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Affordable
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These days, finding an affordable place to live in the Parhams area can be challenging. Home prices in Parhams are now at a median cost of $185,873, lower than the Louisiana average of $235,139.
The average cost of rent is $933/mo in Parhams, primarily driven by the current value of real estate in the Parhams area. In Parhams, 35.93% of households rent, and 63.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parhams is $3,193 per month. Households that rent pay about 29.22% of their income on rent here. Parhams’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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