Cost to Own
United StatesLouisianaAscension ParishSorrento Population 2,136 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Sorrento, Louisiana

A $219,000 home here costs

$1,744

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,126. The real number is $618 higher every month — 55% more than the payment most buyers budget for.

Sorrento median: $218,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $175,200 borrowed $1,126
Property tax0.236% effective rate for Sorrento itself $43
Homeowners insuranceLouisiana averages $2,259/yr (NAIC), or 1.083% of home value $198
Electricity14.15¢/kWh — Louisiana residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $183
Total monthly $1,744

Sorrento against Ascension Parish and Louisiana

MeasureSorrentoAscension Parish
Median home value$218,800$265,300
Median property tax$517$1,419
Effective tax rate0.236%0.535%
Median gross rent$1,260$1,283
Population2,136128,593

The weather behind that power bill

Sorrento sits in Ascension Parish, which averages a high of 90.8°F in its hottest month and a low of 41.7°F in its coldest, with 63.4" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,705 cooling and 1,525 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for Ascension Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Ascension Parish

Full Ascension Parish cost breakdown · Every county in Louisiana

Common questions

How much does it cost to own a home in Sorrento?

A $219,000 home in Sorrento, Louisiana costs approximately $1,744 per month with 20% down at 6.66%. That is $1,126 principal and interest, $43 property tax, $198 homeowners insurance, $195 utilities and $183 set aside for maintenance.

What is the property tax rate in Sorrento?

Sorrento has an effective property tax rate of 0.236%, based on a median home value of $218,800 and median real estate taxes of $517. That is lower than the Ascension Parish average of 0.535%.

What is the average home price in Sorrento?

The median owner-occupied home value in Sorrento, Louisiana is $218,800, against $265,300 across Ascension Parish.

Is it cheaper to rent or buy in Sorrento?

Median gross rent in Sorrento is $1,260 a month, against $1,744 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 Sorrento — 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.

Full methodology