CostBy County

Cost of Living in Ouachita Parish, Louisiana

$959/mo
Median Monthly Rent
$194,400
Median Home Value

At a Glance

Median Monthly Rent
$959/mo
5% above state average
Median Home Value
$194,400
42% below national
Census GRAPI
35.1%
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
Stretched
Median gross rent is 30–50% 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 Ouachita Parish Compares

Median monthly rent comparison

Ouachita Parish$959/mo
Louisiana Average$914/mo
National Median$1,413/mo

Detailed Housing Stats

$959/mo
Median Gross Rent
$194,400
Median Home Value
$938/mo
Monthly Owner Cost
35.1%
Census GRAPI

National Ranking

Affordability Rank

Ouachita Parish ranks #2,005 of 3,142 counties for affordability (bottom 36%)

Most AffordableLeast Affordable

Sourced county brief

Ouachita Parish Rent Burden Higher Than State County Average

In Ouachita Parish, the official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 35.1%. This figure differs from the Louisiana unweighted county mean of 32.7% by 2.4 percentage points. The median gross rent was estimated at $959 per month, which is higher than the state unweighted county mean of $914. Renter households in the parish had a median income of $30,168. For owner-occupied units, the median home value was $194,400, compared to the state unweighted county mean of $167,369. Median selected monthly owner costs were $938, which is $200 above the state unweighted county mean of $738. These statistics represent a snapshot of the 2020-2024 ACS 5-year period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Ouachita Parish

Affordability Verdict

ACS B25071 estimates median gross rent at 35.1% of renter household income in Ouachita Parish, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $959 per month; median selected monthly owner costs are $938. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $38,360 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. Ouachita Parish's $959 median is 4.9% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Ouachita Parish

$

Rent Burden

21.0%

of gross income

Max Housing (28% Rule)

$1,276

per month

Owner Cost Burden

20.6%

of gross income

The median home in Ouachita Parish may be a stretch

Median home value is $194,400. Estimated monthly cost: $1,552 vs. your max of $1,276.

Rent Affordability Guide

Your entered rent as a share of entered income21.0%
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: $54,688Needed: $38,360
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,688Needed: $40,200
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,688Needed: $45,242

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 Ouachita Parish, Louisiana?
Ouachita Parish, Louisiana has a median monthly rent of $959/mo and a median home value of $194,400. The affordability rating is Stretched, with median gross rent equal to approximately 35.1% of renter household income.
What is the median rent in Ouachita Parish?
The median gross rent in Ouachita Parish is $959/mo. This is 5% above state average for Louisiana.
Is Ouachita Parish affordable?
Ouachita Parish is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 35.1%. Median gross rent is 30–50% of renter household income.
How does Ouachita Parish's rent compare to the state average?
Ouachita Parish's median rent of $959/mo is 5% above state average of $914/mo for Louisiana.
What is the median home value in Ouachita Parish?
The median home value in Ouachita Parish, Louisiana is $194,400. This is 42% 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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