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Affordable
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These days, finding an affordable place to live in the 71115 area can be challenging. Home prices in 71115 are now at a median cost of $259,814, higher than the Louisiana average of $235,139.
The average cost of rent is $1,157/mo in 71115, primarily driven by the current value of real estate in the 71115 area. In 71115, 37.12% of households rent, and 56.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71115 is $6,698 per month. Households that rent pay about 17.27% of their income on rent here. 71115’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 71106, LA: higher priced homes
- 71105, LA: less expensive homes
- 71112, LA: less expensive homes
- 71104, LA: less expensive homes
- 71108, LA: less expensive homes
- 71118, LA: less expensive homes
- 71101, LA: less expensive homes
- 71103, LA: less expensive homes
- 71110, LA: less expensive homes
- 71109, LA: less expensive homes
Zip Codes with Similar Populations
- 01864, MA: higher priced homes
- 02189, MA: higher priced homes
- 02382, MA: higher priced homes
- 75156, TX: less expensive homes
- 10965, NY: higher priced homes
- 14210, NY: less expensive homes
- 13219, NY: less expensive homes
- 79549, TX: less expensive homes
- 75203, TX: higher priced homes
- 78404, TX: less expensive homes
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