States › Louisiana › Raceland

Is Raceland, LA expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$66262% lower than U.S. average
💵 Families earn per year (2026)$65,018about $5,418/month · 25% lower than U.S. average
🔑 House price$187,80044% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (80.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $26,480 a year. That is $13 an hour at a full-time job.

Is rent cheaper than other Louisiana cities?

Yes. Rent here is cheaper than in most of Louisiana. It is number 3 of 102 cities from cheapest to most expensive.

Raceland
$662
Jennings
$1,085
Merrydale
$1,379
Jefferson
$1,286
DeRidder
$1,158
Denham Springs
$1,067
Eunice
$1,079

How much do households earn in Raceland?

Under $25k
20.4%
$25k–50k
26.0%
$50k–100k
31.5%
$100k–150k
14.9%
$150k+
4.3%

Share of households by yearly income. 19.3% of households earn $100,000 or more.

Rent by apartment size in Raceland

SizeRacelandU.S. average
2 bedrooms$911$1,509
3 bedrooms$624$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Raceland overall?

Everyday prices in Louisiana overall are 12% below the U.S. average (index 88.2, U.S. = 100).

Housing
63
Goods (food, clothes…)
94
Utilities
71
Other services
96
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Raceland, so the Louisiana figure is shown.

Taxes and bills in Raceland

🏛️ Property tax$796a year · 0.42% of home value · U.S. $3,119
⚡ Electric bill$190a month (typical) · U.S. $156

Life in Raceland

Commute to work28 minU.S.: 26.4 min
College degree17.5%U.S.: 35.7%
Own their home80.1%U.S.: 65.2%
Below poverty line13.8%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

Is it cheaper to rent or buy in Raceland?

Renting is cheaper right now: about $641 a month less.

Renting
$662
Owning
$1,303

Owning assumes a typical $187,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,780 for the down payment.

Frequently asked questions

What is the average rent in Raceland, LA?

Renting in Raceland costs a median of about $662 a month in 2026, including utilities. The Louisiana median is $1,165.

How much do I need to make to live in Raceland?

To keep rent under 30% of income, you need about $26,480 a year, or $13 an hour at a full-time job.

Is Raceland cheap or expensive?

Raceland is rated Cheap: rent takes 12.2% of the typical household income of $65,018. It ranks 3rd cheapest of 102 Louisiana cities we track.

How much are property taxes in Raceland?

The median homeowner in Raceland pays $796 a year in property taxes, about 0.42% of the median home value.

Is Raceland 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 Raceland?

The median home value in Raceland is $187,800, about 2.9 times the typical yearly household income.

9,585 people live in Raceland. Numbers are typical (middle) values.