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These days, finding an affordable place to live in the Ferry Lake area can be challenging. Home prices in Ferry Lake are now at a median cost of $106,882, lower than the Louisiana average of $235,139.
The average cost of rent is $692/mo in Ferry Lake, primarily driven by the current value of real estate in the Ferry Lake area. In Ferry Lake, 39.12% of households rent, and 51.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ferry Lake is $3,055 per month. Households that rent pay about 22.66% of their income on rent here. Ferry Lake’s most expensive areas are in the southwestern 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
- Oil City, LA: equally priced homes
- Mooringsport, LA: higher priced homes
- Uncertain, TX: higher priced homes
- Gray, TX: higher priced homes
- Blanchard, LA: higher priced homes
- Belcher, LA: higher priced homes
- Cavett, LA: higher priced homes
- Leigh, TX: higher priced homes
- Dixie, LA: higher priced homes
- Karnack, TX: higher priced homes
Cities with Similar Populations
- Roaring Springs, TX: less expensive homes
- Rauchtown, PA: higher priced homes
- Reliance, SD: higher priced homes
- Reo, IN: higher priced homes
- Rexford, MS: higher priced homes
- Rice, OH: higher priced homes
- Richardsville, PA: higher priced homes
- Richfield, CO: higher priced homes
- Ridgeport, IA: higher priced homes
- Ridgeville, PA: higher priced homes
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