Total monthly cost of ownership
Cost to Own a Home in Montegut, Louisiana
A $105,000 home here costs
$957per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $540. The real number is $417 higher every month — 77% 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.
Montegut against Terrebonne Parish and Louisiana
| Measure | Montegut | Terrebonne Parish |
|---|---|---|
| Median home value | $105,000 | $189,100 |
| Median property tax | — | $852 |
| Effective tax rate | 0.451% | 0.451% |
| Median gross rent | $857 | $1,010 |
| Population | 1,264 | 107,362 |
The weather behind that power bill
Montegut sits in Terrebonne Parish, which averages a high of 91.4°F in its hottest month and a low of 43.5°F in its coldest, with 65.42" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,969 cooling and 1,250 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Terrebonne Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Terrebonne Parish
Full Terrebonne Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Montegut?
A $105,000 home in Montegut, Louisiana costs approximately $957 per month with 20% down at 6.66%. That is $540 principal and interest, $39 property tax, $95 homeowners insurance, $195 utilities and $88 set aside for maintenance.
What is the property tax rate in Montegut?
Place-level tax data is not published for Montegut, so the Terrebonne Parish rate of 0.451% applies here.
What is the average home price in Montegut?
The median owner-occupied home value in Montegut, Louisiana is $105,000, against $189,100 across Terrebonne Parish.
Is it cheaper to rent or buy in Montegut?
Median gross rent in Montegut is $857 a month, against $957 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 Montegut — 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.