Average Rent in Vermilion Parish, LA↑ Rents rising 9.9% YoY🔻 4th cheapest in LA
HUD FY2025 · Official government data · Updated annually · Metro pop. 57,031
Market Overview
Vermilion Parish, LA has rental prices ranging from $619/month to $1,197/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $816/month — 42% below the national average of $1,400/month. With a median household income of $57,537/year, spending $816/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.
How Vermilion Parish Compares
With an average 2-bedroom rent of $903/month, Vermilion Parish ranks #44 most expensive of the 47 cities tracked in Louisiana — more affordable than 75% of all US cities in our data.
The Vermilion Parish Rental Market
The Vermilion Parish, LA area has a population of about 57,031 and 26% 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 Vermilion 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 Vermilion Parish, LA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,640. The local median household income of $57,537 exceeds that threshold by $24,897, making Vermilion Parish relatively accessible compared to local wages.
Economy & Jobs
Vermilion Parish, LA has an unemployment rate of 3.9%, 0.0 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Vermilion 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 Vermilion Parish?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Vermilion Parish data
Renting appears to be the better financial choice for this scenario.
Living in Vermilion 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 Vermilion ParishSalary needed to afford rent here
🗺️All Cities in LASee how Vermilion Parish ranks statewide
⚖️Compare Vermilion ParishSide-by-side rent & cost of living with any city
📋LA Tenant RightsDeposit limits, eviction laws & renters protections