Total monthly cost of ownership
Cost to Own a Home in St. Gabriel, Louisiana
A $248,000 home here costs
$2,157per 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 $92,500 a year.
A standard mortgage calculator would have told you $1,352. The real number is $805 higher every month, 60% more than the payment most buyers budget for.
Compare Iberville 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.
St. Gabriel against Iberville Parish and Louisiana
| Measure | St. Gabriel | Iberville Parish |
|---|---|---|
| Median home value | $248,100 | $177,100 |
| Median property tax | $1,819 | $581 |
| Effective tax rate | 0.733% | 0.328% |
| Median gross rent | $868 | $817 |
| Population | 6,569 | 29,950 |
The weather behind that power bill
St. Gabriel sits in Iberville Parish, which averages a high of 91.8°F in its hottest month and a low of 39.6°F in its coldest, with 64.46" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,563 cooling and 1,692 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Iberville Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Iberville Parish
Full Iberville Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are St. Gabriel 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 St. Gabriel every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in St. Gabriel I already own here and may sell
Common questions
How much does it cost to own a home in St. Gabriel?
A $248,000 home in St. Gabriel, Louisiana costs approximately $2,157 per month with 20% down at 7.24%. That is $1,352 principal and interest, $151 property tax, $224 homeowners insurance, $223 utilities and $207 set aside for maintenance.
What is the property tax rate in St. Gabriel?
St. Gabriel has an effective property tax rate of 0.733%, based on a median home value of $248,100 and median real estate taxes of $1,819. That is higher than the Iberville Parish average of 0.328%.
What is the average home price in St. Gabriel?
The median owner-occupied home value in St. Gabriel, Louisiana is $248,100, against $177,100 across Iberville Parish.
Is it cheaper to rent or buy in St. Gabriel?
Median gross rent in St. Gabriel is $868 a month, against $2,157 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 St. Gabriel?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in St. Gabriel, Louisiana at today's rate takes a household income of roughly $92,500 a year. That covers the full $2,157 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for St. Gabriel, 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.