Department of Numbers

Calcasieu Parish Louisiana Residential Rent and Rental Statistics

The median monthly gross residential rent in Calcasieu Parish LA was $813 in 2017 according to the Census ACS survey.1 Average gross rent in Calcasieu Parish was $792 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Calcasieu Parish median and average rent data will be released in September of 2019.

Data is also available below for Calcasieu Parish rental vacancy rates, Calcasieu Parish rent as a percent of median income and the fraction of renters in Calcasieu Parish.

Show dollars as: Nominal Real

Real Gross Rent in Calcasieu Parish Louisiana (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Louisiana Median Gross Rent $836 +1.83% +1.95%
Calcasieu Parish LA Median Gross Rent $813 +2.26% +0.25%

Calcasieu Parish LA Real Gross Rent Trends

At $813, real median gross rent in Calcasieu Parish was at its highest level in 2017 since the series began in 2005. At $792, real average gross rent in Calcasieu Parish was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Calcasieu Parish LA Median, Calcasieu Parish LA Average, Louisiana Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Calcasieu Parish

Date US
Median
Louisiana
Median
Calcasieu Parish LA
Median
Calcasieu Parish LA
Average
2017 $1,012 $836 $813 $792
2016 $996 $821 $795 $772
2015 $987 $823 $785 $728
2014 $956 $820 $811 $686
2013 $924 $779 $767 $668
2012 $912 $771 $708 $656
2011 $912 $782 $747 $677
2010 $927 $798 $786 $685
2009 $931 $790 $756 $672
2008 $947 $802 $764 $694
2007 $899 $742 $747 $657
2006 $909 $736 $685 $609

Calcasieu Parish Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Calcasieu Parish Louisiana was 10.64% according to Census ACS data.

Rental Vacancy Rate in Calcasieu Parish Louisiana

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Louisiana 8.74% +0.30% +0.38%
Calcasieu Parish LA 10.64% +5.31% +0.81%

Trends in Calcasieu Parish LA Rental Vacancy Rate

The rental vacancy rate in Calcasieu Parish peaked in 2009 at 11.48%. Since then it has fallen by 0.84% to 10.64%. Data records for this series originated in 2005.

Rental Vacancy Rate: Calcasieu Parish LA, Louisiana, US

Rental vacancy rate in Louisiana

Historical Rental Vacancy Rate data for Calcasieu Parish

Date US Louisiana Calcasieu Parish LA
2017 6.18% 8.74% 10.64%
2016 5.89% 8.44% 5.33%
2015 5.85% 8.30% 7.07%
2014 6.32% 8.36% 9.83%
2013 6.49% 7.64% 6.57%
2012 6.77% 8.55% 10.94%
2011 7.40% 8.15% 11.27%
2010 8.17% 8.98% 10.94%
2009 8.43% 8.19% 11.48%
2008 7.86% 8.20% 5.92%
2007 7.87% 7.18% 2.27%
2006 7.70% 6.36% 1.88%

Rent as a Fraction of Income

Using median household income data for Calcasieu Parish, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Calcasieu Parish, median monthly gross rent as a fraction of median household income was 18.65% in 2017 according to the ACS.

Calcasieu Parish Louisiana Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Louisiana 21.74% +0.26% +0.17%
Calcasieu Parish LA 18.65% -1.80% -2.13%

Trends in Calcasieu Parish LA Rent as a Fraction of Income

The fraction of median Calcasieu Parish household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 21.84%. Since then it has fallen by 3.20% to 18.65%.

Fraction of Income towards Rent: Calcasieu Parish LA, Louisiana, US

Percent of median household income going towards median monthly gross rent in Calcasieu Parish Louisiana

Historical Data for Annual Rent as a Fraction of Income in Calcasieu Parish Louisiana

Date US Louisiana Calcasieu Parish LA
2017 20.13% 21.74% 18.65%
2016 20.43% 21.48% 20.44%
2015 20.63% 20.99% 20.01%
2014 20.89% 21.57% 20.78%
2013 20.78% 20.73% 21.14%
2012 20.65% 20.87% 18.58%
2011 20.70% 21.48% 21.26%
2010 20.50% 20.78% 21.84%
2009 20.12% 20.19% 18.71%
2008 19.00% 19.15% 17.70%
2007 18.66% 19.09% 18.74%
2006 18.90% 18.85% 17.23%

Renter Fraction in Calcasieu Parish Louisiana

You can calculate the renter fraction in Calcasieu Parish in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Calcasieu Parish as a fraction of total Calcasieu Parish households. In 2017 30.78% of households were renters according to Census ACS data.

Calcasieu Parish Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Louisiana 34.82% -0.92% -0.76%
Calcasieu Parish LA 30.78% -4.41% -3.04%

Trends in the Calcasieu Parish LA Renter Fraction

The Calcasieu Parish household renter fraction peaked in in 2016 at 35.19% and is now 4.41% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Calcasieu Parish LA, Louisiana, US

Fraction of renters in Calcasieu Parish

History of Calcasieu Parish Renter Fraction

Date US Louisiana Calcasieu Parish LA
2017 36.13% 34.82% 30.78%
2016 36.88% 35.74% 35.19%
2015 36.97% 35.42% 31.99%
2014 36.90% 35.58% 33.82%
2013 36.50% 34.03% 32.50%
2012 36.09% 34.27% 29.66%
2011 35.42% 33.57% 31.83%
2010 34.65% 32.45% 25.73%
2009 34.13% 32.08% 29.33%
2008 33.36% 31.46% 28.23%
2007 32.80% 32.06% 31.43%
2006 32.73% 31.52% 30.13%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.