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Affordable
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These days, finding an affordable place to live in the Nebo area can be challenging. Home prices in Nebo are now at a median cost of $122,559, lower than the Louisiana average of $235,139.
The average cost of rent is $695/mo in Nebo, primarily driven by the current value of real estate in the Nebo area. In Nebo, 16.46% of households rent, and 70.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nebo is $5,097 per month. Households that rent pay about 13.64% of their income on rent here. Nebo’s most expensive areas are in the eastern 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
- Eden, LA: equally priced homes
- Rogers, LA: less expensive homes
- Jena, LA: higher priced homes
- Walters, LA: higher priced homes
- Trout, LA: higher priced homes
- White Sulphur Springs, LA: equally priced homes
- Holloway, LA: higher priced homes
- Manifest, LA: less expensive homes
- Utility, LA: higher priced homes
- Fishville, LA: equally priced homes
Cities with Similar Populations
- Glasgow, IA: higher priced homes
- Welcome, AR: higher priced homes
- Green Lake, TX: higher priced homes
- Gratz, KY: higher priced homes
- Grand Chenier, LA: higher priced homes
- Graff, MO: higher priced homes
- Graceton, MN: higher priced homes
- Graball, TN: higher priced homes
- Godsey, SC: higher priced homes
- Glenwood, VA: higher priced homes
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