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These days, finding an affordable place to live in the Marsalis area can be challenging. Home prices in Marsalis are now at a median cost of $85,000, lower than the Louisiana average of $194,522.
The average cost of rent is $848/mo in Marsalis, primarily driven by the current value of real estate in the Marsalis area. While nearly 78.45% of residents own their homes outright in Marsalis, 33.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Marsalis is $4,273 per month. Households that rent pay about 19.85% of their income on rent here. Marsalis's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Homer, LA: equally priced homes
- Arcadia, LA: equally priced homes
- Pratt, LA: equally priced homes
- Lisbon, LA: less expensive homes
Cities with Similar Populations
- Denning, NY: higher priced homes
- Valley-Hi, PA: higher priced homes
- Twilight, WV: less expensive homes
- Twentynine Palms Marine Corps Base, CA: higher priced homes
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- Eddyville, PA: equally priced homes
- DeSoto, MS: less expensive homes
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- Dentville, MS: higher priced homes
- Dennisville, NJ: higher priced homes
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