Ouachita 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 Ouachita Parish is about $871 per month. This puts it in the 68th percentile compared to the state average cost of rent, which is $991. Households in Ouachita Parish have a median income of $4,972 per month so the average renter in Ouachita Parish is spending roughly 18% of their earnings on housing.
Nationally, and in Ouachita Parish, home values are the data point most closely correlated with the cost of rent. The median price of a home in Ouachita Parish is $173,625 right now, which is higher than nearby counties, meaning that rents in Ouachita Parish also tend to be higher versus these nearby counties.
Higher rent prices are common in the northeastern parts of Ouachita Parish while lower rent rates are often available in central areas.
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