New Iberia, LA Real Estate

According to census data in the year 2000 there were 12,915 housing units in New Iberia. This represents a 3.9% growth from 12,426 in 1990.

Of those housing units, 12,840 were located in either urbanized areas or urban clusters, and 75 were located in what is classified as a rural area.

Homeownership rate in New Iberia is about 62.1%. New Iberia's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.68 people.

The majority of houses, apartments or condos in New Iberia were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom12.60%
Two Bedrooms33.30%
Three Bedrooms42.50%
Four Bedrooms8.10%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1963
Median Value of occupied units$70,800
Median Price asked for vacant units$34,200

Rented Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1968
Median Monthly Rent asked for vacant units$355

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4.10%
Home Equity Loan4.70%
Simple Mortgage39.50%
Debt Free51.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%