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City · 6,077 residents · Jefferson Parish, Louisiana

Elmwood , Louisiana

In Elmwood, a typical home is worth $188,100 and typical rent is $1,602 a month. Compared with all of Jefferson Parish, typical household income is 37% higher, typical rent is 35% higher, and the share of households that own their home is 50 points lower.

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  • Typical home value

    $188,100

    25% below the parish

    13% below Louisiana

    • Elmwood
    • Jefferson
    • Louisiana

  • Typical rent

    $1,602a month

    35% above the parish

    51% above Louisiana

    • Elmwood
    • Jefferson
    • Louisiana

  • Typical household income

    $89,430a year

    37% above the parish

    47% above Louisiana

    • Elmwood
    • Jefferson
    • Louisiana

  • Households that own their home

    13%

    50 points below the parish

    55 points below Louisiana

    • Elmwood
    • Jefferson
    • Louisiana

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$440,732
2.4% more than 12 months ago
Typical rent
$1,620 a month
1.2% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Elmwood is in Jefferson Parish. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Jefferson Parish. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Elmwood apart

What this place has that others do not, from public data, most unusual first.

  1. Elmwood has the lowest homeownership rate of the 96 cities in Louisiana with more than 5,000 people: 13%.

  2. Elmwood has the smallest share of rent-burdened renters of the 83 cities in Louisiana with more than 5,000 people: 24%.

  3. Elmwood has the 3rd highest typical rent of the 92 cities in Louisiana with more than 5,000 people ($1,602).

  4. Nearby, in Bridge City, the typical home value is $95,700: 49% less than in Elmwood ($188,100).

  5. Nearby, in Harahan, the typical rent is $1,082: 32% less than in Elmwood ($1,602).

  6. The typical household income in Elmwood is $89,430, 37% more than in Jefferson Parish as a whole ($65,252).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Elmwood

What homes there are in Elmwood, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

There are more apartments in Elmwood than in Jefferson Parish: 84% of homes, against 19%.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,548 a month

Jefferson Parish: $1,762 a month

Without a mortgage

$586 a month

Jefferson Parish: $539 a month

Owners with a mortgage

72%

Jefferson Parish: 53%

In Elmwood, 72% of owners have a mortgage, and their typical cost is $1,548 a month, against $1,762 in Jefferson Parish. Without one it drops to $586.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Elmwood did not change clearly: the difference is within the Census margin of error.

The typical rent in Elmwood rose 31% over the same time; in Jefferson Parish, it rose 22%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureElmwoodJefferson ParishLouisianaUnited States
Rental vacancy Unreliable estimate6.1%7.8%5.5%
Homeowner vacancy Unreliable estimate1.1%1.3%0.9%
More than one person per room Unreliable estimate2.6%2.3%3.4%
People per household 1.552.422.492.53
Drive alone 72%77%79%69%
Carpool Unreliable estimate11%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 11%8%8%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Elmwood are smaller: 1.55 people on average; in Jefferson Parish, 2.42.

To get to work, 72% of workers in Elmwood drive alone; in Jefferson Parish, 77%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Elmwood?

A typical home is within reach of the typical income

We start with a typical home in Elmwood, worth $188,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 20% of the typical household income in Elmwood, which is $89,430 a year.

The calculator's FHA and conventional loan limits are those of all of Jefferson Parish.

Your numbers

Local data
$

Starts at the typical home value in Elmwood. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $6,584 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,526

at 7.18% · 30 years

Loan amount
$184,693
Total interest
$265,729
Paid off in
November 2056

Includes $3,177 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,087 a month

    Your payment · 20%

  • Tight

    $2,087 to $2,683 a month

  • Hard

    more than $2,683 a month

Compared with the typical household income in Elmwood ($89,430 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,526
Principal & interest$1,251
Property tax$113
Home insurance$78
FHA mortgage insurance (MIP)$83

You need at least $6,584 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Elmwood and Jefferson Parish

Elmwood is in Jefferson Parish, Louisiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Elmwood's own numbers

Typical home value
$188,100
Typical monthly rent
$1,602
Typical yearly household income
$89,430
Households that own their home
13%
Effective property tax rate
0.72%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Jefferson Parish

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,480
Price change over 5 years (FHFA)
+22%
Homes in a high flood-risk zone
32%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Jefferson Parish.

Everything about Jefferson Parish

Buying

Buying a home in Elmwood

A typical home in Elmwood is worth $188,100: 25% below the parish and 13% below Louisiana. With the typical household income in Elmwood ($89,430 a year), a typical home costs 2.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Elmwood 2.1 years
  • Jefferson 3.9 years
  • Louisiana 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Jefferson Parish

According to FHFA’s house price index, home prices in Jefferson Parish rose 48% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Jefferson Parish.

Period Parish Louisiana U.S.
Last year (2025) +2.3% +1.8% +2.9%
5 years (2020–2025) +22% +22% +47%
10 years (2015–2025) +48% +38% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Elmwood next to Jefferson Parish, Louisiana and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Elmwood $188,100
  • Jefferson $251,400
  • Louisiana $216,500
  • United States $332,700
Typical monthly rent
  • Elmwood $1,602
  • Jefferson $1,190
  • Louisiana $1,064
  • United States $1,413
Typical yearly household income
  • Elmwood $89,430
  • Jefferson $65,252
  • Louisiana $60,756
  • United States $80,734
See the full table
Elmwood next to Jefferson Parish and Louisiana
Measure Elmwood Jefferson Parish Louisiana U.S.
Typical home value $188,100 $251,400 $216,500 $332,700
Typical monthly rent $1,602 $1,190 $1,064 $1,413
Typical yearly household income $89,430 $65,252 $60,756 $80,734
Households that own their home 13% 63% 67% 65%
Typical yearly property tax $1,345 $1,312 $1,180 $3,119
Effective property tax rate 0.72% 0.52% 0.55% 0.94%
Renters with high rent for their income 24% 54% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Jefferson Parish. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Elmwood

For a typical $188,100 home in Elmwood, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Elmwood's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,526a month

    Least cash to close
    Down payment
    $6,584
    Cash to close
    $12,227
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $83

  • Conventional, 5% down $1,491a month

    Down payment
    $9,405
    Cash to close
    $15,048
    Rate
    7.18%
    Mortgage insurance
    PMI · $89

  • Conventional, 20% down, no PMI $1,211a month

    Down payment
    $37,620
    Cash to close
    $43,263
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,385a month

    Down payment
    $28,215
    Cash to close
    $33,858
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Elmwood and for Jefferson Parish.

Property tax

Effective rate in Elmwood

0.72%of the home’s value each year

$1,345 a year for the typical owner in Elmwood.

  • Elmwood 0.72%
  • Jefferson 0.52%
  • Louisiana 0.55%

What Louisiana publishes Homestead exemption: $7,500 of assessed value (Louisiana State Legislature (Louisiana Constitution))

Exemptions and deadlines in Louisiana

Flood risk in Jefferson Parish

FEMA does not publish these numbers by city: they are for all of Jefferson Parish.

Homes in the high-risk zone
32%
36,689
Of those, with NFIP insurance
—
Parish Louisiana U.S.
Homes in the high-risk zone 32% 15% 3.5%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Elmwood

Typical rent in Elmwood is $1,602 a month: 35% above the parish. In Elmwood, 24% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Jefferson Parish, by unit size. To pay the 2-bedroom one ($1,480 a month) without spending more than 30% of your income, you would need to earn $28.46 an hour working full time.

HUD fair market rent for all of Jefferson Parish

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,096 $21.08 $43,840
1 bedroom $1,229 $23.63 $49,160
2 bedrooms $1,480 $28.46 $59,200
3 bedrooms $1,900 $36.54 $76,000
4 bedrooms $2,233 $42.94 $89,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Elmwood

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Elmwood has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,360 in 70121 to $1,630 in 70123.

1 of the 2 is above the fair market rent for Jefferson Parish ($1,480).

  • 70121 $1,360$1,750
  • 70123 $1,630$2,090

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Elmwood when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Elmwood

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Jefferson Parish; none says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Elmwood

No down payment, repair or rent-help program on our list is for Elmwood or Jefferson Parish. The ones below are statewide in Louisiana: they work in Elmwood the same as in the rest of the state.

Which programs do I qualify for? All programs in Louisiana

  • HomeStart Assist

    Statewide in Louisiana

    Louisiana state corporation 30-year mortgage for first-time buyers with 4% of the loan in assistance, as a 0% second mortgage forgiven after 60 months. Offered by Louisiana Housing Corporation (LHC).

    Forgivable

    See the program Official page

  • HomeStart Advantage

    Statewide in Louisiana

    Louisiana state corporation 30-year mortgage with 4% of the loan in assistance, as a 0% second mortgage forgiven after 60 months; you do not need to be a first-time buyer, but you cannot own another home at closing. Offered by Louisiana Housing Corporation (LHC).

    Forgivable

    See the program Official page

Housing counselors near Elmwood

The HUD-approved agencies closest to the center of Elmwood, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Jefferson Community Action Programs

    1221 Elmwood Park Blvd, New Orleans · 1 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (504) 736-6900

  • New Orleans Neighborhood Development Foundation

    1429 S Rampart St, New Orleans · 6 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 2 more
    (504) 488-0155

  • Louisiana Fair Housing Action Center, Inc.

    1340 Poydras St, New Orleans · 7 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    (504) 596-2100

Every agency in Jefferson Parish All counseling agencies in Louisiana

Help in Spanish near Elmwood

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Elmwood

HUD’s record names them for Elmwood or Jefferson Parish. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

3 other authorities have an office in Jefferson Parish: see the list Source: HUD

Cities

Other cities in Jefferson Parish

These cities are also in Jefferson Parish. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Jefferson Parish Housing in Louisiana
See 3 more cities in Jefferson Parish, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Elmwood, with the typical home value.

Neighboring counties

If Jefferson Parish is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Elmwood.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Elmwood

Short answers with the numbers for Elmwood and all of Jefferson Parish. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Elmwood?

The typical home value in Elmwood is $188,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Jefferson Parish it is $251,400.

How much does it cost to rent in Elmwood?

Typical rent in Elmwood is $1,602 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Jefferson Parish is $1,480.

What is the FHA loan limit in Elmwood?

Elmwood uses the FHA limit for all of Jefferson Parish (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Elmwood?

The typical homeowner in Elmwood pays $1,345 a year, according to the U.S. Census Bureau. That is 0.72% of the home’s value; in Jefferson Parish, the rate is 0.52%.

Where can I find free help to buy or rent in Elmwood?

There is 1 HUD-approved counseling agency with an office in Jefferson Parish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).