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Housing in Midway

A typical Midway home is worth roughly $183,000

Typical home value
$183K
LA $217K
Estimate
2-bedroom rent
$880
a month, utilities in · HUD

What kind of housing town is Midway?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $880

Renters already here pay a median of $252, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$630
1 bedroom$680
2 bedrooms$880
3 bedrooms$1,080
4 bedrooms$1,480
71%
of households rent · LA 33%
210
renter households
$252
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (La Salle Parish, LA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Affordability

A typical home costs 7.2 years of income

More than across Louisiana (3.6 years). Try your own numbers below.

You could afford about
$106,000
Typical Midway home $183K

That’s $77K short of a typical Midway home.

The typical home, each month
$1,040
Loan $910Tax $80Insurance $50

A two-bedroom rents for about $880 a month here, $160 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Louisiana typical property tax (0.55% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

29% of Midway households own their home

Half of Midway’s homes were built before 1981.

Owners and renters
Own 29%Rent 71%

Louisiana: 67% own.

1981
typical home built · LA 1983

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Midway vs. its neighbors

Midway is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Midway$183K*—$880—$25,590
Jena$164K+2.4%$8801$71,730
Good Pine$111K*—$880—$88,512

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Midway buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Midway still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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