Cost of Living in Vermilion Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Vermilion Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Vermilion Parish ranks #810 of 3,144 counties for affordability (top 26%)
Data Story
About Cost of Living in Vermilion Parish, Louisiana
Vermilion ranks better than nation
Renters in Vermilion Parish spend just 16.7% of their income on rent, well below the national affordability threshold of 30%. This puts the parish among the more affordable rental markets in the country, despite median household income of $57,537—well below the national median of $74,755.
Among Louisiana's most affordable
Vermilion's 16.7% rent-to-income ratio beats Louisiana's state average of 19.5%, ranking the parish as one of the more affordable places to rent in the state. The median rent of $802 per month is also $71 below the state average.
Vermilion versus adjacent parishes
Vermilion Parish offers competitive rental rates compared to nearby Vernon Parish, where renters pay $1,038 monthly—more than $200 above Vermilion's median. Homeownership remains equally accessible, with median home values of $159,700 versus Vernon's $143,500.
Housing costs stay manageable here
Renters dedicate 16.7% of their $57,537 annual income to the $802 monthly median rent, leaving substantial income for other needs. Homeowners fare similarly well, with monthly costs of $582 consuming just 12.1% of household income.
Consider Vermilion for affordability
If housing costs matter in your relocation decision, Vermilion Parish delivers both rental and ownership affordability without sacrificing community stability. The parish's rent-to-income ratio and median home values make it competitive against Louisiana neighbors and the national average.
Cost of Living Advisory: Vermilion Parish
Affordability Verdict
Vermilion Parish offers affordable rental housing at a median of $802/month — about 16.7% of the typical household income here.
Rent vs. Own
Renters in Vermilion Parish pay $802/month on average, compared to $582/month for homeowners. This market favors buyers by about 27%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,080/year. For owner costs at the 28% rule, the required income is roughly $24,943/year. With a median household income of $57,537, most households can comfortably afford rent here. Notably, 30.0% of renter households in Vermilion Parish are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Louisiana, Vermilion Parish is more affordable than East Feliciana Parish by roughly 8% ($802/mo vs $745/mo).
Affordability Calculator
See how your income compares to housing costs in Vermilion Parish
Rent Burden
16.7%
of gross income
Max Housing (28% Rule)
$1,343
per month
Owner Cost Burden
12.1%
of gross income
You can likely afford the median home in Vermilion Parish
Median home value is $159,700. Estimated monthly cost: $1,275 vs. your max of $1,343.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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