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Opelousas

Learn about the people, housing, costs and businesses in Opelousas, Louisiana

Median Home$97,245
Median Rent$698/month
Population15,731
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing8% finance & insurance
Home Value Growth+4.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners52% of occupied units
NotableAffordable Market$97k median home · lower cost than 93% of the country
NotableAmenity Score71/100 · highly walkable area
Opelousas
LA

Frequently Asked Questions

What are today's mortgage rates in Opelousas?

As of today, the 30-year fixed mortgage rate for Opelousas is approximately 6.986% (7.028% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Opelousas
What is the median home price in Opelousas?

The median home value in Opelousas is $97k. The median monthly rent is $698. Annual property taxes average $235. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Opelousas?

Home values in Opelousas have increased 4.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Opelousas?

Based on a typical all-in ownership cost of $636/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Opelousas is $31k/year.

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What industries drive the economy in Opelousas?

The largest employment sectors in Opelousas are public administration (23%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.