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