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Affordable
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These days, finding an affordable place to live in the Peason area can be challenging. Home prices in Peason are now at a median cost of $150,500, lower than the Louisiana average of $235,139.
The average cost of rent is $1,028/mo in Peason, primarily driven by the current value of real estate in the Peason area. In Peason, 13.38% of households rent, and 66.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peason is $4,100 per month. Households that rent pay about 25.07% of their income on rent here. Peason’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Carmel, LA: equally priced homes
- Hornbeck, LA: less expensive homes
- Florien, LA: less expensive homes
- Fisher, LA: less expensive homes
- Rattan, LA: less expensive homes
- Kisatchie, LA: equally priced homes
- Vowells Mill, LA: higher priced homes
- Many, LA: higher priced homes
- Negreet, LA: higher priced homes
- Provencal, LA: equally priced homes
Cities with Similar Populations
- St. Omer, IN: equally priced homes
- South Randolph, WI: higher priced homes
- Sparkling Springs, VA: higher priced homes
- Sparks, NE: less expensive homes
- Speedsville, NY: equally priced homes
- Speidel, OH: higher priced homes
- Spivey, KS: less expensive homes
- Split Rock, PA: higher priced homes
- Spragueville, ME: higher priced homes
- Spring Garden, MO: less expensive homes
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