Penelope's place is a perfect stay as a home base for Jazz Fest. As a native New Orleanian I was a little nervous to stay in this area on the south side of Treme (Airbnb had made it seem like it was closer to Frenchmen), but overall we had no issues (although I definitely would not recommend walking this area at night if you are a woman by yourself). But take Lyft and taxis everywhere and this is the perfect inbetween location with the Fairgrounds 10 min north, and the French Quarter and Frenchmen St. just blocks away. The place itself is as cute as can be