The Most and Least Expensive Areas to Rent in 70503, LA

70503 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

70503, LA of rent costs by neighborhood
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On average, the cost of rent in 70503 is about $1,192 per month. This puts it in the 93rd percentile compared to the state average cost of rent, which is $991. Households in 70503 have a median income of $7,668 per month so the average renter in 70503 is spending roughly 16% of their earnings on housing.

Nationally, and in 70503, home values are the data point most closely correlated with the cost of rent. The median price of a home in 70503 is $313,641 right now, which is higher than nearby zip codes, meaning that rents in 70503 also tend to be higher versus these nearby zip codes.

Higher rent prices are common in the western parts of 70503 while lower rent rates are often available in northeastern areas.

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