Total monthly cost of ownership
Cost to Own a Home in Pine Prairie, Louisiana
A $154,000 home here costs
$1,271per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $792. The real number is $479 higher every month — 61% 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.
Pine Prairie against Evangeline Parish and Louisiana
| Measure | Pine Prairie | Evangeline Parish |
|---|---|---|
| Median home value | $153,700 | $118,500 |
| Median property tax | $199 | $323 |
| Effective tax rate | 0.129% | 0.273% |
| Median gross rent | $704 | $663 |
| Population | 1,242 | 32,162 |
The weather behind that power bill
Pine Prairie sits in Evangeline Parish, which averages a high of 93.0°F in its hottest month and a low of 39.8°F in its coldest, with 57.94" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 2,718 cooling and 1,710 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Evangeline Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Evangeline Parish
Full Evangeline Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Pine Prairie?
A $154,000 home in Pine Prairie, Louisiana costs approximately $1,271 per month with 20% down at 6.66%. That is $792 principal and interest, $17 property tax, $139 homeowners insurance, $195 utilities and $128 set aside for maintenance.
What is the property tax rate in Pine Prairie?
Pine Prairie has an effective property tax rate of 0.129%, based on a median home value of $153,700 and median real estate taxes of $199. That is lower than the Evangeline Parish average of 0.273%.
What is the average home price in Pine Prairie?
The median owner-occupied home value in Pine Prairie, Louisiana is $153,700, against $118,500 across Evangeline Parish.
Is it cheaper to rent or buy in Pine Prairie?
Median gross rent in Pine Prairie is $704 a month, against $1,271 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 Pine Prairie — 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.