New Orleans zip code 70113 LTR inventory

[Damon Aniton]

I am doing a little of my own research as far as comparable rentals in this zip code and see dam near nothing and the hand full, 5 in total, that are listed have been on the market for a month or more. Some as many as 60 days or so. All of which are reducing their prices in the hundreds. I know people do tend to move less in the fall and winter. So the amount of time some of them have been on the market is not terribly surprising. But the low inventory is what has me scratching my head. Is it because this particular area of the city is more rented out to STR than anything else or is there something else I am missing?