Highland Rd / Terrace Ave median real estate price is $116,761, which is more expensive than 37.7% of the neighborhoods in Louisiana and 24.9% of the neighborhoods in the U.S.
The average rental price in Highland Rd / Terrace Ave is currently $800, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.0% of Louisiana neighborhoods.
Highland Rd / Terrace Ave is a suburban neighborhood (based on population density) located in Baton Rouge, Louisiana.
Highland Rd / Terrace Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Highland Rd / Terrace Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Highland Rd / Terrace Ave has a 16.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.