Ouachita Parish, LA at a glance
Median household income
$54,688$4,557 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Ouachita Parish, LA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Ouachita Parish, LA? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Monroe, LA HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $765 | $9,180 | $30,600 | 16.8% |
| 1-Bedroom Apartment | $793 | $9,516 | $31,720 | 17.4% |
| 2-Bedroom ApartmentBenchmark | $1,026 | $12,312 | $41,040 | 22.5% |
| 3-Bedroom Home | $1,319 | $15,828 | $52,760 | 28.9% |
| 4-Bedroom Home | $1,358 | $16,296 | $54,320 | 29.8% |
Rent in Ouachita Parish, LA, with the wage each unit needs →
What a typical income covers in Ouachita Parish, LA
The 50/30/20 rule applied to the local median of $54,688 a year ($4,557 a month before tax).
What $54,688 leaves after Louisiana taxes
Federal income tax, Social Security, Medicare and Louisiana tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Louisiana
Living in Ouachita Parish, LA: common questions
What is the median household income in Ouachita Parish, LA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Ouachita Parish, LA is $54,688 per year (approximately $4,557 per month).
What is the average rent in Ouachita Parish, LA?
The closest official figure is HUD's Fair Market Rent for 2026: $765 for a studio, $793 for one bedroom, $1,026 for two, $1,319 for three and $1,358 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Ouachita Parish, LA expensive to live in?
Prices there run 16.4% below the U.S. average. BEA's regional price parity for the metro area is 83.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Ouachita Parish, LA?
To keep a $1,026 two-bedroom under 30% of gross income, a household needs about $41,040 a year, or $3,420 a month. That is 75% of what the typical household in Ouachita Parish, LA earns.
How much do you need to live comfortably in Ouachita Parish, LA?
On the local median income of $54,688 ($4,557 a month before tax), the 50/30/20 rule leaves $2,279 a month for needs like rent, utilities and groceries, $1,367 for everything else and $911 for savings or debt. A two-bedroom at $1,026 takes 45% of the needs share.
How much is the electric bill in Ouachita Parish, LA?
Homes in Louisiana paid 13.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $121. Your bill depends mostly on heating and cooling.