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These days, finding an affordable place to live in the Chatham area can be challenging. Home prices in Chatham are now at a median cost of $100,102, lower than the Louisiana average of $235,139.
The average cost of rent is $971/mo in Chatham, primarily driven by the current value of real estate in the Chatham area. In Chatham, 31.08% of households rent, and 63.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chatham is $4,234 per month. Households that rent pay about 22.93% of their income on rent here. Chatham’s most expensive areas are in the southwestern 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
- Womack, LA: higher priced homes
- Vernon, LA: equally priced homes
- Weston, LA: higher priced homes
- Okaloosa, LA: higher priced homes
- Vixen, LA: higher priced homes
- Gaars Mill, LA: equally priced homes
- Jonesboro, LA: equally priced homes
- Quitman, LA: higher priced homes
- East Hodge, LA: equally priced homes
- Hodge, LA: equally priced homes
Cities with Similar Populations
- Riviera, TX: higher priced homes
- Copake, NY: higher priced homes
- Coverdale Crossroads, DE: higher priced homes
- Crestone, CO: higher priced homes
- Diablo, CA: higher priced homes
- Donahue, IA: higher priced homes
- Eastford, CT: higher priced homes
- Lebo, KS: higher priced homes
- Parsonsfield, ME: higher priced homes
- Princeton, ME: higher priced homes
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