CostBy County

Cost of Living in Iberville Parish, Louisiana

$827/mo
Median Monthly Rent
$172,800
Median Home Value

At a Glance

Median Monthly Rent
$827/mo
10% below state average
Median Home Value
$172,800
48% below national
Census GRAPI
28.8%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Iberville Parish Compares

Median monthly rent comparison

Iberville Parish$827/mo
Louisiana Average$914/mo
National Median$1,413/mo

Detailed Housing Stats

$827/mo
Median Gross Rent
$172,800
Median Home Value
$692/mo
Monthly Owner Cost
28.8%
Census GRAPI

National Ranking

Affordability Rank

Iberville Parish ranks #973 of 3,142 counties for affordability (top 31%)

Most AffordableLeast Affordable

Sourced county brief

Iberville Parish Median Home Value Estimated at $172,800

The median home value in Iberville Parish was $172,800, which is $5,431 higher than the Louisiana unweighted county mean of $167,369. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 28.8%, or 3.9 percentage points below the state unweighted county mean of 32.7%. Median gross rent was recorded at $827 per month, compared to the state unweighted county mean of $914. For homeowners, median selected monthly owner costs for all owner-occupied units were $692. The renter-household median income was $32,568, and the median income for all households was $54,000. These figures provide a reproducible snapshot of local housing costs. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Iberville Parish

Affordability Verdict

ACS B25071 estimates median gross rent at 28.8% of renter household income in Iberville Parish, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $827 per month; median selected monthly owner costs are $692. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $33,080 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Louisiana unweighted mean of county median rents is $914 per month. Iberville Parish's $827 median is 9.6% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Iberville Parish

$

Rent Burden

18.4%

of gross income

Max Housing (28% Rule)

$1,260

per month

Owner Cost Burden

15.4%

of gross income

The median home in Iberville Parish may be a stretch

Median home value is $172,800. Estimated monthly cost: $1,380 vs. your max of $1,260.

Rent Affordability Guide

Your entered rent as a share of entered income18.4%
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: $54,000Needed: $33,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,000Needed: $29,657
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,000Needed: $40,215

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 Iberville Parish, Louisiana?
Iberville Parish, Louisiana has a median monthly rent of $827/mo and a median home value of $172,800. The affordability rating is Affordable, with median gross rent equal to approximately 28.8% of renter household income.
What is the median rent in Iberville Parish?
The median gross rent in Iberville Parish is $827/mo. This is 10% below state average for Louisiana.
Is Iberville Parish affordable?
Iberville Parish is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.8%. Median gross rent is under 30% of renter household income.
How does Iberville Parish's rent compare to the state average?
Iberville Parish's median rent of $827/mo is 10% below state average of $914/mo for Louisiana.
What is the median home value in Iberville Parish?
The median home value in Iberville Parish, Louisiana is $172,800. This is 48% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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