St. Landry Parish, Louisiana Housing Market

In St. Landry Parish, Louisiana, the median home value is $142,500, with a median monthly rent of $748. This places St. Landry Parish at #2341 nationally out of 3134 counties by median home value, and #40 within Louisiana.

Median Home Value $142,500
Median Rent $748/mo
Owner Occupancy 70.1%
Price/Rent Ratio 15.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in St. Landry Parish rose +6.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

19,016
jobs (private sector)
  • Avg weekly wage: $928
  • Establishments: 1,995
  • BLS QCEW, 2025
🏗️

Housing Supply

153
new units authorized (2025)
  • Single-family: 153
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+710
net migration (filers, 2021-2022)
  • Inflow: 30,377 (avg $55,980)
  • Outflow: 29,667 (avg $56,132)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in St. Landry Parish · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 70570 187.9 +5.11% 2025
2 70584 223.6 +4.07% 2025
3 70512 198.4 -0.30% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How St. Landry Parish Compares

MetricSt. Landry ParishLouisiana AverageU.S. Average
Median Home Value $142,500 $167,368 $227,706
Median Gross Rent $748 $914 $968
Owner Occupancy Rate 70.1% 72.2% 73.3%
Price/Rent Ratio 15.9 15.1 18.7

Market Analysis

The median home value in St. Landry Parish is 14.9% below the Louisiana state average and 37.4% below the U.S. national average. The median rent of $748/month is 18.2% below the state average.

With a price-to-rent ratio of 15.9, the buy-vs-rent decision in St. Landry Parish is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

St. Landry Parish has an owner-occupancy rate of 70.1%, compared to 72.2% in Louisiana and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Independence County Arkansas $142,600 $845
Itawamba County Mississippi $142,400 $811
Miner County South Dakota $142,600 $644
Carroll County Tennessee $142,400 $755
Monroe County Ohio $142,700 $672

Other Counties in Louisiana

CountyMedian Home ValueMedian RentOwner Occ.
Richland Parish $141,900 $903 66.8%
Grant Parish $143,300 $904 79.4%
St. Mary Parish $138,900 $848 68.6%
Assumption Parish $150,300 $810 84.8%
Jefferson Davis Parish $150,800 $848 77.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).