Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Mid-City area can be challenging. Home prices in Mid-City are now at a median cost of $396,632, higher than the New Orleans average of $308,345.
The average cost of rent is $1,439/mo in Mid-City, primarily driven by the current value of real estate in the Mid-City area. In Mid-City, 72.48% of households rent, and 40.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mid-City is $6,114 per month. Households that rent pay about 23.54% of their income on rent here. Mid-City’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Gert Town, New Orleans, LA: equally priced homes
- Bayou St John, New Orleans, LA: higher priced homes
- Tulane Gravier, New Orleans, LA: less expensive homes
- Holly Grove, New Orleans, LA: less expensive homes
- Treme' Lafitte, New Orleans, LA: equally priced homes
- Marlyville, New Orleans, LA: higher priced homes
- Fairgrounds, New Orleans, LA: equally priced homes
- Broadmoor, New Orleans, LA: equally priced homes
- Lakewood, New Orleans, LA: higher priced homes
- Seventh Ward, New Orleans, LA: less expensive homes
Neighborhoods with Similar Populations
- Album Park, El Paso, TX: less expensive homes
- Winter Gardens, Lakeside, CA: higher priced homes
- Archer Heights, Chicago, IL: less expensive homes
- Windsor Park, Chicago, IL: less expensive homes
- Wilkes, Portland, OR: equally priced homes
- Aurora Highlands, Arlington, VA: higher priced homes
- Whittenton, Taunton, MA: equally priced homes
- Bayshore-Klatt, Anchorage, AK: equally priced homes
- West Pullman, Chicago, IL: less expensive homes
- North Stamford, Stamford, CT: higher priced homes
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