Similar to its surrounding areas, it's substantially less expensive compared to the nation as a whole. Compared to the city of New Orleans, it's significantly less expensive.
Home prices
The median home in Patterson is valued at $101,000. It is approximately $3,760 (3%) higher in comparison to nearby areas.It is roughly $116,500 (53%) lower in comparison to the rest of the nation, and it is about $130,500 (56%) lower compared to the city of New Orleans.
Rents
Patterson's median rent is $734 a month. In comparison to its surrounding areas it is about $49 (6%) lower.It is roughly $328 (30%) lower in comparison to the rest of the country, and in comparison to the city of New Orleans it is roughly $264 (26%) lower.
Nearby places
Bayou Vista
Bayou Vista is Patterson's neighbor to the east. The real estate prices there are a little more expensive. The value of the median home in Bayou Vista is $106,500, which is $5,500 (5%) higher than Patterson. Rent there is somewhat more expensive. The median rent in Bayou Vista is $837 per month, which works out to $103 (12%) higher than Patterson.
Berwick
Berwick is roughly 3 miles east from Patterson. Housing prices there are a bit more expensive. The median home in Berwick costs $135,000, which works out to $34,000 (25%) higher than Patterson. Its rents are similar. The median rent in Berwick is $733 per month, which is very similar to Patterson.
Morgan City
Morgan City is roughly 6 miles east of Patterson. The housing prices there are a little more expensive. Morgan City's median home price is $132,400, which comes out to $31,400 (23%) higher than Patterson. Rents there are somewhat more expensive. Morgan City's median monthly rent is $811, which comes out to $77 (9%) higher than Patterson.
Amelia
Amelia is roughly 11 miles east from Patterson. Its housing prices are a lot less expensive. The median home in Amelia is valued at $33,100, which is $67,900 (205%) lower than Patterson. The rent there is somewhat more expensive. The median rent in Amelia is $792 a month, which comes out to $58 (7%) higher than Patterson.
Franklin
Franklin is about 12 miles northwest of Patterson. Housing prices there are somewhat less expensive. The median home in Franklin costs $79,200, which is $21,800 (27%) lower than Patterson. Rent there is similar. In Franklin the median monthly rent is $744, which works out to $10 (1%) higher than Patterson.
