Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reserve area can be challenging. Home prices in Reserve are now at a median cost of $122,657, lower than the Louisiana average of $194,522.
The average cost of rent is $1,111/mo in Reserve, primarily driven by the current value of real estate in the Reserve area. While nearly 78.13% of residents own their homes outright in Reserve, 18.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reserve is $3,315 per month. Households that rent pay about 33.51% of their income on rent here. Reserve's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Edgard, LA: higher priced homes
- Laplace, LA: higher priced homes
- Garyville, LA: equally priced homes
- Mount Airy, LA: higher priced homes
- Killona, LA: higher priced homes
- Wallace, LA: higher priced homes
- Gramercy, LA: higher priced homes
- Norco, LA: higher priced homes
- Lutcher, LA: higher priced homes
- North Vacherie, LA: equally priced homes
Cities with Similar Populations
- Alta Sierra, CA: higher priced homes
- Alfred, ME: higher priced homes
- Algona, IA: higher priced homes
- Osage Beach, MO: higher priced homes
- Osceola, AR: less expensive homes
- Orwigsburg, PA: higher priced homes
- Orofino, ID: higher priced homes
- Ormond-by-the-Sea, FL: higher priced homes
- Orleans, MA: higher priced homes
- Orchard Homes, MT: higher priced homes
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