Chalmette, Louisiana Housing Market Prices
Chalmette Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 49% above the Louisiana median$254,689
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Median rent 4% above the Louisiana median$1,109
Housing Market Overview
| Metric | Chalmette | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $254,689 | $170,446 | $248,835 |
| Price Trend (Annual %) | 11.6% | 4.3% | 7.5% |
| Median Gross Rent | $1,109 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Chalmette is about 49% higher than in Louisiana. Rent is about 4% higher than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Chalmette, up about 11.6% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Chalmette rose about 32.7% between 2015 and 2024, from $835 to $1,109. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in Chalmette.
Buying the median-priced home in Chalmette costs roughly 19.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Chalmette. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | Chalmette | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $254,689 | $170,446 | $248,835 |
| Median Household Income | $56,187 | $60,934 | $80,455 |
| Price-to-Income Ratio | 4.5 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Chalmette rose about 94.0%, while median household income rose about 38.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Chalmette | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 57.7% | 58.5% |
| Rental Rate | 34.7% | 27.9% | 31.2% |
| Vacancy Rate | 8.4% | 14.4% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Chalmette has a homeownership rate of 57.0%, lower than the Louisiana average of 57.7%. Its housing vacancy rate is 8.4%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | Chalmette | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.68 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1976 | 1983 | 1978 |
| Median Number of Rooms | 5.1 | 5.5 | 5.5 |
The typical housing unit in Chalmette was built around 1976. On average, 2.7 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Chalmette, Louisiana.
What is the median home price in Chalmette, Louisiana?
The median home price in Chalmette, Louisiana is $254,689, higher than the Louisiana average of $170,446.
What is the average home price in Chalmette, Louisiana?
The typical home price in Chalmette, Louisiana, reported as the median sale price, is $254,689. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Chalmette, Louisiana?
The median gross rent in Chalmette, Louisiana is $1,109 per month, higher than the Louisiana average of $1,063.
What was the median gross rent in Chalmette in 2020?
In 2020, the median gross rent in Chalmette, Louisiana was $957 per month.
What is the price-to-rent ratio in Chalmette, Louisiana?
The price-to-rent ratio in Chalmette, Louisiana is about 19.1, meaning it would take roughly 19.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Chalmette.
Are home prices or rent rising faster in Chalmette, Louisiana?
Both home prices and rent are rising in Chalmette, up about 11.6% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Chalmette, Louisiana?
57.0% of households in Chalmette, Louisiana own their home, lower than the Louisiana average of 57.7%.
What is the vacancy rate in Chalmette, Louisiana?
The housing vacancy rate in Chalmette, Louisiana is 8.4%, lower than the Louisiana average of 14.4%.
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