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These days, finding an affordable place to live in the 70507 area can be challenging. Home prices in 70507 are now at a median cost of $198,117, lower than the Louisiana average of $235,139.
The average cost of rent is $984/mo in 70507, primarily driven by the current value of real estate in the 70507 area. In 70507, 29.67% of households rent, and 49.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 70507 is $6,150 per month. Households that rent pay about 16.00% of their income on rent here. 70507’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 70520, LA: higher priced homes
- 70501, LA: less expensive homes
- 70583, LA: less expensive homes
- 70506, LA: higher priced homes
- 70503, LA: higher priced homes
- 70584, LA: equally priced homes
- 70508, LA: higher priced homes
- 70529, LA: higher priced homes
- 70517, LA: equally priced homes
- 70518, LA: higher priced homes
Zip Codes with Similar Populations
- 02746, MA: higher priced homes
- 02806, RI: higher priced homes
- 20905, MD: higher priced homes
- 77707, TX: equally priced homes
- 37411, TN: higher priced homes
- 43056, OH: higher priced homes
- 44410, OH: equally priced homes
- 45504, OH: equally priced homes
- 48230, MI: higher priced homes
- 49770, MI: higher priced homes
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