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These days, finding an affordable place to live in the Springhill area can be challenging. Home prices in Springhill are now at a median cost of $121,395, lower than the Louisiana average of $235,139.
The average cost of rent is $728/mo in Springhill, primarily driven by the current value of real estate in the Springhill area. In Springhill, 41.61% of households rent, and 74.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springhill is $4,188 per month. Households that rent pay about 17.38% of their income on rent here. Springhill’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cullen, LA: less expensive homes
- Welcome, AR: higher priced homes
- Porterville, LA: less expensive homes
- State Line, AR: less expensive homes
- Sarepta, LA: less expensive homes
- Carterville, LA: less expensive homes
- Taylor, AR: equally priced homes
- Old Shongaloo, LA: equally priced homes
- Redland, LA: less expensive homes
- Shongaloo, LA: less expensive homes
Cities with Similar Populations
- Carlyle, IL: higher priced homes
- Centreville, IL: less expensive homes
- Central Gardens, TX: higher priced homes
- Cave Junction, OR: higher priced homes
- Cave City, KY: higher priced homes
- Catharpin, VA: higher priced homes
- Catawissa, PA: higher priced homes
- Castalian Springs, TN: higher priced homes
- Cassville, MO: higher priced homes
- Cassopolis, MI: higher priced homes
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