Rent is lower than in 53% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $63,560 a year. That is $31 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 88 of 102 cities from cheapest to most expensive.
How much do households earn in Waggaman?
Share of households by yearly income. 24.4% of households earn $100,000 or more.
Rent by apartment size in Waggaman
| Size | Waggaman | U.S. average |
|---|---|---|
| 2 bedrooms | $2,169 | $1,509 |
| 3 bedrooms | $1,637 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Waggaman 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 Waggaman, so the Louisiana figure is shown.
Taxes and bills in Waggaman
Life in Waggaman
Is it cheaper to rent or buy in Waggaman?
Buying is cheaper month to month: about $407 a month less than renting.
Owning assumes a typical $170,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,040 for the down payment.
Frequently asked questions
What is the average rent in Waggaman, LA?
Renting in Waggaman costs a median of about $1,589 a month in 2026, including utilities. The Louisiana median is $1,165.
How much do I need to make to live in Waggaman?
To keep rent under 30% of income, you need about $63,560 a year, or $31 an hour at a full-time job.
Is Waggaman cheap or expensive?
Waggaman is rated OK: rent takes 25.9% of the typical household income of $73,741. It ranks 88th cheapest of 102 Louisiana cities we track.
How much are property taxes in Waggaman?
The median homeowner in Waggaman pays $811 a year in property taxes, about 0.48% of the median home value.
Is Waggaman 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 Waggaman?
The median home value in Waggaman is $170,400, about 2.3 times the typical yearly household income.
11,330 people live in Waggaman. Numbers are typical (middle) values.