Cost of Living in Lincoln Parish, Louisiana

$821/mo
Median Monthly Rent
$195,500
Median Home Value

At a Glance

Median Monthly Rent
$821/mo
6% below state average
Median Home Value
$195,500
31% below national
Rent-to-Income Ratio
39.0%
% 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 Lincoln Parish Compares

Median monthly rent comparison

Lincoln Parish$821/mo
Louisiana Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$821/mo
Median Gross Rent
$195,500
Median Home Value
$632/mo
Monthly Owner Cost
39.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Lincoln Parish ranks #1,620 of 3,144 counties for affordability (bottom 48%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Lincoln Parish, Louisiana

Lincoln Parish: steepest housing burden in Louisiana group

At 25.9%, Lincoln Parish's rent-to-income ratio far exceeds the national average and every other parish here, signaling severe affordability stress. The median household income of just $38,035—the lowest in this group and 49% below the national median—creates acute housing pressure.

Least affordable Louisiana parish in this comparison

Lincoln Parish's 25.9% rent-to-income ratio towers above the Louisiana state average of 19.5%, indicating the most stretched housing burden in this eight-parish group. Low median income compounds the challenge despite moderate absolute rent levels.

Income challenges overshadow moderate rent costs

Lincoln's $821/month median rent falls in the middle range of these parishes, but the combination with the lowest median income ($38,035) creates the worst affordability ratio. This parish's economic challenges require stronger income growth to improve housing sustainability.

Renters stretch to 25.9%; homeownership offers modest relief

The median renter allocates $821 monthly—a crushing 25.9% of just $38,035 household income—the most burdensome ratio in this group. Homeowners face $632/month costs, which helps, but the parish's income level remains the central challenge.

Lincoln Parish: affordability challenges demand attention

With a 25.9% rent-to-income ratio, Lincoln Parish signals economic stress that housing affordability alone cannot solve—local income growth is the critical need. Relocate here only with secure, above-average income prospects that exceed parish medians.

Cost of Living Advisory: Lincoln Parish

Affordability Verdict

For renters in Lincoln Parish, the market is moderately affordable. Expect to pay around $821/month in gross rent, with 39.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Lincoln Parish is $821/month, while owner costs run $632/month. Owning saves approximately $189/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,840/year. For owner costs at the 28% rule, the required income is roughly $27,086/year. With a median household income of $38,035, most households can comfortably afford rent here. Notably, 39.0% of renter households in Lincoln Parish are cost-burdened, spending more than 30% of income on housing.

Regional Context

Lincoln Parish sits 7% more expensive than East Carroll Parish ($767/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Lincoln Parish

$

Rent Burden

25.9%

of gross income

Max Housing (28% Rule)

$887

per month

Owner Cost Burden

19.9%

of gross income

The median home in Lincoln Parish may be a stretch

Median home value is $195,500. Estimated monthly cost: $1,561 vs. your max of $887.

Rent Affordability Guide

Your rent-to-income ratio25.9%
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: $38,035Needed: $32,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $38,035Needed: $27,086
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $38,035Needed: $45,498

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 Lincoln Parish, Louisiana?
Lincoln Parish, Louisiana has a median monthly rent of $821/mo and a median home value of $195,500. The affordability rating is Unaffordable, with rent making up approximately 39.0% of median household income.
What is the median rent in Lincoln Parish?
The median gross rent in Lincoln Parish is $821/mo. This is 6% below state average for Louisiana.
Is Lincoln Parish affordable?
Lincoln Parish is rated Unaffordable based on rent-to-income ratio of 39.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lincoln Parish's rent compare to the state average?
Lincoln Parish's median rent of $821/mo is 6% below state average of $873/mo for Louisiana.
What is the median home value in Lincoln Parish?
The median home value in Lincoln Parish, Louisiana is $195,500. This is 31% 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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