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City · 9,585 residents · Lafourche Parish, Louisiana

Raceland , Louisiana

In Raceland, a typical home is worth $187,800 and typical rent is $629 a month. Compared with all of Lafourche Parish, typical rent is 32% lower.

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  • Typical home value

    $187,800

    3% below the parish

    13% below Louisiana

    • Raceland
    • Lafourche
    • Louisiana

  • Typical rent

    $629a month

    32% below the parish

    41% below Louisiana

    • Raceland
    • Lafourche
    • Louisiana

  • Typical household income

    $60,286a year

    5% below the parish

    About the same as Louisiana

    • Raceland
    • Lafourche
    • Louisiana

  • Households that own their home

    80%

    About the same as the parish

    13 points above Louisiana

    • Raceland
    • Lafourche
    • Louisiana

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

Market now, with Zillow data

Zillow data
Typical home value
$171,761
about the same as 12 months ago

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

Raceland is in Lafourche 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 Lafourche Parish. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Raceland apart

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

  1. Raceland has the 2nd lowest typical rent of the 92 cities in Louisiana with more than 5,000 people ($629).

  2. Nearby, in Gray, the typical home value is $139,400: 26% less than in Raceland ($187,800).

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

The homes here

Housing in Raceland

What homes there are in Raceland, 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

As in Lafourche Parish, most homes in Raceland are detached houses (72%).

Year built

Homes in Raceland are older: the typical year built is 1977; in Lafourche Parish, 1982.

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

$1,453 a month

Lafourche Parish: $1,508 a month

Without a mortgage

$336 a month

Lafourche Parish: $400 a month

Owners with a mortgage

42%

Lafourche Parish: 45%

Owning costs about the same in Raceland as in Lafourche Parish: with a mortgage, $1,453 a month; without one, $336.

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 Raceland rose 41%; in Lafourche Parish, it rose 23%.

Since 2015–2019, the typical rent in Raceland did not change clearly, according to the Census.

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

MeasureRacelandLafourche ParishLouisianaUnited States
Rental vacancy Unreliable estimate7.3%7.8%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.3%0.9%
More than one person per room Unreliable estimate1.9%2.3%3.4%
People per household 2.482.482.492.53
Drive alone 91%81%79%69%
Carpool Unreliable estimate10%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home Unreliable estimate5%8%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Lafourche Parish, a household in Raceland has 2.48 people on average.

To get to work, 91% of workers in Raceland drive alone; in Lafourche Parish, 81%.

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 Raceland?

A typical home is tight for the typical income

We start with a typical home in Raceland, worth $187,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Raceland, which is $60,286 a year. For that payment to be 28% of income, a household would need to earn about $63,267 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Raceland. 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 $6,573 (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

$1,476

at 7.18% · 30 years

Loan amount
$184,398
Total interest
$265,306
Paid off in
November 2056

Includes $3,171 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,407 a month

  • Tight

    $1,407 to $1,809 a month

    Your payment · 29%

  • Hard

    more than $1,809 a month

Compared with the typical household income in Raceland ($60,286 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,476
Principal & interest$1,249
Property tax$66
Home insurance$78
FHA mortgage insurance (MIP)$83

You need at least $6,573 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

Raceland and Lafourche Parish

Raceland is in Lafourche 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).

Raceland's own numbers

Typical home value
$187,800
Typical monthly rent
$629
Typical yearly household income
$60,286
Households that own their home
80%
Effective property tax rate
0.42%

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

Numbers for all of Lafourche Parish

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,098
Price change over 5 years (FHFA)
+21%

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 Lafourche Parish.

Everything about Lafourche Parish

Buying

Buying a home in Raceland

A typical home in Raceland is worth $187,800: 3% below the parish and 13% below Louisiana. With the typical household income in Raceland ($60,286 a year), a typical home costs 3.1 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.

  • Raceland 3.1 years
  • Lafourche 3.1 years
  • Louisiana 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Lafourche Parish

According to FHFA’s house price index, home prices in Lafourche Parish rose 28% in the 10 years through 2025.

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

Period Parish Louisiana U.S.
Last year (2025) +0.3% +1.8% +2.9%
5 years (2020–2025) +21% +22% +47%
10 years (2015–2025) +28% +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

Raceland next to Lafourche 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
  • Raceland $187,800
  • Lafourche $193,900
  • Louisiana $216,500
  • United States $332,700
Typical monthly rent
  • Raceland $629
  • Lafourche $928
  • Louisiana $1,064
  • United States $1,413
Typical yearly household income
  • Raceland $60,286
  • Lafourche $63,135
  • Louisiana $60,756
  • United States $80,734
See the full table
Raceland next to Lafourche Parish and Louisiana
Measure Raceland Lafourche Parish Louisiana U.S.
Typical home value $187,800 $193,900 $216,500 $332,700
Typical monthly rent $629 $928 $1,064 $1,413
Typical yearly household income $60,286 $63,135 $60,756 $80,734
Households that own their home 80% 80% 67% 65%
Typical yearly property tax $796 $1,038 $1,180 $3,119
Effective property tax rate 0.42% 0.54% 0.55% 0.94%
Renters with high rent for their income 59% 56% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lafourche 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 Raceland

For a typical $187,800 home in Raceland, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Raceland's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,476a month

    Least cash to close
    Down payment
    $6,573
    Cash to close
    $12,207
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $83

  • Conventional, 5% down $1,442a month

    Down payment
    $9,390
    Cash to close
    $15,024
    Rate
    7.18%
    Mortgage insurance
    PMI · $89

  • Conventional, 20% down, no PMI $1,162a month

    Down payment
    $37,560
    Cash to close
    $43,194
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,335a month

    Down payment
    $28,170
    Cash to close
    $33,804
    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 Raceland and for Lafourche Parish.

Property tax

Effective rate in Raceland

0.42%of the home’s value each year

$796 a year for the typical owner in Raceland.

  • Raceland 0.42%
  • Lafourche 0.54%
  • 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 Lafourche Parish

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

FEMA’s maps count no homes in the high-risk zone in Lafourche Parish. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Raceland

Typical rent in Raceland is $629 a month: 32% below the parish. In Raceland, 59% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Lafourche Parish, by unit size. To pay the 2-bedroom one ($1,098 a month) without spending more than 30% of your income, you would need to earn $21.12 an hour working full time.

HUD fair market rent for all of Lafourche 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 $765 $14.71 $30,600
1 bedroom $903 $17.37 $36,120
2 bedrooms $1,098 $21.12 $43,920
3 bedrooms $1,335 $25.67 $53,400
4 bedrooms $1,443 $27.75 $57,720

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 Raceland

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Raceland is in ZIP code 70394.

For 2 bedrooms it is $1,000: $98 less than the fair market rent for Lafourche Parish ($1,098).

  • 70394 $1,000$1,200

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Raceland 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 Raceland

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.

We found no HUD-approved agencies with an office in Lafourche Parish. The nearest ones are below; many serve by phone or online.

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Raceland

No down payment, repair or rent-help program on our list is for Raceland or Lafourche Parish. The ones below are statewide in Louisiana: they work in Raceland 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 Raceland

The HUD-approved agencies closest to the center of Raceland, 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 · 31 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 · 36 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 · 37 miles away

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

All counseling agencies in Louisiana

Help in Spanish near Raceland

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 Raceland

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

2 other authorities have an office in Lafourche Parish: see the list Source: HUD

Cities

Other cities in Lafourche Parish

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

Everything about Lafourche Parish Housing in Louisiana

Nearby cities

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

Neighboring counties

If Lafourche 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 Raceland.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Raceland

Short answers with the numbers for Raceland and all of Lafourche 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 Raceland?

The typical home value in Raceland is $187,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lafourche Parish it is $193,900.

How much does it cost to rent in Raceland?

Typical rent in Raceland is $629 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lafourche Parish is $1,098.

What is the FHA loan limit in Raceland?

Raceland uses the FHA limit for all of Lafourche 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 Raceland?

The typical homeowner in Raceland pays $796 a year, according to the U.S. Census Bureau. That is 0.42% of the home’s value; in Lafourche Parish, the rate is 0.54%.

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

We found no HUD-approved counseling agencies with an office in Lafourche Parish; the nearest ones are on this page. 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).