Mortgage Rates in Louisiana — March 2026
Compare current mortgage rates across 48 cities in Louisiana. The average 30-year fixed rate is 6.74%, which is 0.09% above the national average of 6.65%.
Louisiana Housing Highlights
All 48 Cities in Louisiana
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| New Orleans | 6.73% | $255,000 | $1,320 | 383,997 |
| Baton Rouge | 6.73% | $215,000 | $1,113 | 227,470 |
| Shreveport | 6.73% | $155,000 | $803 | 187,593 |
| Metairie | 6.89% | $215,000 | $1,132 | 138,481 |
| Lafayette | 6.73% | $215,000 | $1,113 | 121,374 |
| Lake Charles | 6.73% | $175,000 | $906 | 84,032 |
| Bossier City | 6.73% | $195,000 | $1,010 | 68,159 |
| Kenner | 6.73% | $195,000 | $1,010 | 67,451 |
| Monroe | 6.73% | $155,000 | $803 | 47,702 |
| Alexandria | 6.73% | $155,000 | $803 | 46,545 |
| Prairieville | 6.65% | $182,000 | $935 | 33,197 |
| Marrero | 6.61% | $197,000 | $1,008 | 33,141 |
| Houma | 6.07% | $175,000 | $845 | 32,589 |
| Laplace | 6.85% | $202,000 | $1,059 | 31,147 |
| New Iberia | 6.73% | $208,000 | $1,077 | 30,617 |
| Central | 6.73% | $196,000 | $1,015 | 29,786 |
| Slidell | 6.73% | $225,000 | $1,165 | 29,379 |
| Terrytown | 6.88% | $211,000 | $1,109 | 25,874 |
| Chalmette | 6.7% | $165,000 | $852 | 23,710 |
| Ruston | 6.73% | $175,000 | $906 | 22,188 |
| Hammond | 6.73% | $185,000 | $958 | 20,952 |
| Bayou Cane | 6.7% | $184,000 | $950 | 20,675 |
| Sulphur | 6.63% | $180,000 | $923 | 20,410 |
| Harvey | 6.78% | $193,000 | $1,005 | 20,348 |
| Natchitoches | 6.73% | $155,000 | $803 | 18,323 |
| Estelle | 6.8% | $170,000 | $887 | 17,550 |
| Gretna | 6.87% | $198,000 | $1,040 | 17,493 |
| Zachary | 6.75% | $176,000 | $913 | 17,456 |
| Opelousas | 6.73% | $177,000 | $917 | 16,351 |
| Pineville | 6.67% | $160,000 | $823 | 14,890 |
| Thibodaux | 6.86% | $192,000 | $1,008 | 14,597 |
| Youngsville | 6.7% | $163,000 | $841 | 14,032 |
| Mandeville | 6.63% | $167,000 | $856 | 13,164 |
| Broussard | 6.73% | $177,000 | $917 | 12,788 |
| Crowley | 6.66% | $159,000 | $817 | 12,731 |
| West Monroe | 6.73% | $181,000 | $937 | 12,483 |
| Minden | 6.72% | $174,000 | $900 | 12,477 |
| Abbeville | 6.77% | $195,000 | $1,014 | 12,432 |
| Gonzales | 6.88% | $177,000 | $931 | 12,231 |
| Morgan City | 6.87% | $182,000 | $956 | 10,832 |
| Bogalusa | 6.85% | $159,000 | $833 | 10,535 |
| Covington | 6.82% | $199,000 | $1,040 | 10,471 |
| DeRidder | 6.79% | $196,000 | $1,021 | 10,417 |
| Denham Springs | 6.84% | $165,000 | $864 | 10,120 |
| Jennings | 6.83% | $158,000 | $827 | 10,032 |
| Eunice | 6.78% | $169,000 | $880 | 9,921 |
| Harahan | 6.61% | $160,000 | $818 | 9,277 |
| Scott | 6.84% | $166,000 | $869 | 8,899 |
Louisiana Mortgage Rates Guide — 2026
Louisiana homebuyers currently see an average 30-year fixed mortgage rate of 6.74%, with median home prices around $182,979. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $949.
The most affordable city for homebuyers in Louisiana is Shreveport, where the median home price is $155,000. On the other end, New Orleans has the highest prices at $255,000. Property tax rates across the state average 0.55%.
To comfortably afford a home at the state average price, a household income of approximately $40,671 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
Use our free loan calculator to see your exact monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Frequently Asked Questions — Louisiana Mortgages
What are current mortgage rates in Louisiana?
As of March 2026, the average 30-year fixed mortgage rate in Louisiana is 6.74% and the 15-year fixed rate averages 5.98%. Rates vary by city, lender, and borrower qualification.
What is the average home price in Louisiana?
The median home price across 48 cities in Louisiana is $182,979. Prices range from $155,000 in Shreveport to $255,000 in New Orleans.
How much income do I need to buy a house in Louisiana?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $40,671 to comfortably afford the average home in Louisiana. The median household income in the state is approximately $45,490.
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