Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mandalay area can be challenging. Home prices in Mandalay are now at a median cost of $259,820, higher than the Louisiana average of $194,522.
The average cost of rent is $849/mo in Mandalay, primarily driven by the current value of real estate in the Mandalay area. While nearly 28.13% of residents own their homes outright in Mandalay, 2.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mandalay is $8,541 per month. Households that rent pay about 9.94% of their income on rent here. Mandalay's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Houma, LA: less expensive homes
- Bayou Cane, LA: less expensive homes
- Crescent, LA: higher priced homes
- Bayou Blue, LA: less expensive homes
- Presquille, LA: equally priced homes
- Gray, LA: less expensive homes
- Bourg, LA: less expensive homes
- Gibson, LA: less expensive homes
- Theriot, LA: less expensive homes
- Dulac, LA: less expensive homes
Cities with Similar Populations
- Oakhurst, SC: less expensive homes
- Quenemo, KS: less expensive homes
- Powers Lake, ND: less expensive homes
- Picture Rocks, PA: less expensive homes
- Peck, ID: less expensive homes
- Paragonah, UT: less expensive homes
- Palo Pinto, TX: less expensive homes
- Packard Heights, MA: less expensive homes
- Old Chatham, NY: higher priced homes
- Olcott, NY: less expensive homes
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