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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 $89,000, lower than the Louisiana average of $235,139.
The average cost of rent is $1,094/mo in Marsalis, primarily driven by the current value of real estate in the Marsalis area. In Marsalis, 31.80% of households rent, and 44.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marsalis is $3,899 per month. Households that rent pay about 28.06% of their income on rent here. Marsalis’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Lisbon, LA: less expensive homes
Cities with Similar Populations
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