Cost of Living in Caldwell Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Caldwell Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Caldwell Parish ranks #692 of 3,144 counties for affordability (top 22%)
Data Story
About Cost of Living in Caldwell Parish, Louisiana
Caldwell's bargain rents nationwide
Caldwell Parish residents spend just 20.2% of their income on rent—closer to national averages despite earning $44,957, or 40% below the national median. Caldwell offers genuine affordability in a rural package.
Caldwell ranks among most affordable
At 20.2%, Caldwell's rent-to-income ratio sits just above Louisiana's state average of 19.5%, making it one of the state's more livable parishes for renters. Low rents of $756 per month anchor this affordability advantage.
Caldwell undercuts surrounding parishes
Caldwell's median rent of $756 beats Caddo Parish ($962) and Catahoula Parish ($724), while its median home value of $106,000 offers rural housing at rock-bottom prices. For pure affordability, few parishes in the region compete.
Minimal housing burden in Caldwell
Caldwell renters pay $756 monthly and homeowners pay $506 against a median income of $44,957—meaning housing consumes under 20% of household earnings. This leaves more money for essentials and savings than most other parishes.
Caldwell is Louisiana's budget option
If you're relocating on a tight budget, Caldwell Parish delivers unbeatable affordability with low rents and affordable property values. Trade density for savings and enjoy one of the state's lightest housing burdens.
Cost of Living Advisory: Caldwell Parish
Affordability Verdict
Caldwell Parish is affordable for renters, with a median gross rent of $756/month representing approximately 20.2% of median household income. The rent burden (GRAPI) stands at 42.0%.
Rent vs. Own
Renters in Caldwell Parish pay $756/month on average, compared to $506/month for homeowners. This market favors buyers by about 33%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,240/year. For owner costs at the 28% rule, the required income is roughly $21,686/year. With a median household income of $44,957, most households can comfortably afford rent here. Notably, 42.0% of renter households in Caldwell Parish are cost-burdened, spending more than 30% of income on housing.
Regional Context
Caldwell Parish sits 7% less expensive than Iberville Parish ($817/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Caldwell Parish
Rent Burden
20.2%
of gross income
Max Housing (28% Rule)
$1,049
per month
Owner Cost Burden
13.5%
of gross income
You can likely afford the median home in Caldwell Parish
Median home value is $106,000. Estimated monthly cost: $846 vs. your max of $1,049.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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