Cost of Living in Concordia Parish, Louisiana

$774/mo
Median Monthly Rent
$102,400
Median Home Value

At a Glance

Median Monthly Rent
$774/mo
11% below state average
Median Home Value
$102,400
64% below national
Rent-to-Income Ratio
33.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Concordia Parish Compares

Median monthly rent comparison

Concordia Parish$774/mo
Louisiana Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$774/mo
Median Gross Rent
$102,400
Median Home Value
$541/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Concordia Parish ranks #2,020 of 3,144 counties for affordability (bottom 36%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Concordia Parish, Louisiana

Concordia's rent crushes low incomes

Concordia Parish residents spend 24.9% of their income on rent—the highest burden in our analysis and far above national averages. With a median household income of $37,349—50% below the national median—housing dominates Concordia's household finances.

Concordia's affordability crisis worst

At 24.9%, Concordia's rent-to-income ratio is Louisiana's worst, exceeding the state average by over 5 percentage points. This parish faces the state's most severe housing affordability challenge.

Concordia's income-to-rent mismatch

Concordia's median rent of $774 is higher than Caldwell ($756) and Catahoula ($724), yet its median income of $37,349 is among the state's lowest. This combination creates an affordability crisis unseen elsewhere in the region.

Housing devours Concordia budgets

Renters pay $774 monthly and homeowners pay $541 against a median income of $37,349—nearly 25% of income for renters, leaving little for other necessities. Concordia's housing burden ranks among America's worst.

Concordia demands stronger job market

Relocating to Concordia Parish requires securing employment well above the current median income of $37,349 to achieve reasonable affordability. Without significant income growth, housing will remain a crushing burden.

Cost of Living Advisory: Concordia Parish

Affordability Verdict

Housing in Concordia Parish is affordable. The median rent is $774/month against a median household income of $37,349, putting rent at 24.9% of income.

Rent vs. Own

The median rent in Concordia Parish is $774/month, while owner costs run $541/month. Owning saves approximately $233/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,960/year. For owner costs at the 28% rule, the required income is roughly $23,186/year. With a median household income of $37,349, most households can comfortably afford rent here. Notably, 33.0% of renter households in Concordia Parish are cost-burdened, spending more than 30% of income on housing.

Regional Context

Concordia Parish sits 8% more expensive than De Soto Parish ($719/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Concordia Parish

$

Rent Burden

24.9%

of gross income

Max Housing (28% Rule)

$871

per month

Owner Cost Burden

17.4%

of gross income

You can likely afford the median home in Concordia Parish

Median home value is $102,400. Estimated monthly cost: $817 vs. your max of $871.

Rent Affordability Guide

Your rent-to-income ratio24.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $37,349Needed: $30,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $37,349Needed: $23,186
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $37,349Needed: $23,831

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

What is the cost of living in Concordia Parish, Louisiana?
Concordia Parish, Louisiana has a median monthly rent of $774/mo and a median home value of $102,400. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Concordia Parish?
The median gross rent in Concordia Parish is $774/mo. This is 11% below state average for Louisiana.
Is Concordia Parish affordable?
Concordia Parish is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Concordia Parish's rent compare to the state average?
Concordia Parish's median rent of $774/mo is 11% below state average of $873/mo for Louisiana.
What is the median home value in Concordia Parish?
The median home value in Concordia Parish, Louisiana is $102,400. This is 64% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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