Average Rent in Red River Parish, LA↑ Rents rising 9.9% YoY🔻 4th cheapest in LA
HUD FY2025 · Official government data · Updated annually · Metro pop. 7,529
Market Overview
Red River Parish, LA has rental prices ranging from $666/month to $1,390/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $688/month — 51% below the national average of $1,400/month. With a median household income of $44,539/year, spending $688/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.
How Red River Parish Compares
With an average 2-bedroom rent of $903/month, Red River Parish ranks #44 most expensive of the 47 cities tracked in Louisiana — more affordable than 75% of all US cities in our data.
The Red River Parish Rental Market
The Red River Parish, LA area has a population of about 7,529 and 23% 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 Red River Parish, LA have risen by $81/month (9.9%) over the past year, from $822 to $903. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in Red River Parish, LA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,520. The local median household income of $44,539 exceeds that threshold by $17,019, making Red River Parish relatively accessible compared to local wages.
Economy & Jobs
Red River Parish, LA has an unemployment rate of 5.0%, 1.1 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Red River Parish, LA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in LAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| New Orleans | $1,071 | $1,236 | $1,478 | $1,889 | — |
| Assumption Parish | $805 | $830 | $926 | $1,298 | — |
| Baton Rouge | $1,063 | $1,081 | $1,222 | $1,528 | — |
| Lafayette | $740 | $930 | $1,052 | $1,322 | — |
| Shreveport | $767 | $892 | $1,017 | $1,317 | — |
| Lake Charles | $871 | $877 | $1,144 | $1,383 | — |
Rent or Buy in Red River Parish?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Red River Parish data
Renting appears to be the better financial choice for this scenario.
Living in Red River Parish
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Red River ParishSalary needed to afford rent here
🗺️All Cities in LASee how Red River Parish ranks statewide
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