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Affordable
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These days, finding an affordable place to live in the 71303 area can be challenging. Home prices in 71303 are now at a median cost of $213,327, lower than the Louisiana average of $235,139.
The average cost of rent is $1,081/mo in 71303, primarily driven by the current value of real estate in the 71303 area. In 71303, 41.28% of households rent, and 49.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71303 is $5,788 per month. Households that rent pay about 18.67% of their income on rent here. 71303’s most expensive areas are in the southwestern 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
- 71301, LA: less expensive homes
- 71302, LA: less expensive homes
- 71360, LA: equally priced homes
- 71485, LA: higher priced homes
- 71409, LA: less expensive homes
- 71346, LA: equally priced homes
- 71424, LA: equally priced homes
- 71466, LA: less expensive homes
- 71323, LA: less expensive homes
- 71472, LA: less expensive homes
Zip Codes with Similar Populations
- 75142, TX: higher priced homes
- 44514, OH: equally priced homes
- 45331, OH: less expensive homes
- 46256, IN: higher priced homes
- 46805, IN: less expensive homes
- 47546, IN: higher priced homes
- 48203, MI: less expensive homes
- 49707, MI: less expensive homes
- 59714, MT: higher priced homes
- 60164, IL: higher priced homes
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