Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Light area can be challenging. Home prices in New Light are now at a median cost of $91,516, lower than the Louisiana average of $194,522.
The average cost of rent is $801/mo in New Light, primarily driven by the current value of real estate in the New Light area. While nearly 73.16% of residents own their homes outright in New Light, 13.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Light is $3,936 per month. Households that rent pay about 20.35% of their income on rent here. New Light's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Como, LA: less expensive homes
- Winnsboro, LA: less expensive homes
- Big Creek, LA: less expensive homes
- Baskin, LA: equally priced homes
- Crowville, LA: less expensive homes
- Liddieville, LA: higher priced homes
- Mangham, LA: higher priced homes
- Baskinton, LA: equally priced homes
- Charlieville, LA: higher priced homes
- Longview, LA: higher priced homes
Cities with Similar Populations
- Zuehl, TX: higher priced homes
- Danevang, TX: higher priced homes
- Cocolamus, PA: higher priced homes
- Chester Gap, VA: higher priced homes
- Charleston, PA: higher priced homes
- Charleston, ME: higher priced homes
- Chandlerville, IL: less expensive homes
- Cayuta, NY: higher priced homes
- Carlotta, CA: higher priced homes
- West Lincoln, MS: less expensive homes
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