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Affordable
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These days, finding an affordable place to live in the Hardwood area can be challenging. Home prices in Hardwood are now at a median cost of $682,487, higher than the Louisiana average of $235,139.
The average cost of rent is $1,155/mo in Hardwood, primarily driven by the current value of real estate in the Hardwood area. In Hardwood, 32.54% of households rent, and 28.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hardwood is $6,458 per month. Households that rent pay about 17.88% of their income on rent here. Hardwood’s most expensive areas are in the eastern 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.
Nearby Cities
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Cities with Similar Populations
- Posey, IL: less expensive homes
- Newton Falls, NY: less expensive homes
- Newtown, MD: less expensive homes
- Nile, WV: less expensive homes
- Nodaway, IA: less expensive homes
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- Nonpareil, OR: less expensive homes
- Norristown, IN: less expensive homes
- North Brookfield, NY: less expensive homes
- North Easton, NY: less expensive homes
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