Home prices
The median home in Lake Arthur is valued at $72,400. It is approximately $10,920 (13%) lower in comparison to the surrounding areas.It is about $145,100 (66%) lower in comparison to the United States as a whole, and is roughly $123,000 (62%) lower compared to the city of Lafayette.
Rents
The median rent in Lake Arthur is $603 per month. Compared to the surrounding areas it is roughly $57 (10%) higher.It is about $459 (43%) lower compared to the country as a whole, and compared to the city of Lafayette it is about $287 (32%) lower.
Nearby places
Mermentau
Mermentau is about 9 miles northeast of Lake Arthur. Its real estate prices are somewhat more expensive. Mermentau's median home cost is $79,700, which is $7,300 (9%) higher than Lake Arthur. The rent there is substantially less expensive. The median rent in Mermentau is $275 a month, which works out to $328 (119%) lower than Lake Arthur.
Gueydan
Gueydan is roughly 9 miles southeast of Lake Arthur. Its housing prices are somewhat more expensive. The cost of the median home in Gueydan is $85,300, which is $12,900 (15%) higher than Lake Arthur. The rent there is somewhat less expensive. Gueydan's median monthly rent is $537, which is $66 (12%) lower than Lake Arthur.
Morse
Morse is approximately 10 miles east of Lake Arthur. Its real estate prices are pretty similar. The median home in Morse costs $71,300, which is $1,100 (1%) lower than Lake Arthur. Rents there are a bit more expensive. In Morse the median monthly rent is $653, which works out to $50 (7%) higher than Lake Arthur.
Jennings
Jennings is roughly 11 miles north from Lake Arthur. Real estate prices there are significantly more expensive. The median home in Jennings is valued at $113,000, which is $40,600 (35%) higher than Lake Arthur. Rents there are similar. The median rent in Jennings is $625 a month, which comes out to $22 (3%) higher than Lake Arthur.
Estherwood
Estherwood is about 13 miles northeast from Lake Arthur. Real estate prices there are a bit less expensive. The median home price in Estherwood is $67,300, which comes out to $5,100 (7%) lower than Lake Arthur. Rent there is a bit more expensive. In Estherwood the median monthly rent is $638, which is $35 (5%) higher than Lake Arthur.