Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Iberia area can be challenging. Home prices in New Iberia are now at a median cost of $141,158, lower than the Louisiana average of $194,522.
The average cost of rent is $832/mo in New Iberia, primarily driven by the current value of real estate in the New Iberia area. While nearly 56.69% of residents own their homes outright in New Iberia, 30.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Iberia is $5,005 per month. Households that rent pay about 16.62% of their income on rent here. New Iberia's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Olivier, LA: higher priced homes
- Cade, LA: equally priced homes
- Oubre, LA: higher priced homes
- Albania, LA: less expensive homes
- Lydia, LA: less expensive homes
- Loreauville, LA: higher priced homes
- Lozes, LA: less expensive homes
- Jefferson Island, LA: higher priced homes
- Avery Island, LA: higher priced homes
- Levert, LA: less expensive homes
Cities with Similar Populations
- Potomac, MD: higher priced homes
- Hoffman Estates, IL: higher priced homes
- Kendale Lakes, FL: higher priced homes
- Liverpool, NY: equally priced homes
- Logan, UT: higher priced homes
- Meridian, MS: equally priced homes
- Methuen Town, MA: higher priced homes
- New Bern, NC: higher priced homes
- Port Arthur, TX: less expensive homes
- Beaumont, CA: higher priced homes
All Local Stats
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