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These days, finding an affordable place to live in the 71055 area can be challenging. Home prices in 71055 are now at a median cost of $124,945, lower than the Louisiana average of $235,139.
The average cost of rent is $895/mo in 71055, primarily driven by the current value of real estate in the 71055 area. In 71055, 40.17% of households rent, and 63.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71055 is $3,702 per month. Households that rent pay about 24.16% of their income on rent here. 71055’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 71073, LA: equally priced homes
- 71024, LA: higher priced homes
- 71028, LA: less expensive homes
- 71067, LA: higher priced homes
- 71003, LA: less expensive homes
- 71037, LA: higher priced homes
- 71001, LA: less expensive homes
- 71110, LA: higher priced homes
- 71006, LA: higher priced homes
- 71111, LA: higher priced homes
Zip Codes with Similar Populations
- 85284, AZ: higher priced homes
- 32829, FL: higher priced homes
- 33472, FL: higher priced homes
- 34285, FL: higher priced homes
- 35111, AL: higher priced homes
- 35901, AL: higher priced homes
- 41101, KY: equally priced homes
- 77401, TX: higher priced homes
- 82501, WY: higher priced homes
- 02459, MA: higher priced homes
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