Lake Charles vs New Orleans: Housing
| Lake Charles | New Orleans | |
|---|---|---|
| Median Home Value | $214,300 | $315,700 |
| Median Gross Rent | $1,109/mo | $1,251/mo |
| Homeownership Rate | 60.9% | 51.2% |
| Rent as Share of Income | 22.5% | 26.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.