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Buying a home in St. Landry Parish, Louisiana

The typical owner-occupied home in St. Landry Parish is worth about $142,500, 34% below the Louisiana median of $216,500 and 57% below the national median of $332,700. Owners pay a median $411 a year in property taxes, about 0.29% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $44,462 a year, so the median home costs 3.2 times the median income (3.6 times for Louisiana). 70% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.

St. Landry Parish at a glance

St. Landry Parish Louisiana U.S.
Median home value $142,500 $216,500 $332,700
Median property tax paid per year $411 $1,180 $3,119
Property tax as a share of value 0.29% 0.55% 0.94%
Median household income $44,462 $60,756 $80,734
Homes lived in by their owners 70% 67% 65%
Owner homes with a mortgage 39% 52% 61%
Median monthly costs, owners with a mortgage $1,228 $1,604 $1,963
Those costs as a share of the owners' income 20.9% 20.4% 21.0%
Median rent $748 $1,064 $1,413
Rent as a share of renters' income 30.4% 32.8% 30.6%
Median year homes were built 1980 1983 1980
Vacant homes 13.6% 14.4% 10.1%
Population 81,670 4,611,961 334,922,499

What a typical home costs per month in St. Landry Parish

At this week's average 30-year rate of 7.11%, buying the median St. Landry Parish home of $142,500 with 20% down costs about $861 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,098, 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 $36,887 for the 20%-down payment. That payment is 23% of the median St. Landry Parish household income of $44,462; at that income and 20% down, the 28% guideline points to a home of about $172,000.

The median rent here is $748 a month, so owning the median home costs about $113 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$28,500
Loan amount$114,000
Principal and interest$767
Property taxes (0.29% a year)$34
Homeowners insurance (our estimate, 0.5% a year)$59
PMI$0
Total per month$861

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3.5% down, 30-year FHA loan
Down payment$4,988
Loan amount$139,919
Principal and interest$941
Property taxes (0.29% a year)$34
Homeowners insurance (our estimate, 0.5% a year)$59
FHA mortgage insurance$63
Total per month$1,098

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Questions about home buying in St. Landry Parish

What is the median home value in St. Landry Parish?

About $142,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in St. Landry Parish?

Homeowners pay a median $411 a year, which is about 0.29% 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 St. Landry Parish?

For the median home with 20% down at 7.11%, the payment is about $861 a month. Keeping that under 28% of gross income takes about $36,887 a year.

More about St. Landry Parish

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