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Affordable
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These days, finding an affordable place to live in the 71001 area can be challenging. Home prices in 71001 are now at a median cost of $103,266, lower than the Louisiana average of $235,139.
The average cost of rent is $725/mo in 71001, primarily driven by the current value of real estate in the 71001 area. In 71001, 42.80% of households rent, and 62.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71001 is $3,444 per month. Households that rent pay about 21.05% of their income on rent here. 71001’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern 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
- 71275, LA: higher priced homes
- 71003, LA: equally priced homes
- 71028, LA: equally priced homes
- 71245, LA: higher priced homes
- 71272, LA: higher priced homes
- 71270, LA: higher priced homes
- 71235, LA: higher priced homes
- 71024, LA: higher priced homes
- 71055, LA: higher priced homes
- 71073, LA: higher priced homes
Zip Codes with Similar Populations
- 63630, MO: higher priced homes
- 49868, MI: equally priced homes
- 53076, WI: higher priced homes
- 53946, WI: higher priced homes
- 54173, WI: higher priced homes
- 54448, WI: higher priced homes
- 56360, MN: higher priced homes
- 59019, MT: higher priced homes
- 59072, MT: higher priced homes
- 61048, IL: higher priced homes
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