The Most Affordable Neighborhoods in Broadmoor-Sherwood, Baton Rouge, LA by Home Value

 

Broadmoor-Sherwood, Baton Rouge, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Broadmoor-Sherwood area can be challenging. Home prices in Broadmoor-Sherwood are now at a median cost of $225,678, lower than the Baton Rouge average of $257,077.

The average cost of rent is $1,254/mo in Broadmoor-Sherwood, primarily driven by the current value of real estate in the Broadmoor-Sherwood area. In Broadmoor-Sherwood, 30.99% of households rent, and 39.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Broadmoor-Sherwood is $6,547 per month. Households that rent pay about 19.16% of their income on rent here. Broadmoor-Sherwood’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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