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Sorrento

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

Median Home$285,299
Median Rent$1,438/month
Population1,762
Leading IndustryEducation2% of local workforce
Home Value Growth⬆⬆+17.4% over 2 years
Retirees26% of residentsabove average nationally
Homeowners86% of occupied units
NotableHigh Incomes$104k/year · top 15% nationally
Sorrento
LA

Frequently Asked Questions

What are today's mortgage rates in Sorrento?

As of today, the 30-year fixed mortgage rate for Sorrento is approximately 6.940% (6.978% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sorrento?

The median home value in Sorrento is $285k. The median monthly rent is $1,438. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sorrento?

Home values in Sorrento have increased 17.4% over the past two years. This indicates a strong appreciation trend. 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 Sorrento?

Based on a typical all-in ownership cost of $982/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sorrento is $104k/year.

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What industries drive the economy in Sorrento?

The largest employment sectors in Sorrento are public administration (24%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.