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These days, finding an affordable place to live in the Ludington area can be challenging. Home prices in Ludington are now at a median cost of $167,973, lower than the Louisiana average of $235,139.
The average cost of rent is $1,109/mo in Ludington, primarily driven by the current value of real estate in the Ludington area. In Ludington, 26.18% of households rent, and 47.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ludington is $6,025 per month. Households that rent pay about 18.40% of their income on rent here. Ludington’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rosepine, LA: higher priced homes
- Deridder, LA: equally priced homes
- Ikes, LA: equally priced homes
- Junction, LA: less expensive homes
- Sandy Hill, LA: less expensive homes
- Evans, LA: equally priced homes
- Merryville, LA: less expensive homes
- Sugartown, LA: equally priced homes
- Pitkin, LA: less expensive homes
- Buckhorn, TX: less expensive homes
Cities with Similar Populations
- Gallina, NM: higher priced homes
- Virginia Dale, CO: higher priced homes
- Viola, MN: higher priced homes
- Viola, IA: higher priced homes
- Vernon, LA: less expensive homes
- Vernon, IN: equally priced homes
- Verdon, NE: less expensive homes
- Venice Center, NY: equally priced homes
- Venia, VA: less expensive homes
- Vaughn, NM: less expensive homes
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