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Affordable
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These days, finding an affordable place to live in the Delhi area can be challenging. Home prices in Delhi are now at a median cost of $120,395, lower than the Louisiana average of $235,139.
The average cost of rent is $941/mo in Delhi, primarily driven by the current value of real estate in the Delhi area. In Delhi, 40.80% 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 Delhi is $4,774 per month. Households that rent pay about 19.71% of their income on rent here. Delhi’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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