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Morganza village, LA

ZIP 70715 — 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 70715

Median Home Value
$116,600
Median Rent
$368
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$749/mo PITI).

9%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.4 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 70715 in Morganza village, LA, a household would need roughly $32,000 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 $749. That sits below the local median household income ($51,071), 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 49% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.6%+40% vs US avg
x
Vacancy Rate
48.6%+372% vs US avg
x
Broadband Access
71.5%-18% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
1.5%-88% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
73.9%+49% vs US avg
x
Mortgage-Free
68.5%+79% vs US avg
x
$116,600
Home Value
$368
Rent
1985
Year Built
2000
Moved In

Residents have lived here since ~2000 on average

Housing Structure

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

  • 1-unit detached61.4%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other38.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$116,600
Median rent$368
Owner-occupied91.6%
Vacant48.6%
Price-to-income2.3x
Est. income to buy$32,000