Home prices
The median home price in Reserve is $121,500. In comparison to its surrounding areas it is roughly $44,100 (26%) lower.It is roughly $96,000 (44%) lower in comparison to the rest of the nation, and it is approximately $110,000 (47%) lower compared to the city of New Orleans.
Rents
Reserve's median monthly rent is $670. This is roughly $192 (22%) lower compared to its surrounding areas.It is approximately $392 (36%) lower in comparison to the nation as a whole, and compared to the city of New Orleans it is roughly $328 (32%) lower.
Nearby places
Edgard
Edgard is Reserve's neighbor to the south. Housing prices there are somewhat less expensive. The median home in Edgard is valued at $97,700, which comes out to $23,800 (24%) lower than Reserve. The rent there is a little more expensive. Edgard's median rent is $719 a month, which is $49 (6%) higher than Reserve.
Laplace
Laplace is Reserve's neighbor to the east. Its real estate prices are somewhat more expensive. The price of the median home in Laplace is $161,000, which is $39,500 (24%) higher than Reserve. Its rents are a little more expensive. In Laplace the median monthly rent is $982, which comes out to $312 (31%) higher than Reserve.
Wallace
Wallace is approximately 6 miles southwest from Reserve. Housing prices there are a bit more expensive. The median home in Wallace costs $169,300, which works out to $47,800 (28%) higher than Reserve. Rent there is substantially more expensive. The median monthly rent in Wallace is $1,045, which is $375 (35%) higher than Reserve.
Montz
Montz is roughly 6 miles southeast of Reserve. Real estate prices there are substantially more expensive. The median home in Montz is valued at $258,000, which works out to $136,500 (52%) higher than Reserve. Rent there is a bit less expensive. Montz's median monthly rent is $603, which comes out to $67 (11%) lower than Reserve.
Gramercy
Gramercy is approximately 7 miles west of Reserve. The real estate prices there are a bit more expensive. The cost of the median home in Gramercy is $142,000, which is $20,500 (14%) higher than Reserve. Rents there are somewhat more expensive. The median monthly rent in Gramercy is $961, which works out to $291 (30%) higher than Reserve.
