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These days, finding an affordable place to live in the 70506 area can be challenging. Home prices in 70506 are now at a median cost of $217,531, lower than the Louisiana average of $235,139.
The average cost of rent is $1,107/mo in 70506, primarily driven by the current value of real estate in the 70506 area. In 70506, 50.45% of households rent, and 51.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 70506 is $5,148 per month. Households that rent pay about 21.51% of their income on rent here. 70506’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 70503, LA: higher priced homes
- 70583, LA: less expensive homes
- 70508, LA: higher priced homes
- 70501, LA: less expensive homes
- 70529, LA: equally priced homes
- 70507, LA: equally priced homes
- 70558, LA: equally priced homes
- 70520, LA: equally priced homes
- 70518, LA: higher priced homes
- 70578, LA: less expensive homes
Zip Codes with Similar Populations
- 77063, TX: higher priced homes
- 27292, NC: equally priced homes
- 29650, SC: higher priced homes
- 84067, UT: higher priced homes
- 60090, IL: higher priced homes
- 91601, CA: higher priced homes
- 00674, PR: less expensive homes
- 95821, CA: higher priced homes
- 40229, KY: equally priced homes
- 33613, FL: higher priced homes
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