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Arabi, LA Real Estate


According to census data in the year 2000 there were 3,702 housing units in Arabi. This represents a 1.2% growth from 3,657 in 1990.

Of those housing units, 3,702 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Arabi is about 78%. Arabi's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Arabi were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom7.70%
Two Bedrooms32.40%
Three Bedrooms49.10%
Four Bedrooms8.40%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1957
Median Value of occupied units$77,900
Median Price asked for vacant units$81,000

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1956
Median Monthly Rent asked for vacant units$343

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan4%
Simple Mortgage31.70%
Debt Free59%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%