Need a nice house for 2-3 years - rent or buy?Should I rent or should I buy? What do you think given the New Orleans area specifically? I will move to New Orleans in late summer '11 (job transfer) with wife, two children (ages three and nine when we arrive), and possibly mother-in-law (no special needs). Some factors: - It is likely we will move again after two to three years, so we will not be there all that long. - I will work downtown. - I would like to have a commute of about 30 minutes or less (less is better). - I want at least 4 bedrooms/2 baths (and prefer a split plan for master bedroom). Five bedrooms would be even better. - I would like something somewhat more upscale in house quality. - I want a safe area with good schools and no real flooding risk. - We could live in an apartment, but I don't know if we'd find something large enough. - If I buy, I don't feel I should spend much more than $2.5k/month fully inclusive (maybe a min $250k - max $450k house.) - If I rent, I'd like to keep it to not much above $2k straight rent (give or take) before utilities, etc. - I have access to USAA for insurance, mortgage, Mover's Advantage (and am a veteran). I have essentially no New Orleans experience other than a week a decade ago on the job. Where should I start looking? Metarie? Slidell? Mandeville? I don't know where to start. Zillow is lean on rental listings for the area, but I'd think there are surely a lot more than what I'm seeing. Is the rental market lean or robust? I don't see this so much as an investment as I do a means of putting my family in a nice living situation for our time in New Orleans. If I bought, it would be because that was the better way to house my family well. In general, I'd rather rent just to avoid the pain of selling in less than four years. What do you all think? March 27 2011 - New Orleans0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.