Housing decision brief
Iberia Parish, LA Housing Market
Iberia Parish screens as a higher purchase price, rent that needs comparison, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
34th lowest home value out of 64 Louisiana counties with data | 41st lowest rent out of 63
Median home value
$156,000
Purchase-price signal from Census ACS.
Median rent
$891/mo
Gross rent, including utilities where reported.
Monthly owner cost
$688/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.7x
Median home value divided by local household income.
Rent burden
30.0%
At or above the 30% burden threshold.
Rent vs own
$203/mo
Median owner cost screens below median rent.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Owning screens cheaper than renting
Median owner costs are $203/mo below median rent before individual mortgage terms.
What to Check
Tax rate needs attention
0.35% effective property-tax rate is No Louisiana county median comparison available
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Health context
Health score is 28.4 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Households weighing ownership against renting
Poor Fit For
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Iberia Parish is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $156,000 | $150,850 | $281,900 | Near state median3% above Louisiana county median |
Median gross rent Lower usually helps affordability. | $891 | $806 | $1,163 | 11% pressure11% above Louisiana county median |
Monthly owner cost Lower usually helps affordability. | $688 | $595 | $1,672 | 16% pressure16% above Louisiana county median |
Median household income | $57,811 | $53,177 | $74,755 | 9% favorable9% above Louisiana county median |
Effective property-tax rate Lower usually helps affordability. | 0.35% | 0.00% | 1.02% | Needs dataNo Louisiana county median comparison available |
Rent burden Lower usually helps affordability. | 30.00% | 30.00% | N/A | Near state median30.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$22,171
Median income minus rent threshold.
Owner cushion
+$28,325
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Housing in Iberia Parish is affordable. The median rent is $891/month against a median household income of $57,811, putting rent at 18.5% of income.
Rent vs own
Renters in Iberia Parish pay $891/month on average, compared to $688/month for homeowners. This market favors buyers by about 23%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,640/year. For owner costs at the 28% rule, the required income is roughly $29,486/year. With a median household income of $57,811, most households can comfortably afford rent here. Notably, 30.0% of renter households in Iberia Parish are cost-burdened, spending more than 30% of income on housing.
Regional context
Compared to Rapides Parish where rent averages $942/month, Iberia Parish is approximately 5% less expensive.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Vermilion Parish, LA | $159,700 | $802/mo | Same-state comparison near $159,700 home value and $802/mo rent. |
| St. Martin Parish, LA | $151,000 | $865/mo | Same-state comparison near $151,000 home value and $865/mo rent. |
| Jefferson Davis Parish, LA | $145,000 | $847/mo | Same-state comparison near $145,000 home value and $847/mo rent. |
| Beauregard Parish, LA | $164,500 | $882/mo | Same-state comparison near $164,500 home value and $882/mo rent. |
| Iberville Parish, LA | $177,100 | $817/mo | Same-state comparison near $177,100 home value and $817/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Iberia Parish
Is Iberia Parish affordable for buying a home?
Is renting or owning cheaper in Iberia Parish?
How much income do you need for housing in Iberia Parish?
What should I double-check before moving to Iberia Parish?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.