Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Shore area can be challenging. Home prices in Lake Shore are now at a median cost of $630,488, higher than the New Orleans average of $247,441.
The average cost of rent is $1,619/mo in Lake Shore, primarily driven by the current value of real estate in the Lake Shore area. While nearly 46.30% of residents own their homes outright in Lake Shore, 10.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Shore is $12,357 per month. Households that rent pay about 13.11% of their income on rent here. Lake Shore's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Lakeview, New Orleans, LA: less expensive homes
- West End, New Orleans, LA: less expensive homes
- Fillmore, New Orleans, LA: less expensive homes
- Lake Terrace and Oaks, New Orleans, LA: less expensive homes
- Saint Anthony, New Orleans, LA: less expensive homes
- Dillard, New Orleans, LA: less expensive homes
- Milneburg, New Orleans, LA: less expensive homes
- Lakewood, New Orleans, LA: higher priced homes
- Fairgrounds, New Orleans, LA: less expensive homes
- Gentilly Terrace, New Orleans, LA: less expensive homes
Neighborhoods with Similar Populations
- Craig Farms, Port Orange, FL: less expensive homes
- South Broadway, Albuquerque, NM: less expensive homes
- South Beach Miami Beach, Miami Beach, FL: equally priced homes
- East Hillside, Duluth, MN: less expensive homes
- Downtown West, Gary, IN: less expensive homes
- Doffing, Mission, TX: less expensive homes
- Crossroads-Riverbank, Riverbank, CA: less expensive homes
- Crescent Park, Palo Alto, CA: higher priced homes
- Crary-St Marys, Detroit, MI: less expensive homes
- South Houston Gardens, Pasadena, TX: less expensive homes
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