Total monthly cost of ownership
Cost to Own a Home in Natchitoches, Louisiana
A $188,000 home here costs
$1,637per 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 $70,000 a year.
A standard mortgage calculator would have told you $1,025. The real number is $612 higher every month, 60% more than the payment most buyers budget for.
Compare Natchitoches Parish with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Natchitoches against Natchitoches Parish and Louisiana
| Measure | Natchitoches | Natchitoches Parish |
|---|---|---|
| Median home value | $188,400 | $163,000 |
| Median property tax | $751 | $766 |
| Effective tax rate | 0.399% | 0.470% |
| Median gross rent | $777 | $767 |
| Population | 17,682 | 37,047 |
The weather behind that power bill
Natchitoches sits in Natchitoches Parish, which averages a high of 95.7°F in its hottest month and a low of 39.2°F in its coldest, with 55.93" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 3,012 cooling and 1,782 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Natchitoches Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Natchitoches Parish
Full Natchitoches Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Natchitoches 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 Natchitoches every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Natchitoches I already own here and may sell
Common questions
How much does it cost to own a home in Natchitoches?
A $188,000 home in Natchitoches, Louisiana costs approximately $1,637 per month with 20% down at 7.24%. That is $1,025 principal and interest, $63 property tax, $170 homeowners insurance, $223 utilities and $157 set aside for maintenance.
What is the property tax rate in Natchitoches?
Natchitoches has an effective property tax rate of 0.399%, based on a median home value of $188,400 and median real estate taxes of $751. That is lower than the Natchitoches Parish average of 0.470%.
What is the average home price in Natchitoches?
The median owner-occupied home value in Natchitoches, Louisiana is $188,400, against $163,000 across Natchitoches Parish.
Is it cheaper to rent or buy in Natchitoches?
Median gross rent in Natchitoches is $777 a month, against $1,637 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Natchitoches?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Natchitoches, Louisiana at today's rate takes a household income of roughly $70,000 a year. That covers the full $1,637 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Natchitoches, 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.