The typical owner-occupied home in Eros is worth about $48,000, 78% below the Louisiana median of $216,500 and 86% below the national median of $332,700. The median household earns $32,250 a year, so the median home costs 1.5 times the median income (3.6 times for Louisiana). 88% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Eros at a glance
| Eros | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $48,000 | $216,500 | $332,700 |
| Median property tax paid per year | – | $1,180 | $3,119 |
| Median household income | $32,250 | $60,756 | $80,734 |
| Homes lived in by their owners | 88% | 67% | 65% |
| Owner homes with a mortgage | 42% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $955 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 37.5% | 20.4% | 21.0% |
| Median rent | $755 | $1,064 | $1,413 |
| Median year homes were built | 1968 | 1983 | 1980 |
| Vacant homes | 6.4% | 14.4% | 10.1% |
| Population | 206 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Eros
At this week's average 30-year rate of 7.11%, buying the median Eros home of $48,000 with 20% down costs about $322 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $402, 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 $13,814 for the 20%-down payment. That payment is 12% of the median Eros household income of $32,250; at that income and 20% down, the 28% guideline points to a home of about $112,000.
The median rent here is $755 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $9,600 |
|---|---|
| Loan amount | $38,400 |
| Principal and interest | $258 |
| Property taxes (1.10% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| PMI | $0 |
| Total per month | $322 |
Change the numbers in the calculator
| Down payment | $1,680 |
|---|---|
| Loan amount | $47,131 |
| Principal and interest | $317 |
| Property taxes (1.10% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| FHA mortgage insurance | $21 |
| Total per month | $402 |
Change the numbers in the calculator
Questions about home buying in Eros
What is the median home value in Eros?
About $48,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Eros?
For the median home with 20% down at 7.11%, the payment is about $322 a month. Keeping that under 28% of gross income takes about $13,814 a year.
More about Eros
- Mortgage Refinance in Eros
- Debt Relief in Eros
- Home Equity Loans in Eros
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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