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Affordable
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These days, finding an affordable place to live in the 71031 area can be challenging. Home prices in 71031 are now at a median cost of $95,666, lower than the Louisiana average of $235,139.
The average cost of rent is $1,352/mo in 71031, primarily driven by the current value of real estate in the 71031 area. In 71031, 21.94% of households rent, and 79.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71031 is $4,750 per month. Households that rent pay about 28.47% of their income on rent here. 71031’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 71410, LA: less expensive homes
- 71070, LA: equally priced homes
- 71411, LA: higher priced homes
- 71002, LA: equally priced homes
- 71422, LA: higher priced homes
- 71483, LA: higher priced homes
- 71019, LA: higher priced homes
- 71473, LA: higher priced homes
- 71034, LA: higher priced homes
- 71441, LA: equally priced homes
Zip Codes with Similar Populations
- 52585, IA: higher priced homes
- 60960, IL: higher priced homes
- 59866, MT: higher priced homes
- 59353, MT: equally priced homes
- 56253, MN: higher priced homes
- 56240, MN: higher priced homes
- 56142, MN: higher priced homes
- 56138, MN: higher priced homes
- 55757, MN: higher priced homes
- 55708, MN: higher priced homes
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