Home prices
The cost of the median home in Minorca is $77,000. This is about $4,740 (6%) higher in comparison to its nearby areas.It is approximately $140,500 (64%) lower in comparison to the entire nation, and in comparison to the city of Baton Rouge it is about $97,000 (55%) lower.
Rents
The median monthly rent in Minorca is $514. This is roughly $138 (21%) lower in comparison to its nearby areas.In comparison to the nation as a whole it is about $548 (51%) lower, and compared to the city of Baton Rouge is roughly $365 (41%) lower.
Nearby places
Vidalia
Vidalia is Minorca's neighbor to the east. Its real estate prices are somewhat more expensive. The median home in Vidalia costs $101,500, which works out to $24,500 (24%) higher than Minorca. Rent there is a lot more expensive. Vidalia's median monthly rent is $1,063, which comes out to $549 (51%) higher than Minorca.
Ridgecrest
Ridgecrest is roughly 3 miles northwest of Minorca. Its housing prices are substantially less expensive. Ridgecrest's median home price is $46,900, which works out to $30,100 (64%) lower than Minorca. The rent there is fairly similar. Ridgecrest's median monthly rent is $492, which comes out to $22 (4%) lower than Minorca.
Natchez
Natchez is roughly 5 miles east from Minorca. Real estate prices there are a little more expensive. The value of the median home in Natchez is $97,500, which works out to $20,500 (21%) higher than Minorca. Rent there is a little more expensive. In Natchez the median rent is $592 a month, which is $78 (13%) higher than Minorca.
Ferriday
Ferriday is roughly 5 miles northwest of Minorca. Real estate prices there are substantially less expensive. The median home cost in Ferriday is $48,100, which is $28,900 (60%) lower than Minorca. Rents there are a bit more expensive. The median monthly rent in Ferriday is $619, which comes out to $105 (16%) higher than Minorca.
Cloverdale
Cloverdale is about 6 miles southeast of Minorca. Its housing prices are a bit less expensive. The median home in Cloverdale is valued at $67,300, which works out to $9,700 (14%) lower than Minorca. Rents there are similar. In Cloverdale the median rent is $496 per month, which works out to $18 (3%) lower than Minorca.
