Cost to Own
United StatesLouisianaWest Baton Rouge ParishAddis Population 7,052 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Addis, Louisiana

A $242,000 home here costs

$1,986

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,244. The real number is $742 higher every month — 60% more than the payment most buyers budget for.

Addis median: $242,300
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $193,600 borrowed $1,244
Property tax0.628% effective rate for Addis itself $127
Homeowners insuranceLouisiana averages $2,259/yr (NAIC), or 1.083% of home value $218
Electricity14.15¢/kWh — Louisiana residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $202
Total monthly $1,986

Addis against West Baton Rouge Parish and Louisiana

MeasureAddisWest Baton Rouge Parish
Median home value$242,300$225,900
Median property tax$1,521$1,336
Effective tax rate0.628%0.591%
Median gross rent$1,451$1,021
Population7,05227,666

The weather behind that power bill

Addis sits in West Baton Rouge Parish, which averages a high of 92.2°F in its hottest month and a low of 41.6°F in its coldest, with 61.94" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,818 cooling and 1,534 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for West Baton Rouge Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in West Baton Rouge Parish

Full West Baton Rouge Parish cost breakdown · Every county in Louisiana

Common questions

How much does it cost to own a home in Addis?

A $242,000 home in Addis, Louisiana costs approximately $1,986 per month with 20% down at 6.66%. That is $1,244 principal and interest, $127 property tax, $218 homeowners insurance, $195 utilities and $202 set aside for maintenance.

What is the property tax rate in Addis?

Addis has an effective property tax rate of 0.628%, based on a median home value of $242,300 and median real estate taxes of $1,521. That is higher than the West Baton Rouge Parish average of 0.591%.

What is the average home price in Addis?

The median owner-occupied home value in Addis, Louisiana is $242,300, against $225,900 across West Baton Rouge Parish.

Is it cheaper to rent or buy in Addis?

Median gross rent in Addis is $1,451 a month, against $1,986 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Addis — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Louisiana.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology