Total monthly cost of ownership
Cost to Own a Home in Boyce, Louisiana
A $84,000 home here costs
$790per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $432. The real number is $358 higher every month — 83% more than the payment most buyers budget for.
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 $127 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
Common questions
How much does it cost to own a home in Boyce?
A $84,000 home in Boyce, Louisiana costs approximately $790 per month with 20% down at 6.66%. That is $432 principal and interest, $17 property tax, $76 homeowners insurance, $195 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 $790 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
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.