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Affordable
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These days, finding an affordable place to live in the 71407 area can be challenging. Home prices in 71407 are now at a median cost of $204,604, lower than the Louisiana average of $235,139.
The average cost of rent is $1,005/mo in 71407, primarily driven by the current value of real estate in the 71407 area. In 71407, 32.16% of households rent, and 67.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71407 is $8,475 per month. Households that rent pay about 11.86% of their income on rent here. 71407’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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
- 71423, LA: less expensive homes
- 71467, LA: less expensive homes
- 71417, LA: less expensive homes
- 71405, LA: less expensive homes
- 71447, LA: less expensive homes
- 71371, LA: less expensive homes
- 71454, LA: less expensive homes
- 71416, LA: less expensive homes
- 71342, LA: less expensive homes
- 71452, LA: less expensive homes
Zip Codes with Similar Populations
- 42533, KY: less expensive homes
- 81643, CO: higher priced homes
- 81525, CO: higher priced homes
- 48856, MI: less expensive homes
- 47116, IN: less expensive homes
- 46990, IN: less expensive homes
- 45778, OH: less expensive homes
- 45695, OH: less expensive homes
- 43501, OH: less expensive homes
- 82433, WY: higher priced homes
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