Average Rent in Richland Parish, LA↑ Rents rising 12.8% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 19,908
Market Overview
Richland Parish, LA has rental prices ranging from $722/month to $1,358/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $727/month — 48% below the national average of $1,400/month. With a median household income of $52,960/year, spending $727/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Richland Parish Compares
With an average 2-bedroom rent of $954/month, Richland Parish ranks #17 most expensive of the 47 cities tracked in Louisiana — pricier than 57% of all US cities in our data.
The Richland Parish Rental Market
The Richland Parish, LA area has a population of about 19,908 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Richland Parish, LA have risen by $108/month (12.8%) over the past year, from $846 to $954. 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 Richland Parish, LA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,080. The local median household income of $52,960 exceeds that threshold by $23,880, making Richland Parish relatively accessible compared to local wages.
Economy & Jobs
Richland 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 Richland 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 Richland Parish?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Richland Parish data
Buying breaks even after 5 years — worth it if you stay 5+ years.
Living in Richland 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 Richland ParishSalary needed to afford rent here
🗺️All Cities in LASee how Richland Parish ranks statewide
⚖️Compare Richland ParishSide-by-side rent & cost of living with any city
📋LA Tenant RightsDeposit limits, eviction laws & renters protections