Alexandria, LA home prices
Typical home $171,699 · +4.0% in a year · income needed $46,700
The Alexandria, LA metro area ranks 754 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.0% in a year and +7.5% over five years. With 20% down at 7.11%, the typical home costs about $1,089 a month including 0.55% property tax (Rapides Parish rate).
Mortgage on the typical Alexandria home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,340 | $137,359 | $924 | $0 | $165 | $1,089 | $46,700 |
| 10% down | $17,170 | $154,529 | $1,040 | $64 | $165 | $1,269 | $54,400 |
| 5% down | $8,585 | $163,114 | $1,097 | $68 | $165 | $1,330 | $57,000 |
| 3.5% down (FHA) | $6,009 | $168,589 | $1,134 | $76 | $165 | $1,375 | $58,900 |
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.
Counties in the Alexandria area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rapides Parish, LA | $172,462 | +3.9% | 0.55% |
| Grant Parish, LA | $166,049 | +5.6% | 0.6% |
What can you afford in Louisiana on your salary? · Louisiana home prices · Salaries in Louisiana
Frequently asked questions
How much is a house in Alexandria?
The typical home in the Alexandria, LA metro area is worth $171,699 (Zillow, September 2026).
What salary do you need to buy a house in Alexandria?
About $46,700 a year for the typical home with 20% down at 7.11%.