Rent is lower than in 64% of U.S. cities. A typical house costs about 3.0 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $55,160 a year. That is $27 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 73 of 102 cities from cheapest to most expensive.
How much do households earn in Merrydale?
Share of households by yearly income. 9.9% of households earn $100,000 or more.
Rent by apartment size in Merrydale
| Size | Merrydale | U.S. average |
|---|---|---|
| 1 bedroom | $342 | $1,324 |
| 2 bedrooms | $1,015 | $1,509 |
| 3 bedrooms | $1,418 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Merrydale 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 Merrydale, so the Louisiana figure is shown.
Taxes and bills in Merrydale
Life in Merrydale
Is it cheaper to rent or buy in Merrydale?
Buying is cheaper month to month: about $435 a month less than renting.
Owning assumes a typical $136,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,610 for the down payment.
Frequently asked questions
What is the average rent in Merrydale, LA?
Renting in Merrydale costs a median of about $1,379 a month in 2026, including utilities. The Louisiana median is $1,165.
How much do I need to make to live in Merrydale?
To keep rent under 30% of income, you need about $55,160 a year, or $27 an hour at a full-time job.
Is Merrydale cheap or expensive?
Merrydale is rated Expensive: rent takes 37.0% of the typical household income of $44,758. It ranks 73rd cheapest of 102 Louisiana cities we track.
Is Merrydale 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 Merrydale?
The median home value in Merrydale is $136,100, about 3.0 times the typical yearly household income.
9,490 people live in Merrydale. Numbers are typical (middle) values.