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Affordable
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These days, finding an affordable place to live in the Ferriday area can be challenging. Home prices in Ferriday are now at a median cost of $97,186, lower than the Louisiana average of $235,139.
The average cost of rent is $704/mo in Ferriday, primarily driven by the current value of real estate in the Ferriday area. In Ferriday, 32.96% of households rent, and 67.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ferriday is $2,887 per month. Households that rent pay about 24.37% of their income on rent here. Ferriday’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Minorca, LA: equally priced homes
- Ridgecrest, LA: less expensive homes
- Red Gum, LA: higher priced homes
- Clayton, LA: higher priced homes
- Frogmore, LA: less expensive homes
- Vidalia, LA: higher priced homes
- St. Genevieve, LA: equally priced homes
- Canebrake, LA: higher priced homes
- Morville, LA: less expensive homes
- Spokane, LA: higher priced homes
Cities with Similar Populations
- Mifflintown, PA: higher priced homes
- Milton, WA: higher priced homes
- Millington, MI: higher priced homes
- Millersville, TN: higher priced homes
- Millersburg, PA: higher priced homes
- Millersburg, IN: higher priced homes
- Millers Creek, NC: higher priced homes
- Millen, GA: equally priced homes
- Milford, NJ: higher priced homes
- Milaca, MN: higher priced homes
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