Average Rent in Iberville Parish, LA↓ Rents falling 1.6% YoY🔻 4th cheapest in LA
HUD FY2025 · Official government data · Updated annually · Metro pop. 29,950
Market Overview
Iberville Parish, LA has rental prices ranging from $785/month to $1,516/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $816/month — 42% below the national average of $1,400/month. With a median household income of $57,459/year, spending $816/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.
How Iberville Parish Compares
With an average 2-bedroom rent of $903/month, Iberville Parish ranks #44 most expensive of the 47 cities tracked in Louisiana — more affordable than 75% of all US cities in our data.
The Iberville Parish Rental Market
The Iberville Parish, LA area has a population of about 29,950 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Iberville Parish, LA have fallen by $15/month (1.6%) over the past year, from $918 to $903. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Iberville Parish, LA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,640. The local median household income of $57,459 exceeds that threshold by $24,819, making Iberville Parish relatively accessible compared to local wages.
Economy & Jobs
Iberville Parish, LA has an unemployment rate of 4.9%, 1.0 percentage point above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Iberville Parish, LA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in LAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| New Orleans | $1,071 | $1,236 | $1,478 | $1,889 | — |
| Assumption Parish | $805 | $830 | $926 | $1,298 | — |
| Baton Rouge | $1,063 | $1,081 | $1,222 | $1,528 | — |
| Lafayette | $740 | $930 | $1,052 | $1,322 | — |
| Shreveport | $767 | $892 | $1,017 | $1,317 | — |
| Lake Charles | $871 | $877 | $1,144 | $1,383 | — |
Rent or Buy in Iberville Parish?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Iberville Parish data
Renting appears to be the better financial choice for this scenario.
Living in Iberville Parish
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Iberville ParishSalary needed to afford rent here
🗺️All Cities in LASee how Iberville Parish ranks statewide
⚖️Compare Iberville ParishSide-by-side rent & cost of living with any city
📋LA Tenant RightsDeposit limits, eviction laws & renters protections