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These days, finding an affordable place to live in the 71027 area can be challenging. Home prices in 71027 are now at a median cost of $123,005, lower than the Louisiana average of $235,139.
The average cost of rent is $819/mo in 71027, primarily driven by the current value of real estate in the 71027 area. In 71027, 16.22% of households rent, and 68.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71027 is $4,073 per month. Households that rent pay about 20.10% of their income on rent here. 71027’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
- 71078, LA: higher priced homes
- 71030, LA: higher priced homes
- 71118, LA: higher priced homes
- 71032, LA: higher priced homes
- 71047, LA: higher priced homes
- 71051, LA: higher priced homes
- 71046, LA: higher priced homes
- 71007, LA: higher priced homes
- 71068, LA: equally priced homes
- 71034, LA: higher priced homes
Zip Codes with Similar Populations
- 72434, AR: less expensive homes
- 47631, IN: higher priced homes
- 49125, MI: higher priced homes
- 49885, MI: higher priced homes
- 50058, IA: higher priced homes
- 52565, IA: higher priced homes
- 03864, NH: higher priced homes
- 53504, WI: higher priced homes
- 55932, MN: higher priced homes
- 57638, SD: equally priced homes
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