The Most Affordable Neighborhoods in Buras, LA by Home Value

 

Buras, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Buras area can be challenging. Home prices in Buras are now at a median cost of $57,010, lower than the Louisiana average of $194,522.

The average cost of rent is $529/mo in Buras, primarily driven by the current value of real estate in the Buras area. While nearly 63.36% of residents own their homes outright in Buras, 12.14% rent.

Housing affordability isn’t just about home prices, though. The average household income in Buras is $4,295 per month. Households that rent pay about 12.32% of their income on rent here. Buras's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.


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