Average Rent in Houma, LA↑ Rents rising 2.6% YoY🔺 4th priciest in LA

Houma, LA has rental prices ranging from $786/month to $1,519/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $934/month — 33% below the national average of $1,400/month. With a median household income of $64,269/year, spending $934/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Houma Compares

With an average 2-bedroom rent of $1,146/month, Houma ranks #4 most expensive of the 47 cities tracked in Louisiana — pricier than 78% of all US cities in our data.

The Houma Rental Market

The Houma, LA area has a population of about 204,032 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Houma, LA have risen by $29/month (2.6%) over the past year, from $1,117 to $1,146. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Houma, LA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $37,360. The local median household income of $64,269 exceeds that threshold by $26,909, making Houma relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Houma, LA is $188,318, giving a price-to-rent ratio of 13.7. The break-even point between renting and buying is roughly 14 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Is Houma, LA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Houma?

Break-even analysis and mortgage estimates based on local market data.

Living in Houma

Cost of living, job market, crime rates, and moving cost estimates.