Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melville area can be challenging. Home prices in Melville are now at a median cost of $124,801, lower than the Louisiana average of $194,522.
The average cost of rent is $402/mo in Melville, primarily driven by the current value of real estate in the Melville area. While nearly 81.69% of residents own their homes outright in Melville, 17.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melville is $3,112 per month. Households that rent pay about 12.93% of their income on rent here. Melville's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Elba, LA: less expensive homes
- Coon, LA: less expensive homes
- Palmetto, LA: less expensive homes
- Morganza, LA: equally priced homes
- Fordoche, LA: higher priced homes
- Krotz Springs, LA: less expensive homes
- Labarre, LA: higher priced homes
- Lottie, LA: higher priced homes
- Blanks, LA: higher priced homes
- Waxia, LA: equally priced homes
Cities with Similar Populations
- Sadsburyville, PA: higher priced homes
- Norvell, MI: higher priced homes
- Puako, HI: higher priced homes
- Remer, MN: higher priced homes
- Renova, MS: higher priced homes
- Revere, PA: higher priced homes
- Richwood, MN: higher priced homes
- Riddleton, TN: higher priced homes
- Ridgeway, IA: higher priced homes
- Rocky Ridge, UT: higher priced homes
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