Houma-Bayou Cane-Thibodaux
Louisiana · Ranked #57 of 373 metros
89Affordable
💡
Housing in Houma-Bayou Cane-Thibodaux costs 3.15× the median income, below the national average of 4.5×. The median home price is $190K and median rent is $1,062/month. Houma-Bayou Cane-Thibodaux ranks #57 of 373 metros for affordability.
Median Home Price
🏠$190K
Need $56K income
Median Rent
🔑$1,062
Need $42K income
Building Permits
🔨623
annual
Median Income
💰$60K
Pop: 203,908
Rent Burden
⚠️22.6%
of renters paying >30%
Homeownership
🏡77.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Houma-Bayou Cane-Thibodaux | National |
|---|---|---|
| Price-to-Income Ratio | 3.15x | 6.1x |
| Rent Burden | 22.6% | 31.5% |
| Homeownership Rate | 77.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$760/mo
1 Bedroom$904/mo
2 Bedroom$1,102/mo
3 Bedroom$1,330/mo
4 Bedroom$1,459/mo
Zillow Market Data
Home Value (ZHVI)
$175K
1yr: -5.2%5yr: -14.1%
Rent (ZORI)
$1,317/mo
1yr: +4.0%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$121K
Active Inventory
2
Days on Market
76
Sold Above List
100.0%