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These days, finding an affordable place to live in the Manchester area can be challenging. Home prices in Manchester are now at a median cost of $205,751, lower than the Louisiana average of $235,139.
The average cost of rent is $1,325/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. In Manchester, 16.40% of households rent, and 45.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $5,619 per month. Households that rent pay about 23.58% of their income on rent here. Manchester’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Iowa, LA: higher priced homes
- Woodlawn, LA: higher priced homes
- Lacassine, LA: higher priced homes
- Fenton, LA: less expensive homes
- Holmwood, LA: higher priced homes
- Moss Bluff, LA: higher priced homes
- Hayes, LA: equally priced homes
- Bell City, LA: higher priced homes
- Lake Charles, LA: higher priced homes
- Welsh, LA: less expensive homes
Cities with Similar Populations
- Alex, OK: less expensive homes
- Vernon, OH: higher priced homes
- Brunson, SC: less expensive homes
- White Oak, WV: equally priced homes
- Brackney, PA: higher priced homes
- Bracken, IN: equally priced homes
- Boligee, AL: less expensive homes
- Blandford, MA: higher priced homes
- Bellvue, CO: higher priced homes
- Beechmont, KY: less expensive homes
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