Cost of Living in De Soto Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How De Soto Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
De Soto Parish ranks #261 of 3,144 counties for affordability (top 8%)
Data Story
About Cost of Living in De Soto Parish, Louisiana
De Soto balances affordability well
De Soto Parish residents spend 18.7% of their income on rent, beating the national average despite a median income of $46,077 that trails the nation's $74,755. De Soto delivers affordable housing relative to regional incomes.
De Soto ranks among Louisiana's best
At 18.7%, De Soto's rent-to-income ratio outperforms Louisiana's state average of 19.5%, placing it in the state's more affordable upper tier. This rural parish punches above its weight on housing affordability.
De Soto offers competitive value
De Soto's median rent of $719 sits between Caldwell Parish ($756) and Catahoula Parish ($724), while its median income of $46,077 matches rural regional peers. Home values of $150,700 offer solid middle ground between urban and ultra-rural properties.
De Soto's balanced housing economics
Renters pay $719 monthly and homeowners pay $619 against a median income of $46,077—housing takes under 19% of earnings. De Soto achieves the rare balance of rural affordability without excessive income strain.
De Soto suits balanced relocations
For families seeking affordable Louisiana living with manageable housing burdens, De Soto Parish offers strong value. The parish's below-average affordability ratio makes it ideal for those relocating on moderate incomes.
Cost of Living Advisory: De Soto Parish
Affordability Verdict
De Soto Parish is affordable for renters, with a median gross rent of $719/month representing approximately 18.7% of median household income. The rent burden (GRAPI) stands at 31.0%.
Rent vs. Own
The median rent in De Soto Parish is $719/month, while owner costs run $619/month. Owning saves approximately $100/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,760/year. For owner costs at the 28% rule, the required income is roughly $26,529/year. With a median household income of $46,077, most households can comfortably afford rent here. Notably, 31.0% of renter households in De Soto Parish are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Washington Parish where rent averages $772/month, De Soto Parish is approximately 7% less expensive.
Affordability Calculator
See how your income compares to housing costs in De Soto Parish
Rent Burden
18.7%
of gross income
Max Housing (28% Rule)
$1,075
per month
Owner Cost Burden
16.1%
of gross income
The median home in De Soto Parish may be a stretch
Median home value is $150,700. Estimated monthly cost: $1,203 vs. your max of $1,075.
Rent Affordability Guide
Income Needed Calculator
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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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