Home prices
Independence's median home price is $115,800. Compared to its nearby areas this is about $6,740 (6%) higher.It is approximately $101,700 (46%) lower compared to the US as a whole, and is approximately $115,700 (49%) lower compared to the city of New Orleans.
Rents
In Independence the median rent is $709 a month. This is roughly $116 (14%) lower compared to other places in this area.It is approximately $353 (33%) lower in comparison to the United States as a whole, and it is approximately $289 (28%) lower in comparison to the city of New Orleans.
Nearby places
Tickfaw
Tickfaw is approximately 4 miles south of Independence. The real estate prices there are a little more expensive. The price of the median home in Tickfaw is $138,200, which is $22,400 (16%) higher than Independence. Its rents are a bit more expensive. Tickfaw's median monthly rent is $813, which works out to $104 (12%) higher than Independence.
Natalbany
Natalbany is roughly 6 miles south of Independence. Its housing prices are similar. The median home in Natalbany is valued at $114,800, which is very similar to Independence. Rent there is a little more expensive. In Natalbany the median rent is $846 a month, which comes out to $137 (16%) higher than Independence.
Amite City
Amite City is approximately 7 miles north of Independence. Its real estate prices are somewhat more expensive. The median home in Amite City is valued at $157,900, which works out to $42,100 (26%) higher than Independence. The rent there is somewhat more expensive. In Amite City the median rent is $803 a month, which works out to $94 (11%) higher than Independence.
Montpelier
Montpelier is roughly 8 miles northwest of Independence. Its real estate prices are significantly less expensive. The median home in Montpelier is valued at $67,900, which is $47,900 (70%) lower than Independence. Its rents are somewhat more expensive. In Montpelier the median monthly rent is $940, which works out to $231 (24%) higher than Independence.
Roseland
Roseland is about 9 miles north of Independence. Its housing prices are a lot less expensive. The median home value in Roseland is $66,500, which is $49,300 (74%) lower than Independence. Rents there are similar. Roseland's median rent is $725 a month, which is $16 (2%) higher than Independence.