The Most Affordable Neighborhoods in Village de L'Est, New Orleans, LA by Home Value

 

Village de L'Est, New Orleans, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Village de L'Est area can be challenging. Home prices in Village de L'Est are now at a median cost of $143,151, lower than the New Orleans average of $247,441.

The average cost of rent is $1,125/mo in Village de L'Est, primarily driven by the current value of real estate in the Village de L'Est area. While nearly 81.99% of residents own their homes outright in Village de L'Est, 44.67% rent.

Housing affordability isn’t just about home prices, though. The average household income in Village de L'Est is $3,078 per month. Households that rent pay about 36.55% of their income on rent here. Village de L'Est's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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