The Most Affordable Neighborhoods in Wall Lake, LA by Home Value

 

Wall Lake, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wall Lake area can be challenging. Home prices in Wall Lake are now at a median cost of $229,936, higher than the Louisiana average of $194,522.

The average cost of rent is $1,188/mo in Wall Lake, primarily driven by the current value of real estate in the Wall Lake area. While nearly 27.68% of residents own their homes outright in Wall Lake, 30.38% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wall Lake is $6,231 per month. Households that rent pay about 19.07% of their income on rent here. Wall Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.


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