Home prices
The median home in Welcome is valued at $104,200. Compared to nearby areas this is approximately $55,340 (34%) lower.It is roughly $113,300 (52%) lower compared to the nation as a whole, and is about $127,300 (54%) lower in comparison to the city of New Orleans.
Rents
The median monthly rent in Welcome is $397. This is about $272 (40%) lower compared to its surrounding areas.Compared to the US as a whole it is about $665 (62%) lower, and it is roughly $601 (60%) lower compared to the city of New Orleans.
Nearby places
Donaldsonville
Donaldsonville is approximately 6 miles northwest from Welcome. Real estate prices there are a little more expensive. The median home in Donaldsonville costs $113,000, which comes out to $8,800 (7%) higher than Welcome. Rent there is substantially more expensive. The median rent in Donaldsonville is $626 a month, which works out to $229 (36%) higher than Welcome.
Grand Point
Grand Point is roughly 7 miles east of Welcome. The housing prices there are significantly more expensive. The value of the median home in Grand Point is $229,600, which is $125,400 (54%) higher than Welcome. The rent there is somewhat more expensive. The median rent in Grand Point is $438 per month, which comes out to $41 (9%) higher than Welcome.
Belle Rose
Belle Rose is about 8 miles west from Welcome. Its housing prices are significantly more expensive. The median home in Belle Rose costs $169,200, which is $65,000 (38%) higher than Welcome. Its rents are a lot more expensive. In Belle Rose the median monthly rent is $939, which is $542 (57%) higher than Welcome.
North Vacherie
North Vacherie is about 9 miles east of Welcome. Its housing prices are somewhat more expensive. The median home in North Vacherie is valued at $143,900, which comes out to $39,700 (27%) higher than Welcome. The rent there is fairly similar. North Vacherie's median monthly rent is $379, which comes out to $18 (4%) lower than Welcome.
Gramercy
Gramercy is about 10 miles east from Welcome. Its real estate prices are somewhat more expensive. The median home in Gramercy is valued at $142,000, which is $37,800 (26%) higher than Welcome. Rent there is substantially more expensive. In Gramercy the median rent is $961 a month, which works out to $564 (58%) higher than Welcome.