Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lakewood area can be challenging. Home prices in Lakewood are now at a median cost of $706,917, higher than the New Orleans average of $247,441.
The average cost of rent is $2,196/mo in Lakewood, primarily driven by the current value of real estate in the Lakewood area. While nearly 45.29% of residents own their homes outright in Lakewood, 17.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lakewood is $13,851 per month. Households that rent pay about 15.85% of their income on rent here. Lakewood's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Holly Grove, New Orleans, LA: less expensive homes
- West End, New Orleans, LA: less expensive homes
- Lakeview, New Orleans, LA: less expensive homes
- Mid-City, New Orleans, LA: less expensive homes
- Gert Town, New Orleans, LA: less expensive homes
- Leonidas, New Orleans, LA: less expensive homes
- Bayou St John, New Orleans, LA: less expensive homes
- Marlyville, New Orleans, LA: less expensive homes
- Fairgrounds, New Orleans, LA: less expensive homes
- Lake Shore, New Orleans, LA: less expensive homes
Neighborhoods with Similar Populations
- Almeta-Bonita-Bella Vista, Garland, TX: less expensive homes
- Williamsburg, Arlington, VA: higher priced homes
- Willow Park, Fargo, ND: less expensive homes
- Bakersville, Manchester, NH: less expensive homes
- Baker, Mobile, AL: less expensive homes
- Wilshire Park, Midland, TX: less expensive homes
- Winter Halter, Detroit, MI: less expensive homes
- Bellevue, Richmond, VA: less expensive homes
- Agua Dulce, El Paso, TX: less expensive homes
- Acorn, Oakland, CA: higher priced homes
All Local Stats
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