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New Iberia city, LA

ZIP 70560 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70560

Median Home Value
$126,500
Median Rent
$614
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$813/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 70560 in New Iberia city, LA, a household would need roughly $35,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $813. That sits below the local median household income ($48,296), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
57.1%-13% vs US avg
x
Vacancy Rate
15.9%+54% vs US avg
x
Broadband Access
84.9%-2% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
4.4%-65% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
26.4%-47% vs US avg
x
Mortgage-Free
62.5%+64% vs US avg
x
$126,500
Home Value
$614
Rent
1980
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.1%
  • 1-unit attached1.2%
  • 2-9 units11.4%
  • 10+ units5.1%
  • Mobile home & other24.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$126,500
Median rent$614
Owner-occupied57.1%
Vacant15.9%
Price-to-income2.6x
Est. income to buy$35,000