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Affordable
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These days, finding an affordable place to live in the Sorrel area can be challenging. Home prices in Sorrel are now at a median cost of $74,877, lower than the Louisiana average of $235,139.
The average cost of rent is $1,039/mo in Sorrel, primarily driven by the current value of real estate in the Sorrel area. In Sorrel, 6.74% of households rent, and 82.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sorrel is $4,639 per month. Households that rent pay about 22.40% of their income on rent here. Sorrel’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jeanerette, LA: higher priced homes
- Glencoe, LA: higher priced homes
- Hubertville, LA: higher priced homes
- Baldwin, LA: higher priced homes
- Patoutville, LA: higher priced homes
- Freetown, LA: higher priced homes
- Charenton, LA: higher priced homes
- Albania, LA: higher priced homes
- Lydia, LA: higher priced homes
- Olivier, LA: higher priced homes
Cities with Similar Populations
- Olena, IL: higher priced homes
- Prathersville, MO: higher priced homes
- Port Tobacco Village, MD: higher priced homes
- Pennville, MO: higher priced homes
- Pearl Creek Colony, SD: higher priced homes
- Peacock, AL: higher priced homes
- Padus, WI: higher priced homes
- Oxberry, MS: higher priced homes
- Onego, WV: higher priced homes
- Preston, NV: higher priced homes
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