Cost of Living in Union Parish, Louisiana

$758/mo
Median Monthly Rent
$115,400
Median Home Value

At a Glance

Median Monthly Rent
$758/mo
13% below state average
Median Home Value
$115,400
59% below national
Rent-to-Income Ratio
32.0%
% 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 Union Parish Compares

Median monthly rent comparison

Union Parish$758/mo
Louisiana Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$758/mo
Median Gross Rent
$115,400
Median Home Value
$490/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Union Parish ranks #175 of 3,144 counties for affordability (top 6%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Union Parish, Louisiana

Union Parish sits at national affordability edge

At 19.9%, Union Parish's rent-to-income ratio falls just shy of the national threshold and only marginally above Louisiana's state average. With a median household income of $45,743 and rents of $758, residents achieve stable housing through rural cost-of-living advantages.

Mid-tier affordability across Louisiana

Union Parish ranks in the middle band of Louisiana's 64 parishes for housing affordability, with a 19.9% rent-to-income ratio just 0.4 percentage points above state average. This positions the parish as neither particularly strained nor especially easy.

Similar to St. Landry in cost profile

Union Parish and St. Landry mirror each other closely: both offer rents around $750, incomes near $45,700, and median home values under $120,000. Union homes cost slightly less at $115,400 versus St. Landry's $142,900.

Housing takes one-fifth of income

Renters pay $758 monthly while homeowners carry $490, with a median income of $45,743 allocating 19.9% to rent. This tight but manageable ratio leaves limited flexibility for other household demands.

Union Parish for budget-conscious relocators

Job-seekers and retirees prioritizing absolute lowest costs should test Union Parish's $758 rents and $115,400 median home values against St. Landry. Compare employment and amenity options before choosing between these similar rural parishes.

Cost of Living Advisory: Union Parish

Affordability Verdict

For renters in Union Parish, the market is affordable. Expect to pay around $758/month in gross rent, with 32.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Union Parish pay $758/month on average, compared to $490/month for homeowners. This market favors buyers by about 35%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,320/year. For owner costs at the 28% rule, the required income is roughly $21,000/year. With a median household income of $45,743, most households can comfortably afford rent here. Notably, 32.0% of renter households in Union Parish are cost-burdened, spending more than 30% of income on housing.

Regional Context

Union Parish sits 7% less expensive than Iberville Parish ($817/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Union Parish

$

Rent Burden

19.9%

of gross income

Max Housing (28% Rule)

$1,067

per month

Owner Cost Burden

12.9%

of gross income

You can likely afford the median home in Union Parish

Median home value is $115,400. Estimated monthly cost: $921 vs. your max of $1,067.

Rent Affordability Guide

Your rent-to-income ratio19.9%
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: $45,743Needed: $30,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $45,743Needed: $21,000
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $45,743Needed: $26,857

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 Union Parish, Louisiana?
Union Parish, Louisiana has a median monthly rent of $758/mo and a median home value of $115,400. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Union Parish?
The median gross rent in Union Parish is $758/mo. This is 13% below state average for Louisiana.
Is Union Parish affordable?
Union Parish is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Union Parish's rent compare to the state average?
Union Parish's median rent of $758/mo is 13% below state average of $873/mo for Louisiana.
What is the median home value in Union Parish?
The median home value in Union Parish, Louisiana is $115,400. This is 59% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Union Parish, Louisiana? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Union Parish

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.