Housing costs in Otis?
A typical home costs
$169,600, which is 49.8% less expensive than the national average of
$338,100 and 8.2% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Otis costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 11.1% cheaper than the state average of
$1,000.
Can I afford Otis?
To live comfortably in Otis (zip 71466), Louisiana, a minimum annual income of
$32,400 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Otis?
The cost of living in 71466 Otis, LA is relatively low compared to other parts of the state. The median home value is just under $70,000, making it an affordable choice for those looking to buy a home. Additionally, the median household income for 71466 is significantly lower than the state average, coming in at just over $32,000. Those who are looking to rent instead of buy can find modestly priced apartments and houses around town for a fraction of the price tag attached to larger cities in Louisiana. Despite being on the more affordable side, 71466 still offers plenty of amenities and entertainment options that make it an attractive place to call home.