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These days, finding an affordable place to live in the 70816 area can be challenging. Home prices in 70816 are now at a median cost of $213,959, higher than the Louisiana average of $194,522.
The average cost of rent is $1,142/mo in 70816, primarily driven by the current value of real estate in the 70816 area. While nearly 37.90% of residents own their homes outright in 70816, 44.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 70816 is $5,514 per month. Households that rent pay about 20.72% of their income on rent here. 70816's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 70815, LA: less expensive homes
- 70819, LA: less expensive homes
- 70809, LA: higher priced homes
- 70817, LA: higher priced homes
- 70836, LA: equally priced homes
- 70814, LA: less expensive homes
- 70806, LA: higher priced homes
- 70810, LA: higher priced homes
- 70808, LA: higher priced homes
- 70726, LA: equally priced homes
Zip Codes with Similar Populations
- 34655, FL: higher priced homes
- 76108, TX: equally priced homes
- 00680, PR: less expensive homes
- 46060, IN: higher priced homes
- 45014, OH: less expensive homes
- 44212, OH: equally priced homes
- 43235, OH: higher priced homes
- 37918, TN: less expensive homes
- 36830, AL: higher priced homes
- 36116, AL: less expensive homes
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