Total monthly cost of ownership
Cost to Own a Home in Carencro, Louisiana
A $211,000 home here costs
$1,722per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,085. The real number is $637 higher every month — 59% 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.
Carencro against Lafayette Parish and Louisiana
| Measure | Carencro | Lafayette Parish |
|---|---|---|
| Median home value | $211,200 | $234,200 |
| Median property tax | $910 | $1,329 |
| Effective tax rate | 0.431% | 0.567% |
| Median gross rent | $924 | $1,022 |
| Population | 10,882 | 245,075 |
The weather behind that power bill
Carencro sits in Lafayette Parish, which averages a high of 91.6°F in its hottest month and a low of 41.2°F in its coldest, with 64.74" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,716 cooling and 1,575 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Lafayette Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lafayette Parish
Full Lafayette Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Carencro?
A $211,000 home in Carencro, Louisiana costs approximately $1,722 per month with 20% down at 6.66%. That is $1,085 principal and interest, $76 property tax, $190 homeowners insurance, $195 utilities and $176 set aside for maintenance.
What is the property tax rate in Carencro?
Carencro has an effective property tax rate of 0.431%, based on a median home value of $211,200 and median real estate taxes of $910. That is lower than the Lafayette Parish average of 0.567%.
What is the average home price in Carencro?
The median owner-occupied home value in Carencro, Louisiana is $211,200, against $234,200 across Lafayette Parish.
Is it cheaper to rent or buy in Carencro?
Median gross rent in Carencro is $924 a month, against $1,722 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 Carencro — 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.