The Most Affordable Neighborhoods in Grand Isle, LA by Home Value

 

Grand Isle, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Grand Isle area can be challenging. Home prices in Grand Isle are now at a median cost of $230,213, higher than the Louisiana average of $194,522.

The average cost of rent is $1,148/mo in Grand Isle, primarily driven by the current value of real estate in the Grand Isle area. While nearly 65.06% of residents own their homes outright in Grand Isle, 38.60% rent.

Housing affordability isn’t just about home prices, though. The average household income in Grand Isle is $6,234 per month. Households that rent pay about 18.41% of their income on rent here. Grand Isle's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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