Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the West Lake Forest area can be challenging. Home prices in West Lake Forest are now at a median cost of $199,163, lower than the New Orleans average of $308,345.
The average cost of rent is $1,109/mo in West Lake Forest, primarily driven by the current value of real estate in the West Lake Forest area. In West Lake Forest, 70.47% of households rent, and 54.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Lake Forest is $2,858 per month. Households that rent pay about 38.80% of their income on rent here. West Lake Forest’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Plum Orchard, New Orleans, LA: less expensive homes
- Read Blvd West, New Orleans, LA: equally priced homes
- Pines Village, New Orleans, LA: less expensive homes
- Little Woods, New Orleans, LA: equally priced homes
- Read Blvd East, New Orleans, LA: higher priced homes
- Gentilly Woods, New Orleans, LA: equally priced homes
- Milneburg, New Orleans, LA: higher priced homes
- Gentilly Terrace, New Orleans, LA: higher priced homes
- Lower 9th Ward, New Orleans, LA: less expensive homes
- Saint Anthony, New Orleans, LA: higher priced homes
Neighborhoods with Similar Populations
- Lakeside-Lester Park, Duluth, MN: higher priced homes
- Somerville, Manchester, NH: higher priced homes
- Skies West, Albuquerque, NM: higher priced homes
- Six Corners, East Providence, RI: higher priced homes
- Sheldon, Mobile, AL: higher priced homes
- Sharyland Plantation, Mission, TX: higher priced homes
- Santa Cruz Southwest, Tucson, AZ: less expensive homes
- Royal Crown Estates, Novi, MI: higher priced homes
- Riverside Rancho, Glendale, CA: higher priced homes
- Lynwood Hills, Chula Vista, CA: higher priced homes
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