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These days, finding an affordable place to live in the 71203 area can be challenging. Home prices in 71203 are now at a median cost of $203,646, lower than the Louisiana average of $235,139.
The average cost of rent is $1,098/mo in 71203, primarily driven by the current value of real estate in the 71203 area. In 71203, 43.30% of households rent, and 44.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71203 is $4,927 per month. Households that rent pay about 22.29% of their income on rent here. 71203’s most expensive areas are in the northern 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
- 71209, LA: higher priced homes
- 71201, LA: higher priced homes
- 71202, LA: less expensive homes
- 71291, LA: higher priced homes
- 71280, LA: higher priced homes
- 71279, LA: less expensive homes
- 71229, LA: less expensive homes
- 71292, LA: less expensive homes
- 71264, LA: less expensive homes
- 71269, LA: less expensive homes
Zip Codes with Similar Populations
- 32404, FL: higher priced homes
- 53218, WI: less expensive homes
- 60504, IL: higher priced homes
- 45211, OH: less expensive homes
- 34743, FL: higher priced homes
- 34208, FL: higher priced homes
- 28092, NC: higher priced homes
- 28079, NC: higher priced homes
- 21014, MD: higher priced homes
- 20877, MD: higher priced homes
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