The Most Affordable Neighborhoods in Holly Grove, New Orleans, LA by Home Value

 

Holly Grove, New Orleans, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Holly Grove area can be challenging. Home prices in Holly Grove are now at a median cost of $178,872, lower than the New Orleans average of $247,441.

The average cost of rent is $972/mo in Holly Grove, primarily driven by the current value of real estate in the Holly Grove area. While nearly 64.95% of residents own their homes outright in Holly Grove, 51.80% rent.

Housing affordability isn’t just about home prices, though. The average household income in Holly Grove is $2,233 per month. Households that rent pay about 43.54% of their income on rent here. Holly Grove's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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