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Buying a home in Mandeville, Louisiana

The typical owner-occupied home in Mandeville is worth about $376,100, 74% above the Louisiana median of $216,500 and 13% above the national median of $332,700. Owners pay a median $3,108 a year in property taxes, about 0.83% of their home's value, higher than the Louisiana rate of 0.55%. The median household earns $94,405 a year, so the median home costs 4.0 times the median income (3.6 times for Louisiana). 68% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.

Mandeville at a glance

Mandeville Louisiana U.S.
Median home value $376,100 $216,500 $332,700
Median property tax paid per year $3,108 $1,180 $3,119
Property tax as a share of value 0.83% 0.55% 0.94%
Median household income $94,405 $60,756 $80,734
Homes lived in by their owners 68% 67% 65%
Owner homes with a mortgage 66% 52% 61%
Median monthly costs, owners with a mortgage $2,210 $1,604 $1,963
Those costs as a share of the owners' income 22.4% 20.4% 21.0%
Median rent $1,422 $1,064 $1,413
Rent as a share of renters' income 27.7% 32.8% 30.6%
Median year homes were built 1990 1983 1980
Vacant homes 7.0% 14.4% 10.1%
Population 12,946 4,611,961 334,922,499

What a typical home costs per month in Mandeville

At this week's average 30-year rate of 7.11%, buying the median Mandeville home of $376,100 with 20% down costs about $2,441 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,067, 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 $104,609 for the 20%-down payment. That payment is 31% of the median Mandeville household income of $94,405; at that income and 20% down, the 28% guideline points to a home of about $339,000.

The median rent here is $1,422 a month, so owning the median home costs about $1,019 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$75,220
Loan amount$300,880
Principal and interest$2,024
Property taxes (0.83% a year)$260
Homeowners insurance (our estimate, 0.5% a year)$157
PMI$0
Total per month$2,441

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3.5% down, 30-year FHA loan
Down payment$13,164
Loan amount$369,288
Principal and interest$2,484
Property taxes (0.83% a year)$260
Homeowners insurance (our estimate, 0.5% a year)$157
FHA mortgage insurance$166
Total per month$3,067

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Questions about home buying in Mandeville

What is the median home value in Mandeville?

About $376,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Mandeville?

Homeowners pay a median $3,108 a year, which is about 0.83% 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 Mandeville?

For the median home with 20% down at 7.11%, the payment is about $2,441 a month. Keeping that under 28% of gross income takes about $104,609 a year.

More about Mandeville

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