Much like other places in this area, it's a bit less expensive compared to the rest of the nation. However it's substantially less expensive compared to the city of New Orleans.
Home prices
The value of the median home in Ponchatoula is $152,500. It is is very similar in comparison to its surrounding areas.It is roughly $65,000 (29%) lower compared to the rest of the nation, and is approximately $79,000 (34%) lower in comparison to the city of New Orleans.
Rents
In Ponchatoula the median rent is $900 per month. It is approximately $47 (5%) higher in comparison to its surrounding areas.It is about $162 (15%) lower in comparison to the US as a whole, and is roughly $98 (9%) lower in comparison to the city of New Orleans.
Nearby places
Hammond
Hammond is Ponchatoula's neighbor to the north. Real estate prices there are fairly similar. The cost of the median home in Hammond is $159,300, which works out to $6,800 (4%) higher than Ponchatoula. Its rents are somewhat less expensive. The median rent in Hammond is $796 per month, which works out to $104 (13%) lower than Ponchatoula.
Natalbany
Natalbany is approximately 8 miles north from Ponchatoula. Its real estate prices are significantly less expensive. The median home in Natalbany is valued at $114,800, which works out to $37,700 (32%) lower than Ponchatoula. Its rents are a bit less expensive. The median monthly rent in Natalbany is $846, which works out to $54 (6%) lower than Ponchatoula.
Albany
Albany is approximately 8 miles northwest from Ponchatoula. The real estate prices there are similar. The price of the median home in Albany is $145,600, which is $6,900 (4%) lower than Ponchatoula. Rents there are significantly less expensive. In Albany the median monthly rent is $478, which comes out to $422 (88%) lower than Ponchatoula.
Killian
Killian is roughly 9 miles southwest of Ponchatoula. Its real estate prices are a bit more expensive. The median home price in Killian is $197,700, which comes out to $45,200 (22%) higher than Ponchatoula. Its rents are a lot more expensive. In Killian the median rent is $1,332 a month, which comes out to $432 (32%) higher than Ponchatoula.
Tickfaw
Tickfaw is about 10 miles north from Ponchatoula. Housing prices there are somewhat less expensive. The median home in Tickfaw costs $138,200, which comes out to $14,300 (10%) lower than Ponchatoula. Rents there are a bit less expensive. The median monthly rent in Tickfaw is $813, which works out to $87 (10%) lower than Ponchatoula.
