Home prices
Morgan City's median home value is $53,300. In comparison to other places in this area this is about $8,180 (13%) lower.It is approximately $164,200 (75%) lower compared to the entire country, and in comparison to the city of Jackson it is roughly $37,400 (41%) lower.
Rents
Morgan City's median monthly rent is $667. This is about $125 (23%) higher in comparison to other places in this area.In comparison to the US as a whole it is roughly $395 (37%) lower, and it is approximately $180 (21%) lower in comparison to the city of Jackson.
Nearby places
Cruger
Cruger is about 6 miles southeast of Morgan City. The housing prices there are somewhat less expensive. The median home value in Cruger is $40,900, which comes out to $12,400 (30%) lower than Morgan City. Its rents are substantially less expensive. Cruger's median rent is $363 a month, which works out to $304 (83%) lower than Morgan City.
Sidon
Sidon is about 7 miles east from Morgan City. Housing prices there are a bit more expensive. The median home in Sidon is valued at $59,300, which works out to $6,000 (10%) higher than Morgan City. Its rents are similar. Sidon's median rent is $650 a month, which is $17 (2%) lower than Morgan City.
Itta Bena
Itta Bena is approximately 9 miles north from Morgan City. Its real estate prices are fairly similar. The cost of the median home in Itta Bena is $55,200, which works out to $1,900 (3%) higher than Morgan City. Its rents are a bit less expensive. The median rent in Itta Bena is $582 per month, which works out to $85 (14%) lower than Morgan City.
Moorhead
Moorhead is about 9 miles northwest of Morgan City. Real estate prices there are a little more expensive. The price of the median home in Moorhead is $64,100, which is $10,800 (16%) higher than Morgan City. Rent there is a bit less expensive. The median monthly rent in Moorhead is $543, which comes out to $124 (22%) lower than Morgan City.
Greenwood
Greenwood is roughly 12 miles northeast from Morgan City. Real estate prices there are a lot more expensive. The cost of the median home in Greenwood is $87,900, which is $34,600 (39%) higher than Morgan City. Rent there is somewhat less expensive. Greenwood's median monthly rent is $572, which comes out to $95 (16%) lower than Morgan City.