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These days, finding an affordable place to live in the 71201 area can be challenging. Home prices in 71201 are now at a median cost of $217,133, higher than the Louisiana average of $194,522.
The average cost of rent is $873/mo in 71201, primarily driven by the current value of real estate in the 71201 area. While nearly 50.15% of residents own their homes outright in 71201, 44.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in 71201 is $5,751 per month. Households that rent pay about 15.19% of their income on rent here. 71201's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 71209, LA: equally priced homes
- 71291, LA: less expensive homes
- 71203, LA: less expensive homes
- 71202, LA: less expensive homes
- 71292, LA: less expensive homes
- 71280, LA: less expensive homes
- 71225, LA: higher priced homes
- 71279, LA: less expensive homes
- 71229, LA: less expensive homes
- 71234, LA: less expensive homes
Zip Codes with Similar Populations
- 89138, NV: higher priced homes
- 43206, OH: equally priced homes
- 45030, OH: equally priced homes
- 48220, MI: less expensive homes
- 48420, MI: less expensive homes
- 63501, MO: less expensive homes
- 70043, LA: less expensive homes
- 70435, LA: equally priced homes
- 73507, OK: less expensive homes
- 78737, TX: higher priced homes
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