Cost of Living in St. Mary Parish, Louisiana

$839/mo
Median Monthly Rent
$128,000
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$839/mo
4% below state average
Median Home Value
$128,000
55% below national
Rent-to-Income Ratio
30.0%
% 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 St. Mary Parish Compares

Median monthly rent comparison

St. Mary Parish$839/mo
Louisiana Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$839/mo
Median Gross Rent
$128,000
Median Home Value
$552/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in St. Mary Parish, Louisiana

St. Mary matches national affordability norms

At 19.4%, St. Mary's rent-to-income ratio sits at the national benchmark, reflecting sustainable housing costs for renters. With a median household income of $51,768, residents earn significantly less than the national median of $74,755 but achieve affordability through lower regional rents.

Top-tier affordability across Louisiana

St. Mary ranks among Louisiana's most affordable parishes with a 19.4% rent-to-income ratio, outperforming the state average of 19.5%. This consistency places the parish in the best quartile statewide for housing burden.

Lower rents, lower home values too

St. Mary's $839 monthly rent undercuts the state average of $873 by $34, sitting in the middle of the tri-parish cluster. Median home values of $128,000 make St. Mary the most affordable for buyers among St. Landry, St. Martin, and St. Mary.

Housing takes 19% of household budgets

Renters pay $839 monthly while homeowners carry $552, with a median income of $51,768 spreading that burden comfortably. At 19.4% of income, housing leaves substantial room for healthcare, food, and other necessities.

St. Mary offers deep affordability for movers

If lowest home values and rent burdens appeal to you, St. Mary Parish delivers with median ownership costs of $552 and homes valued near $128,000. Test this parish against neighboring options before committing to your Louisiana relocation.

Affordability Calculator

See how your income compares to housing costs in St. Mary Parish

$

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$1,208

per month

Owner Cost Burden

12.8%

of gross income

You can likely afford the median home in St. Mary Parish

Median home value is $128,000. Estimated monthly cost: $1,022 vs. your max of $1,208.

Rent Affordability Guide

Your rent-to-income ratio19.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in St. Mary Parish, Louisiana?
St. Mary Parish, Louisiana has a median monthly rent of $839/mo and a median home value of $128,000. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in St. Mary Parish?
The median gross rent in St. Mary Parish is $839/mo. This is 4% below state average for Louisiana.
Is St. Mary Parish affordable?
St. Mary Parish is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does St. Mary Parish's rent compare to the state average?
St. Mary Parish's median rent of $839/mo is 4% below state average of $873/mo for Louisiana.
What is the median home value in St. Mary Parish?
The median home value in St. Mary Parish, Louisiana is $128,000. This is 55% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.