Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hotwells area can be challenging. Home prices in Hotwells are now at a median cost of $161,800, lower than the Louisiana average of $194,522.
The average cost of rent is $759/mo in Hotwells, primarily driven by the current value of real estate in the Hotwells area. While nearly 57.66% of residents own their homes outright in Hotwells, 29.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hotwells is $3,978 per month. Households that rent pay about 19.08% of their income on rent here. Hotwells's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Wilda, LA: less expensive homes
- Boyce, LA: less expensive homes
- Gardner, LA: less expensive homes
- Otis, LA: less expensive homes
- Lena, LA: less expensive homes
- Rapides, LA: less expensive homes
- Sharp, LA: less expensive homes
- Rock, LA: equally priced homes
- Weil, LA: higher priced homes
- Stille, LA: equally priced homes
Cities with Similar Populations
- Darco, TX: less expensive homes
- Stony Fork, NC: higher priced homes
- Stony Battery, VA: less expensive homes
- Stillwater, WA: higher priced homes
- Dunbar, SC: less expensive homes
- Dial, GA: higher priced homes
- Dexter, MN: higher priced homes
- Dewey, IL: higher priced homes
- Dennison, MN: higher priced homes
- Dempsey, WV: equally priced homes
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