The Most Affordable Neighborhoods in Tall Timbers, New Orleans, LA by Home Value

 

Tall Timbers, New Orleans, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tall Timbers area can be challenging. Home prices in Tall Timbers are now at a median cost of $155,576, lower than the New Orleans average of $247,441.

The average cost of rent is $1,074/mo in Tall Timbers, primarily driven by the current value of real estate in the Tall Timbers area. While nearly 41.92% of residents own their homes outright in Tall Timbers, 69.18% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tall Timbers is $4,789 per month. Households that rent pay about 22.43% of their income on rent here. Tall Timbers's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.


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