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Can I Afford to Live in Louisiana?

Louisiana - Vibrant culture, affordable cost of living, and unique Creole heritage. See median rent, home values, and the most affordable ZIP codes below.

$970/mo
Median Rent
$195K
Median Home
$51K
Median Income

Find ZIP Codes You Can Afford in Louisiana

Enter your salary to see neighborhoods in your budget.

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🏠 To Buy in Louisiana

With median home value of $195,000, you'd typically need an income of at least $48,750/year and a down payment of $19,500 (10%).

🏘️ To Rent in Louisiana

With median rent of $970/month, you should earn at least $35K/year (30% rent-to-income rule). This is below the US median of $1,163/mo.

πŸ’° Median Income

Louisiana residents earn a median household income of $51,073/year. Rent takes approximately 23% of median income.

Most Affordable ZIP Codes in Louisiana

Ranked by lowest median rent, minimum population 3,000+

# ZIP Β· City Rent/mo Score
1 70117 New Orleans $669 38
2 70116 New Orleans $839 52
3 70119 New Orleans $905 51
4 70112 New Orleans $938 52
5 70118 New Orleans $1,258 64
6 70115 New Orleans $1,332 67

Top-Rated Neighborhoods in Louisiana

Highest ZipScore - best combination of safety, schools, and quality of life

FAQs: Living in Louisiana

What salary do I need to live comfortably in Louisiana?

To live comfortably in Louisiana, you'd want to earn at least $34,920/year to rent at the median price without being cost-burdened (spending more than 30% of income on housing). To buy at the median home price of $195,000, aim for a salary of $48,750+.

Is Louisiana expensive to live in?

Louisiana has a median rent of $970/month, which is below the US national median of $1,163. Cost varies significantly by city and neighborhood - the table above shows the most affordable ZIP codes in Louisiana.

What is the most affordable city in Louisiana?

The most affordable ZIP codes in Louisiana are ranked in the table above by median rent. Smaller cities and suburbs typically offer significantly lower costs than the major metro areas. Click any ZIP code to see its full neighborhood profile.

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