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These days, finding an affordable place to live in the 70131 area can be challenging. Home prices in 70131 are now at a median cost of $246,865, higher than the Louisiana average of $235,139.
The average cost of rent is $1,540/mo in 70131, primarily driven by the current value of real estate in the 70131 area. In 70131, 34.91% of households rent, and 38.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 70131 is $6,494 per month. Households that rent pay about 23.72% of their income on rent here. 70131’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 70114, LA: equally priced homes
- 70056, LA: equally priced homes
- 70043, LA: less expensive homes
- 70032, LA: equally priced homes
- 70053, LA: equally priced homes
- 70117, LA: higher priced homes
- 70075, LA: equally priced homes
- 70130, LA: higher priced homes
- 70058, LA: less expensive homes
- 70116, LA: higher priced homes
Zip Codes with Similar Populations
- 22102, VA: higher priced homes
- 90249, CA: higher priced homes
- 56303, MN: less expensive homes
- 60452, IL: equally priced homes
- 60560, IL: higher priced homes
- 63755, MO: equally priced homes
- 68502, NE: equally priced homes
- 71457, LA: less expensive homes
- 76012, TX: higher priced homes
- 76208, TX: higher priced homes
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