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New Iberia city, LA

ZIP 70563 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70563

Median Home Value
$190,700
Median Rent
$710
Affordability Snapshot
$52,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,225/mo PITI).

12%
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.

22.4 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 70563 in New Iberia city, LA, a household would need roughly $52,000 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 $1,225. That sits below the local median household income ($73,555), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
80.6%+23% vs US avg
x
Vacancy Rate
8.3%-19% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
1.1%-93% vs US avg
x
Built Pre-1939
6.6%-48% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
13.7%-73% vs US avg
x
Mortgage-Free
46.9%+23% vs US avg
x
$190,700
Home Value
$710
Rent
1984
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached80.4%
  • 1-unit attached1.9%
  • 2-9 units4.6%
  • 10+ units1.9%
  • Mobile home & other11.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$190,700
Median rent$710
Owner-occupied80.6%
Vacant8.3%
Price-to-income2.6x
Est. income to buy$52,000