Home prices
The cost of the median home in Timberlane is $162,500. In comparison to its nearby areas it is about $11,580 (6%) lower.Compared to the rest of the country it is about $55,000 (25%) lower, and is roughly $69,000 (29%) lower compared to the city of New Orleans.
Rents
In Timberlane the median rent is $1,075 a month. This is approximately $15 (1%) higher in comparison to nearby areas.Compared to the country as a whole it is roughly $13 (1%) higher, and compared to the city of New Orleans is approximately $77 (7%) higher.
Nearby places
Terrytown
Terrytown is Timberlane's neighbor to the north. The housing prices there are fairly similar. The value of the median home in Terrytown is $162,700, which is very similar to Timberlane. Rents there are somewhat less expensive. In Terrytown the median rent is $953 a month, which comes out to $122 (12%) lower than Timberlane.
Belle Chasse
Belle Chasse is Timberlane's neighbor to the southeast. The real estate prices there are a lot more expensive. The median home in Belle Chasse costs $263,400, which works out to $100,900 (38%) higher than Timberlane. Rents there are a little more expensive. Belle Chasse's median rent is $1,379 per month, which comes out to $304 (22%) higher than Timberlane.
Gretna
Gretna is Timberlane's neighbor to the northwest. Its housing prices are somewhat more expensive. The median home in Gretna is valued at $171,800, which is $9,300 (5%) higher than Timberlane. Rent there is a little less expensive. In Gretna the median monthly rent is $883, which is $192 (21%) lower than Timberlane.
Harvey
Harvey is roughly 2 miles west from Timberlane. The real estate prices there are a little less expensive. The median home value in Harvey is $139,300, which comes out to $23,200 (16%) lower than Timberlane. Rent there is a bit less expensive. Harvey's median rent is $997 a month, which comes out to $78 (7%) lower than Timberlane.
Woodmere
Woodmere is roughly 3 miles southwest from Timberlane. Its housing prices are a little less expensive. The median home value in Woodmere is $133,200, which is $29,300 (21%) lower than Timberlane. Rents there are fairly similar. The median rent in Woodmere is $1,088 a month, which comes out to $13 (1%) higher than Timberlane.