Terrebonne 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 Terrebonne Parish is about $839 per month. This puts it in the 62nd percentile compared to the state average cost of rent, which is $991. Households in Terrebonne Parish have a median income of $5,384 per month so the average renter in Terrebonne Parish is spending roughly 16% of their earnings on housing.
Nationally, and in Terrebonne Parish, home values are the data point most closely correlated with the cost of rent. The median price of a home in Terrebonne Parish is $168,568 right now, which is lower than nearby counties, meaning that rents in Terrebonne Parish also tend to be lower versus these nearby counties.
Higher rent prices are common in the western parts of Terrebonne Parish while lower rent rates are often available in northeastern areas.
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