Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Somerset area can be challenging. Home prices in Somerset are now at a median cost of $80,092, lower than the Louisiana average of $194,522.
The average cost of rent is $495/mo in Somerset, primarily driven by the current value of real estate in the Somerset area. While nearly 77.94% of residents own their homes outright in Somerset, 32.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerset is $2,233 per month. Households that rent pay about 22.19% of their income on rent here. Somerset's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Westwood, LA: higher priced homes
- Notnac, LA: equally priced homes
- Newellton, LA: equally priced homes
- Tensas Bluff, LA: higher priced homes
- Saranac, LA: higher priced homes
- Yokena, MS: less expensive homes
- Le Tourneau, MS: less expensive homes
- Swampers, LA: higher priced homes
- Longview, LA: higher priced homes
- Lorelein, LA: higher priced homes
Cities with Similar Populations
- Wittenberg, MO: higher priced homes
- Belvidere, KS: equally priced homes
- Bentley, IL: equally priced homes
- Beryl Junction, UT: higher priced homes
- Bethany, IN: higher priced homes
- Booktown, OH: higher priced homes
- Wilfred, IN: less expensive homes
- Willamette City, OR: higher priced homes
- Willow Grove, KY: higher priced homes
- Winona, MI: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood