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Covington city, LA

ZIP 70433 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70433

Median Home Value
$316,200
Median Rent
$1,208
Affordability Snapshot
$87,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,031/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 70433 in Covington city, LA, a household would need roughly $87,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,031. That is roughly in line with the local median household income ($79,354). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.8%+5% vs US avg
x
Vacancy Rate
8.2%-21% vs US avg
x
Broadband Access
94.0%+8% vs US avg
x
4+ Bedrooms
3.5%-76% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
1.9%-72% vs US avg
x
Rent Burden >30%
24.2%-51% vs US avg
x
Mortgage-Free
33.9%-11% vs US avg
x
$316,200
Home Value
$1,208
Rent
2000
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.4%
  • 1-unit attached1.3%
  • 2-9 units8.2%
  • 10+ units15.0%
  • Mobile home & other4.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$316,200
Median rent$1,208
Owner-occupied68.8%
Vacant8.2%
Price-to-income4.0x
Est. income to buy$87,000