Vermilion Parish, Louisiana home prices
Typical home $157,990 · +3.7% in a year · property tax 0.36%
The typical home in Vermilion Parish is worth $157,990, 26% less than the Louisiana typical home ($213,867). Values changed +3.7% in the past year and -0.5% over five years. Homeowners here pay a median 0.36% of their home's value in property tax each year ($570 on the typical home), versus 0.55% statewide.
Mortgage on the typical Vermilion Parish home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $31,598 | $126,392 | $850 | $0 | $126 | $977 | $41,900 |
| 10% down | $15,799 | $142,191 | $957 | $59 | $126 | $1,142 | $49,000 |
| 5% down | $7,900 | $150,091 | $1,010 | $63 | $126 | $1,199 | $51,400 |
| 3.5% down (FHA) | $5,530 | $155,128 | $1,044 | $70 | $126 | $1,240 | $53,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.36% 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 Lafayette metro area.
Louisiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Union Parish | $157,531 | +5.5% | 0.46% |
| Acadia Parish | $153,529 | +5.5% | 0.31% |
| Caddo Parish | $151,157 | +4.9% | 0.62% |
| Red River Parish | $150,771 | +12.0% | 0.42% |
| Jefferson Davis Parish | $150,216 | +3.0% | 0.29% |
| Grant Parish | $166,049 | +5.6% | 0.6% |
| Vernon Parish | $166,136 | +3.7% | 0.53% |
| Saint Helena Parish | $168,306 | -0.8% | 0.61% |
| Iberia Parish | $145,862 | +2.7% | 0.36% |
| Richland Parish | $170,371 | +4.9% | 0.28% |
Frequently asked questions
What is the average home price in Vermilion Parish, LA?
The typical home value in Vermilion Parish is $157,990 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Vermilion Parish?
About $41,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Vermilion Parish?
The median effective rate is 0.36% of home value a year (Census ACS 2024 5-year estimates).