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Buying a home in Rodessa, Louisiana

The typical owner-occupied home in Rodessa is worth about $60,000, 72% below the Louisiana median of $216,500 and 82% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.33% of their home's value, lower than the Louisiana rate of 0.55%. 73% of occupied homes here are lived in by their owners, and 11% of those owners still have a mortgage.

Rodessa at a glance

Rodessa Louisiana U.S.
Median home value $60,000 $216,500 $332,700
Median property tax paid per year $199 $1,180 $3,119
Property tax as a share of value 0.33% 0.55% 0.94%
Median household income – $60,756 $80,734
Homes lived in by their owners 73% 67% 65%
Owner homes with a mortgage 11% 52% 61%
Median monthly costs, owners with a mortgage – $1,604 $1,963
Median rent $644 $1,064 $1,413
Rent as a share of renters' income 21.5% 32.8% 30.6%
Median year homes were built 1980 1983 1980
Vacant homes 9.3% 14.4% 10.1%
Population 173 4,611,961 334,922,499

What a typical home costs per month in Rodessa

At this week's average 30-year rate of 7.11%, buying the median Rodessa home of $60,000 with 20% down costs about $364 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $464, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $15,617 for the 20%-down payment.

The median rent here is $644 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$12,000
Loan amount$48,000
Principal and interest$323
Property taxes (0.33% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$25
PMI$0
Total per month$364

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3.5% down, 30-year FHA loan
Down payment$2,100
Loan amount$58,913
Principal and interest$396
Property taxes (0.33% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$25
FHA mortgage insurance$27
Total per month$464

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Questions about home buying in Rodessa

What is the median home value in Rodessa?

About $60,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Rodessa?

Homeowners pay a median $199 a year, which is about 0.33% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Rodessa?

For the median home with 20% down at 7.11%, the payment is about $364 a month. Keeping that under 28% of gross income takes about $15,617 a year.

More about Rodessa

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data