Home prices
Merrydale's median home price is $109,600. Compared to the surrounding areas it is about $51,800 (32%) lower.In comparison to the rest of the nation it is roughly $107,900 (49%) lower, and it is about $121,900 (52%) lower compared to the city of New Orleans.
Rents
Merrydale's median monthly rent is $915. It is is very similar compared to the surrounding areas.Compared to the United States as a whole it is approximately $147 (13%) lower, and it is about $83 (8%) lower in comparison to the city of New Orleans.
Nearby places
Baton Rouge
Baton Rouge is Merrydale's neighbor to the south. Its housing prices are a lot more expensive. The value of the median home in Baton Rouge is $174,000, which works out to $64,400 (37%) higher than Merrydale. The rent there is similar. Baton Rouge's median rent is $879 a month, which works out to $36 (4%) lower than Merrydale.
Monticello
Monticello is roughly 3 miles east of Merrydale. The real estate prices there are somewhat more expensive. Monticello's median home cost is $145,700, which comes out to $36,100 (24%) higher than Merrydale. Rents there are somewhat more expensive. Monticello's median rent is $974 per month, which comes out to $59 (6%) higher than Merrydale.
Brownfields
Brownfields is roughly 3 miles north of Merrydale. The real estate prices there are somewhat more expensive. The median home in Brownfields is valued at $134,500, which comes out to $24,900 (18%) higher than Merrydale. The rent there is a little less expensive. The median monthly rent in Brownfields is $869, which is $46 (5%) lower than Merrydale.
Central
Central is about 5 miles northeast from Merrydale. The real estate prices there are a lot more expensive. The median home in Central costs $217,700, which comes out to $108,100 (49%) higher than Merrydale. Rent there is pretty similar. Central's median monthly rent is $928, which is $13 (1%) higher than Merrydale.
Port Allen
Port Allen is approximately 6 miles southwest from Merrydale. Its housing prices are a bit more expensive. The value of the median home in Port Allen is $135,100, which is $25,500 (18%) higher than Merrydale. The rent there is similar. The median rent in Port Allen is $934 per month, which comes out to $19 (2%) higher than Merrydale.