Washington Parish, Louisiana Housing Market Prices
Washington 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 30% below the Louisiana median$118,749
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Median rent 27% below the Louisiana median Cheaper than 71% of counties in Louisiana$774
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Washington Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $118,749 | $170,446 | $248,835 |
| Price Trend (Annual %) | 88.8% | 4.3% | 7.5% |
| Median Gross Rent | $774 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Washington Parish is about 30% lower than in Louisiana. Rent is about 27% lower 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 Washington Parish, up about 88.8% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Washington Parish rose about 35.6% between 2015 and 2024, from $571 to $774. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Washington Parish.
Buying the median-priced home in Washington Parish costs roughly 12.8 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 Washington Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | Washington Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $118,749 | $170,446 | $248,835 |
| Median Household Income | $45,367 | $60,934 | $80,455 |
| Price-to-Income Ratio | 2.6 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Washington Parish rose about 194.3%, while median household income rose about 39.2% 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 | Washington Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.3% | 57.7% | 58.5% |
| Rental Rate | 25.4% | 27.9% | 31.2% |
| Vacancy Rate | 17.4% | 14.4% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Washington Parish has a homeownership rate of 57.3%, about the same as the Louisiana average of 57.7%. Its housing vacancy rate is 17.4%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | Washington Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1986 | 1983 | 1978 |
| Median Number of Rooms | 5.5 | 5.5 | 5.5 |
The typical housing unit in Washington Parish was built around 1986. On average, 2.4 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Washington Parish, LA Housing Compared With Nearby Counties
Washington Parish, LA is the smallest of the 4 counties compared here, 45,116 residents against a local median of 136,737. Washington Parish, LA's median home price, at $118,749, runs 47% below the $222,336 typical of the counties around it.
Median rent tells the same story from another angle: $774 against a local median of $1,003, 23% below it. The counties themselves spread $113,420 on median home price, so Washington Parish, LA sits at one end of an already wide local range rather than apart from it. Washington Parish, LA has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Washington Parish, LA | 45,116 | $118,749 #4/4 | $774 #4/4 | 69.3% #4/4 |
| Tangipahoa Parish, LA | 136,737 | $320,527 | $1,003 | 70.3% |
| St. Tammany Parish, LA | 272,409 | $222,336 | $1,331 | 78.9% |
| Pearl River County, MS | 57,458 | $207,108 | $906 | 80.4% |
Frequently Asked Questions
Common questions about the housing market in Washington Parish, Louisiana.
What is the median home price in Washington Parish, Louisiana?
The median home price in Washington Parish, Louisiana is $118,749, lower than the Louisiana average of $170,446.
What is the average home price in Washington Parish, Louisiana?
The typical home price in Washington Parish, Louisiana, reported as the median sale price, is $118,749. 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 Washington Parish, Louisiana?
The median gross rent in Washington Parish, Louisiana is $774 per month, lower than the Louisiana average of $1,063.
What was the median gross rent in Washington Parish in 2020?
In 2020, the median gross rent in Washington Parish, Louisiana was $647 per month.
What is the price-to-rent ratio in Washington Parish, Louisiana?
The price-to-rent ratio in Washington Parish, Louisiana is about 12.8, meaning it would take roughly 12.8 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 Washington Parish.
Are home prices or rent rising faster in Washington Parish, Louisiana?
Both home prices and rent are rising in Washington Parish, up about 88.8% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Washington Parish, Louisiana?
57.3% of households in Washington Parish, Louisiana own their home, lower than the Louisiana average of 57.7%.
What is the vacancy rate in Washington Parish, Louisiana?
The housing vacancy rate in Washington Parish, Louisiana is 17.4%, higher than the Louisiana average of 14.4%.
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