Is Olla expensive?

Olla, LA

State	Louisiana
Population	1,754
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Olla, LA

State

Population

1,754

In comparison to the surrounding areas, Olla is a little less expensive, and it's a lot less expensive compared to the country as a whole. It's a lot less expensive compared to the city of Monroe.

Home prices

The value of the median home in Olla is $77,200. In comparison to its surrounding areas this is about $20,320 (20%) lower.It is roughly $140,300 (64%) lower compared to the entire nation, and compared to the city of Monroe it is approximately $62,400 (44%) lower.

United States

Midway

Monroe

Jena

Olla

Tullos

Clarks

Georgetown

Comparison of median Olla home price to nearby areas

Distribution of home prices for Olla and nearby areas

Rents

In Olla the median rent is $804 a month. In comparison to its nearby areas this is about $176 (27%) higher.It is roughly $258 (24%) lower compared to the nation as a whole, and compared to the city of Monroe it is approximately $102 (14%) higher.

United States

Olla

Clarks

Midway

Monroe

Tullos

Jena

Georgetown

Comparison of median Olla rent to nearby areas

Distribution of rents for Olla and nearby areas

Nearby places

Tullos

Tullos is roughly 7 miles southwest from Olla. Its real estate prices are a bit less expensive. The median home value in Tullos is $69,400, which is $7,800 (11%) lower than Olla. The rent there is a bit less expensive. The median monthly rent in Tullos is $643, which comes out to $161 (25%) lower than Olla.

Clarks

Clarks is roughly 11 miles northeast of Olla. Its housing prices are somewhat less expensive. The median home in Clarks is valued at $58,800, which comes out to $18,400 (31%) lower than Olla. Rent there is fairly similar. The median rent in Clarks is $767 a month, which is $37 (4%) lower than Olla.

Georgetown

Georgetown is roughly 12 miles southwest of Olla. Real estate prices there are significantly less expensive. Georgetown's median home value is $55,000, which is $22,200 (40%) lower than Olla. Rents there are substantially less expensive. The median rent in Georgetown is $390 a month, which is $414 (106%) lower than Olla.

Jena

Jena is about 16 miles south of Olla. Its real estate prices are substantially more expensive. Jena's median home value is $118,700, which is $41,500 (34%) higher than Olla. Rent there is a bit less expensive. The median monthly rent in Jena is $632, which works out to $172 (27%) lower than Olla.

Midway

Midway is approximately 17 miles south of Olla. Real estate prices there are significantly more expensive. The median home price in Midway is $185,700, which works out to $108,500 (58%) higher than Olla. Rent there is a bit less expensive. The median monthly rent in Midway is $709, which is $95 (13%) lower than Olla.