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These days, finding an affordable place to live in the 71040 area can be challenging. Home prices in 71040 are now at a median cost of $83,837, lower than the Louisiana average of $194,522.
The average cost of rent is $657/mo in 71040, primarily driven by the current value of real estate in the 71040 area. While nearly 68.89% of residents own their homes outright in 71040, 25.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in 71040 is $2,554 per month. Households that rent pay about 25.72% of their income on rent here. 71040's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 71048, LA: less expensive homes
- 71038, LA: equally priced homes
- 71079, LA: less expensive homes
- 71072, LA: less expensive homes
- 71256, LA: less expensive homes
- 71018, LA: equally priced homes
- 71222, LA: equally priced homes
- 71071, LA: equally priced homes
- 71021, LA: less expensive homes
- 71075, LA: higher priced homes
Zip Codes with Similar Populations
- 32448, FL: higher priced homes
- 17547, PA: higher priced homes
- 18848, PA: higher priced homes
- 19945, DE: higher priced homes
- 97760, OR: higher priced homes
- 24171, VA: higher priced homes
- 27310, NC: higher priced homes
- 97540, OR: higher priced homes
- 96712, HI: higher priced homes
- 93449, CA: higher priced homes
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