Total monthly cost of ownership
Cost to Own a Home in Opelousas, Louisiana
A $113,000 home here costs
$989per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $581. The real number is $408 higher every month — 70% 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.
Opelousas against St. Landry Parish and Louisiana
| Measure | Opelousas | St. Landry Parish |
|---|---|---|
| Median home value | $113,000 | $142,900 |
| Median property tax | $199 | $425 |
| Effective tax rate | 0.176% | 0.297% |
| Median gross rent | $734 | $742 |
| Population | 15,662 | 82,128 |
The weather behind that power bill
Opelousas sits in St. Landry Parish, which averages a high of 92.0°F in its hottest month and a low of 41.4°F in its coldest, with 61.63" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,698 cooling and 1,467 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for St. Landry Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in St. Landry Parish
Full St. Landry Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Opelousas?
A $113,000 home in Opelousas, Louisiana costs approximately $989 per month with 20% down at 6.66%. That is $581 principal and interest, $17 property tax, $102 homeowners insurance, $195 utilities and $94 set aside for maintenance.
What is the property tax rate in Opelousas?
Opelousas has an effective property tax rate of 0.176%, based on a median home value of $113,000 and median real estate taxes of $199. That is lower than the St. Landry Parish average of 0.297%.
What is the average home price in Opelousas?
The median owner-occupied home value in Opelousas, Louisiana is $113,000, against $142,900 across St. Landry Parish.
Is it cheaper to rent or buy in Opelousas?
Median gross rent in Opelousas is $734 a month, against $989 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 Opelousas — 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.