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These days, finding an affordable place to live in the 71405 area can be challenging. Home prices in 71405 are now at a median cost of $178,212, lower than the Louisiana average of $235,139.
The average cost of rent is $1,287/mo in 71405, primarily driven by the current value of real estate in the 71405 area. In 71405, 20.37% of households rent, and 39.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71405 is $6,709 per month. Households that rent pay about 19.19% of their income on rent here. 71405’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 71360, LA: higher priced homes
- 71467, LA: equally priced homes
- 71407, LA: higher priced homes
- 71423, LA: equally priced homes
- 71328, LA: equally priced homes
- 71417, LA: less expensive homes
- 71409, LA: equally priced homes
- 71447, LA: less expensive homes
- 71427, LA: less expensive homes
- 71416, LA: less expensive homes
Zip Codes with Similar Populations
- 00968, PR: higher priced homes
- 26150, WV: equally priced homes
- 77360, TX: equally priced homes
- 79356, TX: less expensive homes
- 80310, CO: higher priced homes
- 83340, ID: higher priced homes
- 83455, ID: higher priced homes
- 87417, NM: higher priced homes
- 87547, NM: higher priced homes
- 92363, CA: equally priced homes
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