Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Central City area can be challenging. Home prices in Central City are now at a median cost of $239,005, lower than the New Orleans average of $247,441.
The average cost of rent is $868/mo in Central City, primarily driven by the current value of real estate in the Central City area. While nearly 59.08% of residents own their homes outright in Central City, 74.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Central City is $2,613 per month. Households that rent pay about 33.22% of their income on rent here. Central City's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Milan, New Orleans, LA: higher priced homes
- Lower Garden District, New Orleans, LA: higher priced homes
- Broadmoor, New Orleans, LA: higher priced homes
- Central Business District, New Orleans, LA: higher priced homes
- Irish Channel, New Orleans, LA: higher priced homes
- Tulane Gravier, New Orleans, LA: higher priced homes
- Uptown, New Orleans, LA: higher priced homes
- Marlyville, New Orleans, LA: higher priced homes
- Gert Town, New Orleans, LA: less expensive homes
- Audubon, New Orleans, LA: higher priced homes
Neighborhoods with Similar Populations
- North Stamford, Stamford, CT: higher priced homes
- Montopolis, Austin, TX: equally priced homes
- Mt Pleasant, Cleveland, OH: less expensive homes
- Neighbors Southwest, Beaverton, OR: higher priced homes
- North Beach, Atlantic Beach, FL: equally priced homes
- North Broadway, Newark, NJ: higher priced homes
- North Clairemont, San Diego, CA: higher priced homes
- North Plymouth, Plymouth, MA: higher priced homes
- North Shores, North Bay Village, FL: higher priced homes
- Montclare, Elmwood Park, IL: equally priced homes
All Local Stats
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