salaryRent is lower than in 67% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (79.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $53,560 a year. That is $26 an hour at a full-time job.
Is rent cheaper than other Louisiana cities?
No. Rent here is more expensive than in most of Louisiana. It is number 68 of 102 cities from cheapest to most expensive.
How much do households earn in Addis?
Share of households by yearly income. 36.0% of households earn $100,000 or more.
Rent by apartment size in Addis
| Size | Addis | U.S. average |
|---|---|---|
| 2 bedrooms | $1,710 | $1,509 |
| 3 bedrooms | $1,578 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Addis overall?
Everyday prices in Louisiana overall are 12% below the U.S. average (index 88.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Addis, so the Louisiana figure is shown.
Taxes and bills in Addis
Life in Addis
Is it cheaper to rent or buy in Addis?
Renting is cheaper right now: about $378 a month less.
Owning assumes a typical $247,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,740 for the down payment.
Frequently asked questions
What is the average rent in Addis, LA?
Renting in Addis costs a median of about $1,339 a month in 2026, including utilities. The Louisiana median is $1,165.
How much do I need to make to live in Addis?
To keep rent under 30% of income, you need about $53,560 a year, or $26 an hour at a full-time job.
Is Addis cheap or expensive?
Addis is rated Cheap: rent takes 13.8% of the typical household income of $116,522. It ranks 68th cheapest of 102 Louisiana cities we track.
How much are property taxes in Addis?
The median homeowner in Addis pays $1,443 a year in property taxes, about 0.58% of the median home value.
Is Addis more expensive than the national average?
Overall prices in Louisiana are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Addis?
The median home value in Addis is $247,400, about 2.1 times the typical yearly household income.
7,252 people live in Addis. Numbers are typical (middle) values.