Home prices
The median home in Morgan City costs $132,400. This is approximately $40,060 (43%) higher in comparison to its nearby areas.Compared to the United States as a whole it is roughly $85,100 (39%) lower, and in comparison to the city of New Orleans it is about $99,100 (42%) lower.
Rents
The median rent in Morgan City is $811 per month. In comparison to other places in this area it is roughly $41 (5%) higher.It is approximately $251 (23%) lower in comparison to the nation as a whole, and compared to the city of New Orleans is about $187 (18%) lower.
Nearby places
Berwick
Berwick is roughly 2 miles west from Morgan City. Its real estate prices are similar. The median home in Berwick costs $135,000, which comes out to $2,600 (1%) higher than Morgan City. Rents there are somewhat less expensive. The median rent in Berwick is $733 per month, which is $78 (10%) lower than Morgan City.
Bayou Vista
Bayou Vista is approximately 4 miles west from Morgan City. The real estate prices there are a bit less expensive. The median home in Bayou Vista costs $106,500, which works out to $25,900 (24%) lower than Morgan City. Rent there is similar. In Bayou Vista the median monthly rent is $837, which comes out to $26 (3%) higher than Morgan City.
Amelia
Amelia is roughly 5 miles southeast from Morgan City. Its housing prices are significantly less expensive. The median home cost in Amelia is $33,100, which works out to $99,300 (300%) lower than Morgan City. Its rents are similar. The median monthly rent in Amelia is $792, which comes out to $19 (2%) lower than Morgan City.
Patterson
Patterson is approximately 6 miles west of Morgan City. Housing prices there are a little less expensive. Patterson's median home cost is $101,000, which is $31,400 (31%) lower than Morgan City. Rents there are a little less expensive. Patterson's median rent is $734 a month, which works out to $77 (10%) lower than Morgan City.
Bayou L'Ourse
Bayou L'Ourse is roughly 7 miles east from Morgan City. Its housing prices are a lot less expensive. Bayou L'Ourse's median home cost is $86,100, which works out to $46,300 (53%) lower than Morgan City. Rent there is somewhat less expensive. Bayou L'Ourse's median monthly rent is $756, which is $55 (7%) lower than Morgan City.
