Most Affordable Neighborhoods in Lake Charles - 2026 Data
The median home value in Lake Charles is $191,200, 32% below nat'l avg. Median rent is $664/month. With an affordability index of 207, Lake Charles is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Lake Charles, LA area.
Key Takeaways: Affordability in Lake Charles
- 1The most affordable neighborhood in Lake Charles is Central, with a median home value of $265,600.
- 2Lake Charles's median home value is $191,200, 32% below nat'l avg (national: $281,900).
- 3Lake Charles's affordability index is 207 (baseline 100), making it more affordable than the national average.
- 4Median rent in Lake Charles is $664/month, 43% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Lake Charles to find the most affordable areas based on home values, rent, and affordability index.
Lake Charles Affordability Overview
Median Home Value
$191,200
32% below nat'l avg
Median Rent
$664/mo
43% below nat'l avg
Median Income
$54,761
27% below nat'l avg
Affordability Index
207
107% above nat'l avg
Most Affordable Neighborhoods in Lake Charles (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CentralLA | $265,600 |
| 2 | New IberiaLA | $150,600 |
| 3 | MindenLA | $119,500 |
| 4 | CovingtonLA | $283,600 |
| 5 | BogalusaLA | $106,500 |
| 6 | BastropLA | $85,600 |
| 7 | KennerLA | $229,000 |
| 8 | LafayetteLA | $234,900 |
| 9 | BakerLA | $138,800 |
| 10 | ShreveportLA | $168,900 |
| 11 | AbbevilleLA | $98,700 |
| 12 | Morgan CityLA | $147,700 |
| 13 | Bossier CityLA | $187,000 |
| 14 | JenningsLA | $129,500 |
| 15 | RustonLA | $208,000 |