Lake Terrace And Oaks, Orleans Parish, LA Housing Trends, Rent, Price-to-Rent

Market Summary

Lake Terrace And Oaks, Orleans Parish, LA

Median Home Price Price

$450,399 $450.4K

Median Monthly Rent Rent

$1,345 $1.3K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Lake Terrace and Oaks, LA is $1,345, with MoM change +$16 and YoY change +$75 pointing to positive momentum while volatility is low (std $17).

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Metric

Base market Lake Terrace and Oaks, LA

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Delta vs base

Median rent

$1,345

N/A

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Median price

$450,399

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YoY change

+$75

N/A

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Price-to-rent

27.9x

Data unavailable

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