Jefferson Parish, Louisiana Housing Market Prices
Jefferson Parish 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 24% above the Louisiana median More expensive than 71% of counties in Louisiana$211,530
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Median rent 12% above the Louisiana median More expensive than 89% of counties in Louisiana$1,189
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jefferson Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $211,530 | $170,446 | $248,835 |
| Price Trend (Annual %) | 5.0% | 4.3% | 7.5% |
| Median Gross Rent | $1,189 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jefferson Parish is about 24% higher than in Louisiana. Rent is about 12% 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 Jefferson Parish, up about 5.0% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Jefferson Parish rose about 32.1% between 2015 and 2024, from $900 to $1,189. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Jefferson Parish.
Buying the median-priced home in Jefferson Parish costs roughly 14.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Jefferson Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | Jefferson Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $211,530 | $170,446 | $248,835 |
| Median Household Income | $65,514 | $60,934 | $80,455 |
| Price-to-Income Ratio | 3.2 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jefferson Parish rose about 39.8%, while median household income rose about 29.7% 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 | Jefferson Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 57.7% | 58.5% |
| Rental Rate | 34.0% | 27.9% | 31.2% |
| Vacancy Rate | 9.0% | 14.4% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Jefferson Parish has a homeownership rate of 57.0%, lower than the Louisiana average of 57.7%. Its housing vacancy rate is 9.0%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | Jefferson Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1970 | 1983 | 1978 |
| Median Number of Rooms | 5.5 | 5.5 | 5.5 |
The typical housing unit in Jefferson Parish was built around 1970. On average, 2.4 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Jefferson Parish, LA Housing Compared With Nearby Counties
Jefferson Parish, LA is the largest of the 4 counties compared here, 430,689 residents against a local median of 96,166. Where Jefferson Parish, LA breaks from the counties next to it is homeownership, sitting 22% below the local median of 79.9% at 62.6%. That is the weaker end of the local range on this measure.
The counties themselves spread 30.9% on homeownership, so Jefferson Parish, LA sits at one end of an already wide local range rather than apart from it. Jefferson Parish, LA has the 3rd highest homeownership of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jefferson Parish, LA | 430,689 | $211,530 #3/4 | $1,189 #3/4 | 62.6% #3/4 |
| St. Charles Parish, LA | 51,396 | $194,058 | $1,209 | 82.0% |
| Lafourche Parish, LA | 96,166 | $245,587 | $928 | 79.9% |
| Orleans Parish, LA | 371,664 | $311,601 | $1,251 | 51.2% |
Frequently Asked Questions
Common questions about the housing market in Jefferson Parish, Louisiana.
What is the median home price in Jefferson Parish, Louisiana?
The median home price in Jefferson Parish, Louisiana is $211,530, higher than the Louisiana average of $170,446.
What is the average home price in Jefferson Parish, Louisiana?
The typical home price in Jefferson Parish, Louisiana, reported as the median sale price, is $211,530. 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 Jefferson Parish, Louisiana?
The median gross rent in Jefferson Parish, Louisiana is $1,189 per month, higher than the Louisiana average of $1,063.
What was the median gross rent in Jefferson Parish in 2020?
In 2020, the median gross rent in Jefferson Parish, Louisiana was $985 per month.
What is the price-to-rent ratio in Jefferson Parish, Louisiana?
The price-to-rent ratio in Jefferson Parish, Louisiana is about 14.8, meaning it would take roughly 14.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Jefferson Parish.
Are home prices or rent rising faster in Jefferson Parish, Louisiana?
Both home prices and rent are rising in Jefferson Parish, up about 5.0% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jefferson Parish, Louisiana?
57.0% of households in Jefferson Parish, Louisiana own their home, lower than the Louisiana average of 57.7%.
What is the vacancy rate in Jefferson Parish, Louisiana?
The housing vacancy rate in Jefferson Parish, Louisiana is 9.0%, lower than the Louisiana average of 14.4%.
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