and enjoy authentic New Orleans cuisine almost anywhere.
The French Quarter is lively, that’s for sure. If you’re looking to retire somewhere quiet and subdued, you may not be happy with the crowds, late-night noise, and higher cost of living. But for many retirees, it’s worth it to be able to live in such a world-renowned neighborhood.
Garden District: Elegance and Tranquility
The second most recognizable part of the city is the Garden District. If you’ve ever taken one of New Orleans’ famous street cars, you’ll undoubtedly have passed by some of the well-preserved mansions and tree-lined streets of the Garden District. Known for its much more relaxed ambiance, the Garden District has an old-world charm irresistible to many retirees.
This neighborhood, though tucked away from the hustle and bustle of the French Quarter, is still near beautiful parks, small boutiques, and upscale dining options. It’s a peaceful area of the city to call home, which is worth the higher cost of real estate for many.
Bywater: Eclectic Lifestyle and Community Spirit
If you’re looking for something between the bustling French Quarter and the quiet Garden District, perhaps the emerging neighborhood of Bywater would be right up your alley. Bywater is quickly gaining a reputation as having an artsy, bohemian vibe and, even better, a strong sense of community.
Houses and storefronts stand out with their bright colors and funky decor, making this neighborhood fun to live and explore. The nightlight is still vibrant but maintains a much more lowkey atmosphere. Spend the afternoon at Crescent Park before heading to a wine bar or quaint cafe for dinner.
Bywater is a great community to consider for those looking to move somewhere that celebrates diversity and creativity.
Lakeview: Suburban Comfort and Waterfront Views
Lakeview is also often called Lakefront, thanks to its proximity to Lake Pontchartrain. This is an excellent choice if you love being close to the water and enjoy fresh seafood and sailing.
Lakeview has a fairly laidback vibe, though there’s still plenty to do. For avid history and art lovers, the New Orlean Museum of Art (NOMA) is in Lakeview, the Longue Vue House and Gardens, Betshoff Sculpture Gardens, and other museums and parks.
Since it lies outside the traditional tourist destinations, Lakeview is a peaceful area of the city and home to locals who share a strong community bond.
Algiers: Historic Charm and Affordability
Algiers, or Algiers Point, boasts its historic charm—but also has a more affordable cost of living than other parts of the city.
Algiers sits across from the French Quarter, on the other side of the Mississippi, making it just a ferry ride away from the rest of downtown New Orleans. Rich in history, Algiers is the birthplace of some of New Orleans’ greatest jazz artists, and it’s still known today as a prominent jazz destination. But rather than upscale restaurants and high-end bars, you’ll find most locals here heading to their favorite dive bar or watering hole in the evenings.
While chock full of local businesses and tucked away from the spotlight, Algiers does pose some challenges, such as its limited amenities and struggles with infrastructure. But if you’re up for some adventure, it may be the perfect place to call home.
Financial Considerations and Local Amenities
While the vibe and atmosphere of any neighborhood are essential, there are several logistical factors to consider when relocating in retirement. Housing costs will vary significantly from neighborhood to neighborhood (the French Quarter and Garden District boast some of the city’s most expensive real estate, for example).
If you’re selling the family home and using those funds to relocate (rather than take on a mortgage), your housing budget may dictate what areas of the city will make the most sense financially. But if you have some wiggle room in your budget, you should also consider things like property tax, insurance (including flood insurance if required), and overall cost of living.
The local amenities will also play a significant role in your decision. If you’d prefer not to drive, you’ll want to live somewhere with easy access to public transportation. Or, if you’d like to own a home with plenty of parking for you and your guests, a historic home in the crowded French Quarter may not be ideal. Other amenities include access to healthcare facilities or hospital networks, grocery stores, and restaurants or entertainment.
Once you know your homebuying budget and estimated monthly expenses, the most effective way to pick a piece of property is to visit the city and explore all the neighborhoods you’re considering. Reading about them is one thing, but walking the streets, visiting the restaurants, and visualizing yourself living there is essential.
Cultural Engagement and Entertainment
New Orleans has plenty of culture, entertainment, and festivals. To get actively involved in the local community during retirement, check out what opportunities each neighborhood offers. New Orleans is home to some unique and fun traditions, from JazzFest to the Po-Boy Festival (and, of course, we can’t forget about Mardi Gras).
No matter your chosen neighborhood, you’re in for a vibrant and active retirement.
Safety and Walkability
New Orleans is somewhat walkable, though some neighborhoods will be easier to walk in than others. It’s always important to consider safety, so you may want to assess crime rates in the areas you’re most interested in pursuing.
Find areas with well-lit streets and pedestrian-friendly walking areas (good sidewalks, shops, or restaurants close to one another). Living in a walkable neighborhood not only makes it easier to get around but it encourages an active lifestyle in retirement—which is proven repeatedly to be essential for retirees’ health and well-being.
Finding a Place to Call ‘Home’ in Retirement
Every neighborhood in New Orleans has its unique makeup of culture, history, and sense of community. Depending on the type of retirement you want, different neighborhoods cater to different preferences and priorities. From energetic and lively to lowkey and quiet, there’s a little something for everyone in New Orleans.
We encourage you to research and, most importantly, visit the area you’re looking to relocate to in retirement. Keep in mind your own personal needs, preferences, and budget, and you’ll be able to find the perfect place to call home here in the vibrant city of New Orleans.
If you’d like to learn more about our beautiful city or discuss retirement planning with a local team of experienced advisors, don’t hesitate to reach out and schedule a time to talk.