Total monthly cost of ownership
Cost to Own a Home in Ville Platte, Louisiana
A $88,000 home here costs
$817per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $452. The real number is $365 higher every month — 81% 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.
Ville Platte against Evangeline Parish and Louisiana
| Measure | Ville Platte | Evangeline Parish |
|---|---|---|
| Median home value | $88,100 | $118,500 |
| Median property tax | $199 | $323 |
| Effective tax rate | 0.226% | 0.273% |
| Median gross rent | $678 | $663 |
| Population | 6,299 | 32,162 |
The weather behind that power bill
Ville Platte 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 Ville Platte?
A $88,000 home in Ville Platte, Louisiana costs approximately $817 per month with 20% down at 6.66%. That is $452 principal and interest, $17 property tax, $79 homeowners insurance, $195 utilities and $73 set aside for maintenance.
What is the property tax rate in Ville Platte?
Ville Platte has an effective property tax rate of 0.226%, based on a median home value of $88,100 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 Ville Platte?
The median owner-occupied home value in Ville Platte, Louisiana is $88,100, against $118,500 across Evangeline Parish.
Is it cheaper to rent or buy in Ville Platte?
Median gross rent in Ville Platte is $678 a month, against $817 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 Ville Platte — 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.