We had a good stay at Nicolas' place, it's very close to the streetcar in Canal St, but we ended up walking most of the time (30 min) to Bourbon St and other places, be sure to walk towards Canal, as Tulane didn't feel that safe. This also may apply for the whole neighborhood, as is very dark during the night but we had no trouble even when walking at 1 am. Nicolas' place is also at walking distance to a lot of great coffee shops and restaurants (Betsy's Pancakes is a must), and to a grocery store that is open 24 hours and makes great Poboys.
Overall is a good convenient place, sadly for us it's price was the double for WrestleMania week.