Transportation is more than just a way to get from Point A to Point B—it’s one of the strongest drivers of real estate growth. In fact, transit-oriented developments (TODs), which are communities built around major bus lines, rail systems, and other public transit hubs, are reshaping how tenants choose where to live and how landlords position their rental properties.
Why Transit-Oriented Developments Matter
According to the American Public Transportation Association, properties located near high-quality public transit can increase in value by 4% to 24% compared to those without easy access. For tenants, this translates to shorter commutes, reduced transportation costs, and more time for family, work, or leisure. For landlords, this means stronger demand and more stable rental income.
Key Benefits for Tenants:
•Convenience – Living near bus or rail projects makes commuting to work, school, or downtown New Orleans stress-free.
•Affordability – Tenants save on gas, parking, and car maintenance when they rely more on public transit.
•Lifestyle Upgrade – Transit hubs are often surrounded by dining, shopping, and entertainment options.
Key Benefits for Landlords:
•Higher Demand – Rental units near transit attract young professionals, students, and families looking for easy mobility.
•Increased Property Value – As new transit projects roll out, the long-term appreciation of your property improves.
•Lower Vacancy Rates – Tenants tend to stay longer in well-connected neighborhoods, giving landlords consistent cash flow.
Louisiana’s Growth in Transit Access
In the Greater New Orleans area, investments in bus rapid transit systems and expanded rail connections are gaining traction. Neighborhoods with strong access to these routes—like Metairie, Slidell, Mandeville, and Covington—are becoming more attractive to both renters and investors. As commuting between suburbs and downtown New Orleans gets easier, these areas are seeing a surge in rental demand.
What This Means for You
•Tenants: If you’re searching for a home, consider properties near transit hubs. It’s not just about where you live, but how easily you can get around.
•Landlords: Position your rental properties near bus or rail projects as “commuter-friendly” in your marketing. This can help you charge competitive rent while attracting high-quality tenants.
Conclusion
Transit-oriented developments aren’t just an urban trend—they’re a smart investment strategy that benefits both tenants and landlords. With bus and rail projects on the rise in Louisiana, now is the time to act.
At Rent Easy Nola, we help landlords maximize the potential of their properties and assist tenants in finding homes with the perfect balance of convenience and value.
đź“Ť Rent Easy Nola
132 Terra Bella Blvd, Covington, LA 70433
đź“ž +1 985-710-3356
📧 info@renteasynola.com
Whether you’re a tenant seeking a well-connected home or a landlord wanting to boost your property’s value, we’re here to make it easy.
Inquire today and let’s get started!