Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morvant area can be challenging. Home prices in Morvant are now at a median cost of $171,447, lower than the Louisiana average of $194,522.
The average cost of rent is $285/mo in Morvant, primarily driven by the current value of real estate in the Morvant area. While nearly 35.49% of residents own their homes outright in Morvant, 12.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morvant is $7,022 per month. Households that rent pay about 4.05% of their income on rent here. Morvant's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Laurel Grove, LA: higher priced homes
- Leighton, LA: higher priced homes
- Labadieville, LA: less expensive homes
- Thibodaux, LA: higher priced homes
- Choupique, LA: less expensive homes
- Georgia, LA: less expensive homes
- Supreme, LA: less expensive homes
- Chackbay, LA: higher priced homes
- Chula, LA: less expensive homes
- Schriever, LA: higher priced homes
Cities with Similar Populations
- Dunbar, WI: less expensive homes
- Watkinsville, KY: equally priced homes
- Watertown, MI: less expensive homes
- Water View, VA: higher priced homes
- Warren, OK: equally priced homes
- Ward, SD: higher priced homes
- Tonyville, CA: higher priced homes
- Esofea, WI: higher priced homes
- Elliott, IA: less expensive homes
- Eldorado Springs, CO: higher priced homes
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