Iberia Parish renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Iberia Parish is about $834 per month. This puts it in the 59th percentile compared to the state average cost of rent, which is $991. Households in Iberia Parish have a median income of $5,160 per month so the average renter in Iberia Parish is spending roughly 16% of their earnings on housing.
Nationally, and in Iberia Parish, home values are the data point most closely correlated with the cost of rent. The median price of a home in Iberia Parish is $141,380 right now, which is lower than nearby counties, meaning that rents in Iberia Parish also tend to be lower versus these nearby counties.
Higher rent prices are common in the northern parts of Iberia Parish while lower rent rates are often available in western areas.
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