Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Independence area can be challenging. Home prices in Independence are now at a median cost of $177,682, lower than the Louisiana average of $194,522.
The average cost of rent is $809/mo in Independence, primarily driven by the current value of real estate in the Independence area. While nearly 53.45% of residents own their homes outright in Independence, 18.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Independence is $4,173 per month. Households that rent pay about 19.39% of their income on rent here. Independence's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Woodhaven, LA: equally priced homes
- Tickfaw, LA: less expensive homes
- Amite City, LA: less expensive homes
- Montpelier, LA: less expensive homes
- Akers, LA: higher priced homes
- Amite, LA: equally priced homes
- Kedron, LA: less expensive homes
- Grangeville, LA: higher priced homes
- Loranger, LA: equally priced homes
- Albany, LA: equally priced homes
Cities with Similar Populations
- Golden Valley, AZ: less expensive homes
- Hamburg, PA: equally priced homes
- Hallsville, TX: higher priced homes
- Halfway, MD: equally priced homes
- Haleiwa, HI: higher priced homes
- Haledon, NJ: higher priced homes
- Gypsum, CO: higher priced homes
- Guayanilla, PR: less expensive homes
- Greenville, IL: less expensive homes
- Greensboro, GA: higher priced homes
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