The Most Affordable Neighborhoods in Timberlane, LA by Home Value

 

Timberlane, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Timberlane area can be challenging. Home prices in Timberlane are now at a median cost of $181,586, lower than the Louisiana average of $194,522.

The average cost of rent is $1,408/mo in Timberlane, primarily driven by the current value of real estate in the Timberlane area. While nearly 40.00% of residents own their homes outright in Timberlane, 26.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in Timberlane is $5,117 per month. Households that rent pay about 27.52% of their income on rent here. Timberlane's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.


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