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These days, finding an affordable place to live in the Irma area can be challenging. Home prices in Irma are now at a median cost of $117,839, lower than the Louisiana average of $235,139.
The average cost of rent is $877/mo in Irma, primarily driven by the current value of real estate in the Irma area. In Irma, 22.93% of households rent, and 65.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Irma is $3,587 per month. Households that rent pay about 24.46% of their income on rent here. Irma’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clarence, LA: higher priced homes
- St. Maurice, LA: less expensive homes
- Natchitoches, LA: higher priced homes
- Natchez, LA: higher priced homes
- Kadesh, LA: less expensive homes
- Wheeling, LA: less expensive homes
- Odra, LA: equally priced homes
- Powhatan, LA: higher priced homes
- Montgomery, LA: less expensive homes
- Hagewood, LA: higher priced homes
Cities with Similar Populations
- Dunn, TX: higher priced homes
- East Livermore, ME: higher priced homes
- East Krok, WI: higher priced homes
- East Fryeburg, ME: higher priced homes
- East Cabot, VT: higher priced homes
- Eagles Mere, PA: higher priced homes
- Dwale, KY: less expensive homes
- Dutch John, UT: higher priced homes
- Durham, NY: higher priced homes
- Sunflower, AL: higher priced homes
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