Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmetto area can be challenging. Home prices in Palmetto are now at a median cost of $89,208, lower than the Louisiana average of $194,522.
The average cost of rent is $585/mo in Palmetto, primarily driven by the current value of real estate in the Palmetto area. While nearly 77.68% of residents own their homes outright in Palmetto, 30.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmetto is $2,684 per month. Households that rent pay about 21.82% of their income on rent here. Palmetto's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Rosa, LA: equally priced homes
- Lebeau, LA: higher priced homes
- Waxia, LA: higher priced homes
- Elba, LA: equally priced homes
- Melville, LA: higher priced homes
- Woodside, LA: higher priced homes
- Morrow, LA: higher priced homes
- Coon, LA: less expensive homes
- McCrea, LA: less expensive homes
- Le Moyen, LA: higher priced homes
Cities with Similar Populations
- Kanosh, UT: higher priced homes
- Yale, OH: higher priced homes
- Yakutat, AK: higher priced homes
- Woody Creek, CO: higher priced homes
- Hutton Valley, MO: higher priced homes
- Winchester, MS: higher priced homes
- Williamson, PA: higher priced homes
- Williams, OK: higher priced homes
- Industry, IL: equally priced homes
- Ingleside on the Bay, TX: higher priced homes
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