I am a bit of a standout since I stayed here on Mardi Gras times, so rates were much higher as expected, but I think the location was OK, given its regular non-holiday rates. The place was clean. My only issue was the noise levels, I heard all neighbors, so sleeping was a bit of hassle but not overwhelming.
The best thing about the location is proximity to a bus. $1.25 each way saved us a lot of money on Uber (which was like $30 onto town), so would reccomend if not going to a time sensitive event. It tended to be 20-30 minutes late but likely a lot to do with all the parade traffic.
Overall, it's a good place to stay.