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Affordable
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These days, finding an affordable place to live in the 71112 area can be challenging. Home prices in 71112 are now at a median cost of $175,677, lower than the Louisiana average of $235,139.
The average cost of rent is $1,218/mo in 71112, primarily driven by the current value of real estate in the 71112 area. In 71112, 38.44% of households rent, and 37.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71112 is $5,599 per month. Households that rent pay about 21.75% of their income on rent here. 71112’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 71110, LA: higher priced homes
- 71105, LA: higher priced homes
- 71104, LA: equally priced homes
- 71101, LA: less expensive homes
- 71115, LA: higher priced homes
- 71103, LA: less expensive homes
- 71106, LA: higher priced homes
- 71111, LA: higher priced homes
- 71108, LA: less expensive homes
- 71109, LA: less expensive homes
Zip Codes with Similar Populations
- 88011, NM: higher priced homes
- 45503, OH: equally priced homes
- 46151, IN: higher priced homes
- 01851, MA: higher priced homes
- 48917, MI: higher priced homes
- 65401, MO: higher priced homes
- 66212, KS: higher priced homes
- 76140, TX: higher priced homes
- 77356, TX: higher priced homes
- 78229, TX: higher priced homes
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