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Morse village, LA

ZIP 70559 — 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 70559

Median Home Value
$87,400
Median Rent
$288
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$561/mo PITI).

5%
Rent-to-Income Ratio

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

1.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.3 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 70559 in Morse village, LA, a household would need roughly $24,000 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 $561. That sits below the local median household income ($64,048), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.8%+14% vs US avg
x
Vacancy Rate
18.9%+83% vs US avg
x
Broadband Access
80.3%-8% vs US avg
x
4+ Bedrooms
8.5%-42% vs US avg
x
Built Pre-1939
5.3%-59% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
23.1%-54% vs US avg
x
Mortgage-Free
63.4%+66% vs US avg
x
$87,400
Home Value
$288
Rent
1993
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached59.9%
  • 1-unit attached1.9%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other38.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$87,400
Median rent$288
Owner-occupied74.8%
Vacant18.9%
Price-to-income1.4x
Est. income to buy$24,000