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These days, finding an affordable place to live in the 71316 area can be challenging. Home prices in 71316 are now at a median cost of $112,700, lower than the Louisiana average of $194,522.
The average cost of rent is $735/mo in 71316, primarily driven by the current value of real estate in the 71316 area. While nearly 41.45% of residents own their homes outright in 71316, 9.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 71316 is $3,672 per month. Households that rent pay about 20.02% of their income on rent here. 71316's most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 71331, LA: higher priced homes
- 71351, LA: equally priced homes
- 71323, LA: less expensive homes
- 71328, LA: higher priced homes
- 71330, LA: higher priced homes
- 39669, MS: less expensive homes
- 71360, LA: higher priced homes
- 71302, LA: equally priced homes
- 71346, LA: higher priced homes
- 71301, LA: higher priced homes
Zip Codes with Similar Populations
- 82845, WY: higher priced homes
- 82942, WY: less expensive homes
- 24887, WV: less expensive homes
- 13113, NY: higher priced homes
- 26838, WV: higher priced homes
- 84008, UT: higher priced homes
- 12483, NY: higher priced homes
- 79326, TX: less expensive homes
- 12132, NY: higher priced homes
- 79094, TX: higher priced homes
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