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These days, finding an affordable place to live in the 71101 area can be challenging. Home prices in 71101 are now at a median cost of $100,530, lower than the Louisiana average of $235,139.
The average cost of rent is $804/mo in 71101, primarily driven by the current value of real estate in the 71101 area. In 71101, 67.07% of households rent, and 74.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71101 is $1,860 per month. Households that rent pay about 43.22% of their income on rent here. 71101’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 71104, LA: higher priced homes
- 71103, LA: less expensive homes
- 71105, LA: higher priced homes
- 71109, LA: higher priced homes
- 71108, LA: less expensive homes
- 71112, LA: higher priced homes
- 71111, LA: higher priced homes
- 71110, LA: higher priced homes
- 71106, LA: higher priced homes
- 71115, LA: higher priced homes
Zip Codes with Similar Populations
- 28339, NC: higher priced homes
- 76691, TX: higher priced homes
- 75114, TX: higher priced homes
- 37029, TN: higher priced homes
- 35218, AL: equally priced homes
- 30183, GA: higher priced homes
- 29479, SC: higher priced homes
- 28572, NC: higher priced homes
- 28530, NC: higher priced homes
- 28398, NC: higher priced homes
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