Much like its nearby areas, it's a lot less expensive compared to the entire country. However it is a bit less expensive compared to the city of Baton Rouge.
Home prices
The median home value in Morganza is $131,700. It is about $2,360 (1%) lower compared to its nearby areas.It is about $85,800 (39%) lower compared to the rest of the nation, and compared to the city of Baton Rouge it is roughly $42,300 (24%) lower.
Rents
Morganza's median monthly rent is $778. Compared to the surrounding areas it is about $65 (9%) higher.In comparison to the US as a whole it is approximately $284 (26%) lower, and compared to the city of Baton Rouge it is about $101 (11%) lower.
Nearby places
New Roads
New Roads is approximately 8 miles southeast of Morganza. Its housing prices are pretty similar. The median home in New Roads is valued at $131,400, which is very similar to Morganza. Rent there is a bit less expensive. New Roads's median rent is $738 a month, which comes out to $40 (5%) lower than Morganza.
Melville
Melville is roughly 9 miles southwest of Morganza. Its real estate prices are substantially less expensive. The median home in Melville is valued at $71,800, which comes out to $59,900 (83%) lower than Morganza. Rent there is significantly less expensive. Melville's median rent is $390 per month, which works out to $388 (99%) lower than Morganza.
Ventress
Ventress is approximately 9 miles southeast of Morganza. Housing prices there are a little more expensive. The median home in Ventress costs $151,600, which is $19,900 (13%) higher than Morganza. Its rents are similar. The median monthly rent in Ventress is $797, which is $19 (2%) higher than Morganza.
Fordoche
Fordoche is approximately 11 miles south from Morganza. The housing prices there are a little less expensive. The cost of the median home in Fordoche is $116,400, which works out to $15,300 (13%) lower than Morganza. The rent there is a little more expensive. Fordoche's median monthly rent is $821, which is $43 (5%) higher than Morganza.
St. Francisville
St. Francisville is about 11 miles east of Morganza. Housing prices there are significantly more expensive. The median home price in St. Francisville is $199,100, which comes out to $67,400 (33%) higher than Morganza. Its rents are somewhat more expensive. St. Francisville's median rent is $821 a month, which comes out to $43 (5%) higher than Morganza.
