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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 $110,772, lower than the Louisiana average of $235,139.
The average cost of rent is $647/mo in Melville, primarily driven by the current value of real estate in the Melville area. In Melville, 29.62% of households rent, and 84.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Melville is $3,537 per month. Households that rent pay about 18.28% of their income on rent here. Melville’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elba, LA: higher priced homes
- Coon, LA: less expensive homes
- Palmetto, LA: equally priced homes
- Morganza, LA: higher priced homes
- Fordoche, LA: higher priced homes
- Krotz Springs, LA: equally priced homes
- Labarre, LA: higher priced homes
- Lottie, LA: higher priced homes
- Blanks, LA: higher priced homes
- Waxia, LA: higher 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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