Cost of Living in Iberville Parish, Louisiana

$817/mo
Median Monthly Rent
$177,100
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$817/mo
6% below state average
Median Home Value
$177,100
37% below national
Rent-to-Income Ratio
26.0%
% 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 Iberville Parish Compares

Median monthly rent comparison

Iberville Parish$817/mo
Louisiana Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$817/mo
Median Gross Rent
$177,100
Median Home Value
$736/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Iberville Parish, Louisiana

Best affordability among urban-adjacent parishes

Iberville Parish renters spend 17.1% of income on rent, beating the national affordability threshold of 18% with median household income of $57,459 that, while below the U.S. average of $74,755, offers solid local earning potential. This near-urban parish delivers genuine housing security.

Strong affordability for Louisiana

Iberville's 17.1% rent-to-income ratio beats Louisiana's state average of 19.5% by 2.4 points, placing it in the state's more affordable tier. The median rent of $817 sits 6% below the state average of $873, creating real savings for renters.

Affordable middle ground

Iberville's $817 rent sits between rural parishes like Evangeline ($663) and regional center Iberia ($891), with income of $57,459 exceeding most rural peers. This positions Iberville as an affordable entry point near Louisiana's more developed regions.

Renters enjoy a clear advantage

Renters paying $817 monthly dedicate just 17.1% of $57,459 income to housing, while owners paying $736 (15.3%) enjoy only a slight advantage. Both groups benefit from affordability well below national and state stress thresholds.

Iberville offers proximity plus affordability

Iberville Parish combines excellent housing affordability (17.1% rent-to-income) with proximity to Baton Rouge's economic opportunities and a median home value of $177,100. This parish suits professionals seeking Lower Mainline convenience without East Baton Rouge's rent premium.

Affordability Calculator

See how your income compares to housing costs in Iberville Parish

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,341

per month

Owner Cost Burden

15.4%

of gross income

The median home in Iberville Parish may be a stretch

Median home value is $177,100. Estimated monthly cost: $1,414 vs. your max of $1,341.

Rent Affordability Guide

Your rent-to-income ratio17.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Iberville Parish, Louisiana?
Iberville Parish, Louisiana has a median monthly rent of $817/mo and a median home value of $177,100. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Iberville Parish?
The median gross rent in Iberville Parish is $817/mo. This is 6% below state average for Louisiana.
Is Iberville Parish affordable?
Iberville Parish is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Iberville Parish's rent compare to the state average?
Iberville Parish's median rent of $817/mo is 6% below state average of $873/mo for Louisiana.
What is the median home value in Iberville Parish?
The median home value in Iberville Parish, Louisiana is $177,100. This is 37% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Iberville Parish, Louisiana? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Iberville Parish

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

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