The Most Affordable Neighborhoods in Lake Arthur, LA by Home Value

 

Lake Arthur, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Arthur area can be challenging. Home prices in Lake Arthur are now at a median cost of $99,940, lower than the Louisiana average of $194,522.

The average cost of rent is $538/mo in Lake Arthur, primarily driven by the current value of real estate in the Lake Arthur area. While nearly 64.77% of residents own their homes outright in Lake Arthur, 28.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Arthur is $4,064 per month. Households that rent pay about 13.25% of their income on rent here. Lake Arthur's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.


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