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These days, finding an affordable place to live in the Wallace Ridge area can be challenging. Home prices in Wallace Ridge are now at a median cost of $103,239, lower than the Louisiana average of $235,139.
The average cost of rent is $669/mo in Wallace Ridge, primarily driven by the current value of real estate in the Wallace Ridge area. In Wallace Ridge, 11.28% of households rent, and 82.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wallace Ridge is $3,934 per month. Households that rent pay about 17.00% of their income on rent here. Wallace Ridge’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Harrisonburg, LA: less expensive homes
- Quaid, LA: higher priced homes
- Jonesville, LA: equally priced homes
- Trinity, LA: equally priced homes
- Manifest, LA: less expensive homes
- Wildsville, LA: less expensive homes
- Utility, LA: higher priced homes
- Frogmore, LA: less expensive homes
- Sicily Island, LA: equally priced homes
- Aimwell, LA: less expensive homes
Cities with Similar Populations
- Seelyville, IN: higher priced homes
- Monroeton, NC: higher priced homes
- Montreal, WI: equally priced homes
- Mount Jewett, PA: less expensive homes
- Mountain View, OK: less expensive homes
- Nerstrand, MN: higher priced homes
- New Hope, FL: higher priced homes
- Newmans, MS: higher priced homes
- Rose Valley, PA: higher priced homes
- Round Lake, NY: higher priced homes
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