Home prices
Meraux's median home cost is $169,700. This is approximately $29,780 (21%) higher in comparison to its surrounding areas.It is about $47,800 (21%) lower in comparison to the US as a whole, and compared to the city of New Orleans is roughly $61,800 (26%) lower.
Rents
The median monthly rent in Meraux is $914. In comparison to the surrounding areas this is approximately $52 (5%) lower.It is roughly $148 (13%) lower compared to the entire country, and it is roughly $84 (8%) lower compared to the city of New Orleans.
Nearby places
Violet
Violet is Meraux's neighbor to the southeast. The housing prices there are a bit less expensive. The median home in Violet costs $133,500, which is $36,200 (27%) lower than Meraux. Rent there is similar. The median monthly rent in Violet is $922, which is very similar to Meraux.
Chalmette
Chalmette is Meraux's neighbor to the northwest. Its real estate prices are a bit less expensive. The cost of the median home in Chalmette is $152,900, which works out to $16,800 (10%) lower than Meraux. Rents there are fairly similar. In Chalmette the median monthly rent is $960, which is $46 (4%) higher than Meraux.
Arabi
Arabi is about 4 miles northwest of Meraux. Real estate prices there are a little less expensive. Arabi's median home cost is $155,600, which is $14,100 (9%) lower than Meraux. Rents there are similar. The median monthly rent in Arabi is $932, which works out to $18 (1%) higher than Meraux.
Poydras
Poydras is roughly 5 miles south from Meraux. Real estate prices there are substantially less expensive. Poydras's median home value is $94,900, which works out to $74,800 (78%) lower than Meraux. The rent there is a bit more expensive. Poydras's median rent is $1,063 a month, which works out to $149 (14%) higher than Meraux.
Terrytown
Terrytown is about 6 miles west of Meraux. Its housing prices are fairly similar. The cost of the median home in Terrytown is $162,700, which works out to $7,000 (4%) lower than Meraux. Rent there is similar. Terrytown's median rent is $953 per month, which comes out to $39 (4%) higher than Meraux.