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Affordable
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These days, finding an affordable place to live in the Canebrake area can be challenging. Home prices in Canebrake are now at a median cost of $286,400, higher than the Louisiana average of $235,139.
The average cost of rent is $625/mo in Canebrake, primarily driven by the current value of real estate in the Canebrake area. In Canebrake, 7.40% of households rent, and 62.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canebrake is $6,708 per month. Households that rent pay about 9.32% of their income on rent here. Canebrake’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spokane, LA: equally priced homes
- Red Gum, LA: less expensive homes
- Pine Ridge, MS: less expensive homes
- Clayton, LA: less expensive homes
- Minorca, LA: less expensive homes
- Ferriday, LA: less expensive homes
- Vidalia, LA: less expensive homes
- Ridgecrest, LA: less expensive homes
- Natchez, MS: less expensive homes
- Stanton, MS: less expensive homes
Cities with Similar Populations
- Manchester, SD: less expensive homes
- Orland, OH: equally priced homes
- Oriskany, VA: less expensive homes
- Newhalem, WA: higher priced homes
- New Concord, NY: higher priced homes
- Merrickville, NY: less expensive homes
- Melstrand, MI: less expensive homes
- McCarty, MO: less expensive homes
- Mc Dermitt, OR: less expensive homes
- Martin, UT: higher priced homes
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