Total monthly cost of ownership
Cost to Own a Home in Boyce, Louisiana
A $84,000 home here costs
$843per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $36,000 a year.
A standard mortgage calculator would have told you $458. The real number is $385 higher every month, 84% more than the payment most buyers budget for.
Compare Rapides Parish with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Boyce from a five-year rolling sample, and with about 1,295 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Rapides Parish figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Boyce against Rapides Parish and Louisiana
| Measure | Boyce | Rapides Parish |
|---|---|---|
| Median home value | $83,600 | $179,100 |
| Median property tax | $199 | $1,024 |
| Effective tax rate | 0.238% | 0.572% |
| Median gross rent | $848 | $942 |
| Population | 1,295 | 128,470 |
The weather behind that power bill
Boyce sits in Rapides Parish, which averages a high of 93.5°F in its hottest month and a low of 38.9°F in its coldest, with 54.55" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,619 cooling and 1,892 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Rapides Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rapides Parish
Full Rapides Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Boyce averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Boyce every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Boyce?
A $84,000 home in Boyce, Louisiana costs approximately $843 per month with 20% down at 7.24%. That is $458 principal and interest, $17 property tax, $76 homeowners insurance, $223 utilities and $70 set aside for maintenance.
What is the property tax rate in Boyce?
Boyce has an effective property tax rate of 0.238%, based on a median home value of $83,600 and median real estate taxes of $199. That is lower than the Rapides Parish average of 0.572%.
What is the average home price in Boyce?
The median owner-occupied home value in Boyce, Louisiana is $83,600, against $179,100 across Rapides Parish.
Is it cheaper to rent or buy in Boyce?
Median gross rent in Boyce is $848 a month, against $843 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Boyce?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Boyce, Louisiana at today's rate takes a household income of roughly $36,000 a year. That covers the full $843 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Boyce, 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.