The Most Affordable Neighborhoods in Greenwell Springs, LA by Home Value

 

Greenwell Springs, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Greenwell Springs area can be challenging. Home prices in Greenwell Springs are now at a median cost of $253,110, higher than the Louisiana average of $194,522.

The average cost of rent is $1,134/mo in Greenwell Springs, primarily driven by the current value of real estate in the Greenwell Springs area. While nearly 43.08% of residents own their homes outright in Greenwell Springs, 9.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in Greenwell Springs is $7,046 per month. Households that rent pay about 16.09% of their income on rent here. Greenwell Springs's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.


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