Vermilion Parish, Louisiana Housing Market
In Vermilion Parish, Louisiana, the median home value is $163,300, with a median monthly rent of $848. This places Vermilion Parish at #1947 nationally out of 3134 counties by median home value, and #31 within Louisiana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $958
- Establishments: 1,276
- BLS QCEW, 2025
Housing Supply
- Single-family: 254
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 21,439 (avg $61,886)
- Outflow: 20,859 (avg $62,530)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Vermilion Parish · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 70548 | 197.2 | -6.92% | 2025 |
| 2 | 70510 | 170.8 | +1.46% | 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.
🔗 Explore Vermilion Parish on Our Sister Sites
Get the complete picture for Vermilion Parish — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Vermilion Parish Compares
| Metric | Vermilion Parish | Louisiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $163,300 | $167,368 | $227,706 |
| Median Gross Rent | $848 | $914 | $968 |
| Owner Occupancy Rate | 73.4% | 72.2% | 73.3% |
| Price/Rent Ratio | 16.0 | 15.1 | 18.7 |
Market Analysis
The median home value in Vermilion Parish is 2.4% below the Louisiana state average and 28.3% below the U.S. national average. The median rent of $848/month is 7.2% below the state average.
With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Vermilion Parish is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Vermilion Parish has an owner-occupancy rate of 73.4%, compared to 72.2% in Louisiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Marion County | Arkansas | $163,300 | $795 |
| Edmunds County | South Dakota | $163,300 | $992 |
| Perry County | Indiana | $163,400 | $682 |
| Jefferson County | Iowa | $163,400 | $883 |
| Russell County | Kentucky | $163,200 | $681 |
Other Counties in Louisiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| St. Martin Parish | $164,200 | $870 | 77.7% |
| Iberia Parish | $164,500 | $897 | 67.3% |
| Beauregard Parish | $161,700 | $898 | 84.8% |
| Vernon Parish | $156,000 | $1,068 | 56.0% |
| Washington Parish | $155,700 | $774 | 69.3% |
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).