Ranked from ACS 2023 5-Year
Counties Where Renting Costs Far Less Than Owning in Louisiana
The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.
Louisiana ranked
| # | County | Monthly saved by renting | Median rent | Monthly to own |
|---|---|---|---|---|
| 1 | Orleans Parish | $1,309 | $1,211 | $2,520 |
| 2 | West Feliciana Parish | $1,198 | $998 | $2,196 |
| 3 | St. Charles Parish | $1,016 | $1,144 | $2,160 |
| 4 | East Feliciana Parish | $1,015 | $745 | $1,760 |
| 5 | St. Tammany Parish | $1,009 | $1,305 | $2,314 |
| 6 | Lafayette Parish | $966 | $1,022 | $1,988 |
| 7 | East Baton Rouge Parish | $939 | $1,121 | $2,060 |
| 8 | Ascension Parish | $933 | $1,283 | $2,216 |
| 9 | West Baton Rouge Parish | $909 | $1,021 | $1,930 |
| 10 | Jefferson Parish | $887 | $1,162 | $2,049 |
| 11 | St. James Parish | $886 | $821 | $1,707 |
| 12 | Lincoln Parish | $864 | $821 | $1,685 |
| 13 | Tangipahoa Parish | $768 | $974 | $1,742 |
| 14 | Livingston Parish | $757 | $1,102 | $1,859 |
| 15 | Lafourche Parish | $717 | $933 | $1,650 |
| 16 | Iberville Parish | $705 | $817 | $1,522 |
| 17 | Pointe Coupee Parish | $702 | $794 | $1,496 |
| 18 | Bossier Parish | $690 | $1,168 | $1,858 |
| 19 | Ouachita Parish | $677 | $923 | $1,600 |
| 20 | Calcasieu Parish | $677 | $1,096 | $1,773 |
| 21 | Natchitoches Parish | $671 | $767 | $1,438 |
| 22 | Plaquemines Parish | $667 | $1,611 | $2,278 |
| 23 | LaSalle Parish | $664 | $576 | $1,240 |
| 24 | Rapides Parish | $631 | $942 | $1,573 |
| 25 | Terrebonne Parish | $620 | $1,010 | $1,630 |
| 26 | De Soto Parish | $607 | $719 | $1,326 |
| 27 | Vermilion Parish | $594 | $802 | $1,396 |
| 28 | Caddo Parish | $593 | $962 | $1,555 |
| 29 | St. Bernard Parish | $578 | $1,083 | $1,661 |
| 30 | Acadia Parish | $572 | $725 | $1,297 |
| 31 | Beauregard Parish | $548 | $882 | $1,430 |
| 32 | St. Landry Parish | $525 | $742 | $1,267 |
| 33 | Sabine Parish | $514 | $664 | $1,178 |
| 34 | Iberia Parish | $479 | $891 | $1,370 |
| 35 | Washington Parish | $476 | $772 | $1,248 |
| 36 | St. Martin Parish | $475 | $865 | $1,340 |
| 37 | St. John the Baptist Parish | $474 | $1,118 | $1,592 |
| 38 | Assumption Parish | $470 | $801 | $1,271 |
| 39 | Grant Parish | $448 | $806 | $1,254 |
| 40 | Jefferson Davis Parish | $434 | $847 | $1,281 |
| 41 | Evangeline Parish | $423 | $663 | $1,086 |
| 42 | Franklin Parish | $363 | $719 | $1,082 |
| 43 | Avoyelles Parish | $353 | $739 | $1,092 |
| 44 | Winn Parish | $334 | $640 | $974 |
| 45 | St. Mary Parish | $330 | $839 | $1,169 |
| 46 | Union Parish | $318 | $758 | $1,076 |
| 47 | Bienville Parish | $308 | $600 | $908 |
| 48 | Richland Parish | $302 | $836 | $1,138 |
| 49 | Jackson Parish | $291 | $719 | $1,010 |
| 50 | Allen Parish | $282 | $739 | $1,021 |
| 51 | Red River Parish | $266 | $731 | $997 |
| 52 | Vernon Parish | $263 | $1,038 | $1,301 |
| 53 | Madison Parish | $254 | $625 | $879 |
| 54 | Caldwell Parish | $243 | $756 | $999 |
| 55 | West Carroll Parish | $236 | $692 | $928 |
| 56 | Morehouse Parish | $234 | $795 | $1,029 |
| 57 | Webster Parish | $224 | $777 | $1,001 |
| 58 | Claiborne Parish | $210 | $619 | $829 |
| 59 | St. Helena Parish | $209 | $802 | $1,011 |
| 60 | Concordia Parish | $204 | $774 | $978 |
| 61 | Tensas Parish | $195 | $613 | $808 |
| 62 | Catahoula Parish | $141 | $724 | $865 |
| 63 | East Carroll Parish | $93 | $767 | $860 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in Louisiana