There are many opportunities in New Orleans where you can feel at home living here.
Having lived for 10 yrs of my life in Trinidad it feels so good living in New Orleans and for so much of the year feel "just like home" in this very Caribbean city.
Coming from St Croix, you can find homes here that are in walkable neighbourhoods such as in Midcity, (towards City Park and Jazz Fest) and Uptown around the universities.
Insurance compares with other coastal cities, with alot of what you pay dependent on the specific house and location. Word of advice is ONLY take advice from people who own, work and / or have investment properties in the areas you are considering...for there are means and methods to reducing your costs substantially.
Drop me an email about your budget and lifestyle to best help you find your place in our wonderful community.
You can email me these details and i will send you back some properties, with pictures, that are avaiable
I live too far away to give you market stats, but I will suggest that you also consider another historic area called Algiers Point. It's right across the river (by ferry) from the French Quarter. My daughter lived there before Katrina and she LOVED it! Very charming.
Insurance rates are still much higher in Orleans Parish & other coastal parishes than in areas of the state north of I-10. For example, my daughter lives in a small house less expensive than mine in Monroe, but she pays 3 TIMES what I pay in homeowner's insurance. Sick.
NOLA is a great city, and it is recovering. Good luck in finding your new home. You can be there in time for Mardi Gras!
Keller Williams Realty, Monroe, LA