Rapides Parish, Louisiana home prices
Typical home $172,462 · +3.9% in a year · property tax 0.55%
The typical home in Rapides Parish is worth $172,462, 19% less than the Louisiana typical home ($213,867). Values changed +3.9% in the past year and +8.5% over five years. Homeowners here pay a median 0.55% of their home's value in property tax each year ($952 on the typical home), versus 0.55% statewide.
Mortgage on the typical Rapides Parish home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,492 | $137,970 | $928 | $0 | $166 | $1,094 | $46,900 |
| 10% down | $17,246 | $155,216 | $1,044 | $65 | $166 | $1,274 | $54,600 |
| 5% down | $8,623 | $163,839 | $1,102 | $68 | $166 | $1,336 | $57,300 |
| 3.5% down (FHA) | $6,036 | $169,338 | $1,139 | $76 | $166 | $1,381 | $59,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.55% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Louisiana · part of the Alexandria metro area.
Louisiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Saint Martin Parish | $170,804 | +2.9% | 0.44% |
| Richland Parish | $170,371 | +4.9% | 0.28% |
| Saint Helena Parish | $168,306 | -0.8% | 0.61% |
| Iberville Parish | $177,393 | +3.2% | 0.32% |
| Natchitoches Parish | $178,522 | +2.3% | 0.44% |
| Vernon Parish | $166,136 | +3.7% | 0.53% |
| Assumption Parish | $178,799 | +2.5% | 0.37% |
| Grant Parish | $166,049 | +5.6% | 0.6% |
| Terrebonne Parish | $179,856 | -4.0% | 0.45% |
| Ouachita Parish | $181,215 | +2.6% | 0.54% |
Frequently asked questions
What is the average home price in Rapides Parish, LA?
The typical home value in Rapides Parish is $172,462 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Rapides Parish?
About $46,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Rapides Parish?
The median effective rate is 0.55% of home value a year (Census ACS 2024 5-year estimates).