Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Roads area can be challenging. Home prices in New Roads are now at a median cost of $161,324, lower than the Louisiana average of $194,522.
The average cost of rent is $835/mo in New Roads, primarily driven by the current value of real estate in the New Roads area. While nearly 44.37% of residents own their homes outright in New Roads, 34.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Roads is $4,282 per month. Households that rent pay about 19.50% of their income on rent here. New Roads's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Ventress, LA: higher priced homes
- Wickliffe, LA: higher priced homes
- Mix, LA: equally priced homes
- Jarreau, LA: higher priced homes
- Hardwood, LA: higher priced homes
- Rougon, LA: equally priced homes
- Glynn, LA: equally priced homes
- Labarre, LA: equally priced homes
- Morganza, LA: less expensive homes
- Bueche, LA: higher priced homes
Cities with Similar Populations
- Collinsville, VA: less expensive homes
- Strasburg, CO: higher priced homes
- Stow, MA: higher priced homes
- Storrs Mansfield, CT: higher priced homes
- Stony Point, NC: higher priced homes
- Stonewall, LA: higher priced homes
- Springhill, LA: less expensive homes
- Springfield, MI: less expensive homes
- Shelby, MI: less expensive homes
- Ridgeway, SC: equally priced homes
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