Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Era area can be challenging. Home prices in New Era are now at a median cost of $109,761, lower than the Louisiana average of $194,522.
The average cost of rent is $730/mo in New Era, primarily driven by the current value of real estate in the New Era area. While nearly 50.66% of residents own their homes outright in New Era, 23.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Era is $3,181 per month. Households that rent pay about 22.96% of their income on rent here. New Era's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Monterey, LA: equally priced homes
- Parhams, LA: equally priced homes
- Vick, LA: higher priced homes
- Buckeye, LA: higher priced homes
- Effie, LA: higher priced homes
Cities with Similar Populations
- Taylor, OK: less expensive homes
- Hammond, MT: higher priced homes
- Hanna, SD: higher priced homes
- Hansboro, ND: less expensive homes
- Hardin Heights, FL: less expensive homes
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- Hartley, SD: less expensive homes
- Hazel, WA: higher priced homes
- Tamarack, MI: less expensive homes
- Hacksneck, VA: higher priced homes
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