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These days, finding an affordable place to live in the 71416 area can be challenging. Home prices in 71416 are now at a median cost of $171,377, lower than the Louisiana average of $194,522.
The average cost of rent is $749/mo in 71416, primarily driven by the current value of real estate in the 71416 area. While nearly 48.90% of residents own their homes outright in 71416, 50.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 71416 is $2,909 per month. Households that rent pay about 25.76% of their income on rent here. 71416's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 71452, LA: higher priced homes
- 71454, LA: less expensive homes
- 71447, LA: less expensive homes
- 71456, LA: higher priced homes
- 71417, LA: less expensive homes
- 71468, LA: less expensive homes
- 71423, LA: equally priced homes
- 71469, LA: less expensive homes
- 71407, LA: higher priced homes
- 71467, LA: equally priced homes
Zip Codes with Similar Populations
- 36569, AL: less expensive homes
- 93258, CA: less expensive homes
- 95227, CA: higher priced homes
- 95251, CA: higher priced homes
- 95317, CA: higher priced homes
- 95387, CA: higher priced homes
- 99157, WA: equally priced homes
- 38259, TN: less expensive homes
- 36688, AL: higher priced homes
- 92317, CA: higher priced homes
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