Total monthly cost of ownership
Cost to Own a Home in Rayne, Louisiana
A $152,000 home here costs
$1,285per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $781. The real number is $503 higher every month — 64% 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.
Rayne against Acadia Parish and Louisiana
| Measure | Rayne | Acadia Parish |
|---|---|---|
| Median home value | $151,900 | $146,900 |
| Median property tax | $532 | $446 |
| Effective tax rate | 0.350% | 0.304% |
| Median gross rent | $850 | $725 |
| Population | 7,147 | 57,218 |
The weather behind that power bill
Rayne sits in Acadia Parish, which averages a high of 91.5°F in its hottest month and a low of 41.6°F in its coldest, with 63.53" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,781 cooling and 1,577 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Acadia Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Acadia Parish
Full Acadia Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Rayne?
A $152,000 home in Rayne, Louisiana costs approximately $1,285 per month with 20% down at 6.66%. That is $781 principal and interest, $44 property tax, $137 homeowners insurance, $195 utilities and $127 set aside for maintenance.
What is the property tax rate in Rayne?
Rayne has an effective property tax rate of 0.350%, based on a median home value of $151,900 and median real estate taxes of $532. That is higher than the Acadia Parish average of 0.304%.
What is the average home price in Rayne?
The median owner-occupied home value in Rayne, Louisiana is $151,900, against $146,900 across Acadia Parish.
Is it cheaper to rent or buy in Rayne?
Median gross rent in Rayne is $850 a month, against $1,285 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 Rayne — 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.