Cost of Living in Red River Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Red River Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Red River Parish ranks #361 of 3,142 counties for affordability (top 11%)
Sourced county brief
Red River Parish Median Home Value Estimated at $119,700
The median home value in Red River Parish was estimated at $119,700 according to the ACS 2020-2024 5-Year Estimates. This figure is below the Louisiana unweighted county mean of $167,369. For renter households, the median gross rent was $729 per month, which is lower than the state unweighted county mean of $914. The official median gross rent as a percentage of household income (GRAPI), as recorded in ACS table B25071, was 31.3%. This result is 1.4 percentage points lower than the state unweighted county mean official GRAPI of 32.7%. The median income for renter-occupied households in the parish was $24,222. For homeowners, the median selected monthly owner cost for all units was $584, compared to a state unweighted county mean of $738. These statistics provide a snapshot of housing costs for different tenure groups within the parish using U.S. Census Bureau ACS 2020-2024 data (data version acs5-2020-2024; methodology version cost-brief-v1). See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Red River Parish
Affordability Verdict
ACS B25071 estimates median gross rent at 31.3% of renter household income in Red River 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 $729 per month; median selected monthly owner costs are $584. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $29,160 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. Red River Parish's $729 median is 20.3% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Red River Parish
Rent Burden
17.8%
of gross income
Max Housing (28% Rule)
$1,147
per month
Owner Cost Burden
14.3%
of gross income
You can likely afford the median home in Red River Parish
Median home value is $119,700. Estimated monthly cost: $956 vs. your max of $1,147.
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 (2020-2024). Data is informational only and is not personalized financial advice.
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