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These days, finding an affordable place to live in the 71227 area can be challenging. Home prices in 71227 are now at a median cost of $192,565, lower than the Louisiana average of $194,522.
The average cost of rent is $779/mo in 71227, primarily driven by the current value of real estate in the 71227 area. While nearly 59.97% of residents own their homes outright in 71227, 17.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 71227 is $5,182 per month. Households that rent pay about 15.04% of their income on rent here. 71227's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 71270, LA: equally priced homes
- 71225, LA: higher priced homes
- 71234, LA: less expensive homes
- 71272, LA: less expensive homes
- 71235, LA: less expensive homes
- 71245, LA: less expensive homes
- 71291, LA: equally priced homes
- 71292, LA: less expensive homes
- 71275, LA: less expensive homes
- 71201, LA: higher priced homes
Zip Codes with Similar Populations
- 52213, IA: equally priced homes
- 04358, ME: equally priced homes
- 71082, LA: less expensive homes
- 47126, IN: equally priced homes
- 47117, IN: less expensive homes
- 03862, NH: higher priced homes
- 40150, KY: less expensive homes
- 38916, MS: less expensive homes
- 37860, TN: less expensive homes
- 37714, TN: higher priced homes
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