Total monthly cost of ownership
Cost to Own a Home in Charenton, Louisiana
A $125,000 home here costs
$1,097per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $643. The real number is $454 higher every month — 71% 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.
Charenton against St. Mary Parish and Louisiana
| Measure | Charenton | St. Mary Parish |
|---|---|---|
| Median home value | $125,000 | $128,000 |
| Median property tax | — | $515 |
| Effective tax rate | 0.402% | 0.402% |
| Median gross rent | $938 | $839 |
| Population | 1,295 | 48,455 |
The weather behind that power bill
Charenton sits in St. Mary Parish, which averages a high of 90.1°F in its hottest month and a low of 42.5°F in its coldest, with 66.79" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,558 cooling and 1,509 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for St. Mary Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in St. Mary Parish
Full St. Mary Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Charenton?
A $125,000 home in Charenton, Louisiana costs approximately $1,097 per month with 20% down at 6.66%. That is $643 principal and interest, $42 property tax, $113 homeowners insurance, $195 utilities and $104 set aside for maintenance.
What is the property tax rate in Charenton?
Place-level tax data is not published for Charenton, so the St. Mary Parish rate of 0.402% applies here.
What is the average home price in Charenton?
The median owner-occupied home value in Charenton, Louisiana is $125,000, against $128,000 across St. Mary Parish.
Is it cheaper to rent or buy in Charenton?
Median gross rent in Charenton is $938 a month, against $1,097 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 Charenton — 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.