Is Terrebonne Parish, LA good for real estate investing?

Terrebonne Parish has an investment score of 61/100, rated as "Buy". The county ranks #344 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Terrebonne Parish?

The rent-to-price ratio in Terrebonne Parish is 8.77% annually, which ranks in the 95th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Terrebonne Parish?

The median home price in Terrebonne Parish is $182,582. This ranks #294 in affordability among all US counties.

Can you cash flow on rental properties in Terrebonne Parish?

Based on median values with 20% down at current rates, a typical rental in Terrebonne Parish would generate negative cash flow of $90/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Terrebonne Parish

LouisianaPopulation: 108,862

/100

Buy

#344 of 1,000 counties

#21 in Louisiana (64 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated August 31, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$182,582

Median Home Price

20% below national median

$1,334/mo

Median Rent

8% below national median

8.77%

Rent-to-Price Ratio

Top 5% nationally

-$90

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Scenario comparison

Same $1,334/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.

Scenario	Purchase price	Monthly cash flow	Cap rate	Cash-on-cash
75% of median value-add or distressed	$136,937	+$150/mo	7.6%	+5.7%
Median typical MLS deal	$182,582	-$90/mo	5.7%	-2.6%
125% of median newer / premium	$228,228	-$329/mo	4.6%	-7.5%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$182,582

Down Payment (20%)$36,516

Loan Amount$146,066

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,334

Monthly P&I-$957

Est. Expenses (35%)-$467

Net Cash Flow-$90/mo

5.7%

Cap Rate (all cash)

-2.6%

Cash-on-Cash Return

8.77%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.7% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

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Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

88/100

Based on 8.77% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

15/100

Based on -5.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

91/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (8.77%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-5.1% YoY)
-Negative leverage (cap rate 5.7% < mortgage rate 6.9%)

Economic Indicators

Population

108,862

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Best for

+Value-add operators who can buy below median and force rent up

Skip if

−You can't tolerate negative leverage (cap rate below mortgage rate today)
−You expect appreciation to carry the deal, but prices have declined year over year

Compare to Nearby Counties

County					Verdict
Plaquemines ParishLA	62	$266,075	$1,700	7.67%	Buy	View
CurrentTerrebonne ParishLA	61	$182,582	$1,334	8.77%	Buy
Rapides ParishLA	61	$165,369	$972	7.05%	Buy	View
Bossier ParishLA	61	$237,022	$1,359	6.88%	Buy	View
Natchitoches ParishLA	61	$176,764	Est. pending	—	Buy	View
Beauregard ParishLA	60	$189,090	$978	6.21%	Buy	View

The Bottom Line

BuyTerrebonne Parish offers solid investment potential with roughly break-even cash flow at typical financing.

Terrebonne Parish in Louisiana scores 61/100, ranking #344 of 1,000 US counties (top 44%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow (8.77% gross rent-to-price ratio). The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow

$-90/mo

Cap Rate

5.7%

Cash-on-Cash

-2.6%