Based on the latest figures from the Zillow Home Value Index, home prices across Louisiana vary widely—but in some towns, they’re lower than ever. Whether you’re looking to relocate, retire on a budget, or just curious about which communities offer the best value, this roundup highlights the 15 most affordable towns in the state as of 2025. We looked at home value trends over the past several years and included full historical data where available. Each town’s ranking is based on its 2025 home value, starting with the most expensive of the affordable picks and ending with the cheapest.
15. Henderson – 8.36% Home Price Drop Since 2024
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- 2024: $98,471
- 2025: $90,241 (-$8,230, -8.36% from previous year)
Despite lacking long-term data, Henderson’s home values declined sharply from 2024 to 2025, making it a notably affordable option in south-central Louisiana. With the typical home now valued just over $90,000, it’s significantly below the national average. This drop may reflect broader rural trends or shifting demand in smaller communities.
Henderson – Budget-Friendly Living Near the Atchafalaya Basin
Henderson sits on the edge of the Atchafalaya Basin, the largest swamp in the United States, and offers access to some of Louisiana’s most iconic outdoor experiences. Known for its fishing, swamp tours, and Cajun heritage, the town has a rural charm that appeals to those seeking space and simplicity.
Its proximity to Lafayette, roughly 20 minutes away, means residents can enjoy small-town prices while still having access to urban services. The recent dip in home values might be influenced by limited inventory or aging housing stock, but for buyers, it represents an opportunity to own property in a culturally rich and ecologically unique area.
14. Mansfield – 24.1% Home Price Drop Since 2017
- 2010: N/A
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- 2016: N/A
- 2017: $116,280
- 2018: $126,454 (+$10,173, +8.75% from previous year)
- 2019: $128,817 (+$2,363, +1.87% from previous year)
- 2020: N/A
- 2021: $137,068
- 2022: $116,181 (-$20,887, -15.24% from previous year)
- 2023: $101,843 (-$14,338, -12.34% from previous year)
- 2024: $87,944 (-$13,899, -13.65% from previous year)
- 2025: $88,268 (+$324, +0.37% from previous year)
Mansfield’s home values have steadily dropped over the past several years, losing nearly a quarter of their value since 2017. After steep declines from 2021 through 2024, prices have now stabilized slightly. This places Mansfield among Louisiana’s most budget-friendly housing markets in 2025.
Mansfield – Historic Character Meets Affordable Homes
Located in DeSoto Parish, Mansfield has deep roots in Louisiana’s Civil War history and still features several historic buildings and sites. It’s a small town with strong local ties, and while it once saw housing appreciation in the late 2010s, the market has since cooled considerably.
Despite this, Mansfield’s affordability is drawing attention from first-time buyers and retirees. The town’s proximity to Shreveport, about 40 minutes north, offers commuting options for those who want rural living without being too far removed from city resources. The recent price correction may be tied to broader economic trends in rural parishes, but the town remains one of the most economical places to buy a home in Louisiana.
13. Mer Rouge – 8.17% Home Price Drop Since 2019
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- 2019: $95,258
- 2020: N/A
- 2021: $107,405
- 2022: $105,408 (-$1,997, -1.86% from previous year)
- 2023: $101,598 (-$3,810, -3.61% from previous year)
- 2024: $95,518 (-$6,080, -5.98% from previous year)
- 2025: $87,497 (-$8,021, -8.40% from previous year)
Mer Rouge has experienced a steady downward trend in home values since 2021. Prices have dropped nearly 17% over four years, making homes in the area significantly more affordable in 2025. While it once edged near $108,000, the current median is just under $88,000.
Mer Rouge – A Quiet Village in Northeast Louisiana
Mer Rouge is a small village in Morehouse Parish, northeast of Monroe. With fewer than 1,000 residents, it offers a quiet, rural setting surrounded by farmland and forests. The drop in home values may be due in part to limited demand and an aging population.
Despite the price decline, Mer Rouge retains a strong sense of community and has seen occasional investment in agricultural and manufacturing sectors. The affordability of housing, combined with low population density, makes it a practical choice for buyers seeking space, quiet, and low entry costs.
12. Jeanerette – 7.5% Home Price Increase Since 2010
- 2010: $79,226
- 2011: $79,252 (+$26, +0.03% from previous year)
- 2012: $74,805 (-$4,447, -5.61% from previous year)
- 2013: $77,800 (+$2,996, +4.00% from previous year)
- 2014: $76,508 (-$1,292, -1.66% from previous year)
- 2015: $82,281 (+$5,773, +7.55% from previous year)
- 2016: $88,671 (+$6,390, +7.77% from previous year)
- 2017: $83,396 (-$5,275, -5.95% from previous year)
- 2018: $92,900 (+$9,504, +11.40% from previous year)
- 2019: $92,400 (-$500, -0.54% from previous year)
- 2020: N/A
- 2021: $103,728
- 2022: $104,317 (+$589, +0.57% from previous year)
- 2023: $90,561 (-$13,756, -13.19% from previous year)
- 2024: $85,141 (-$5,421, -5.99% from previous year)
- 2025: $85,183 (+$42, +0.05% from previous year)
Jeanerette has seen price swings over the years but ultimately landed with a modest increase of around 7.5% since 2010. After a steep drop in 2023, prices have flattened, holding steady at around $85,000 in 2025.
Jeanerette – Sugarcane Roots and Affordable Housing
Nicknamed the “Sugar City,” Jeanerette is located along Bayou Teche in Iberia Parish. The town has a deep-rooted history in sugarcane farming and Creole culture. Its architecture and historic downtown hint at its 19th-century heritage, adding to its unique charm.
Home values peaked in the early 2020s before cooling in 2023. Its location between New Iberia and Franklin makes it a practical option for budget-conscious homeowners who want to stay close to larger communities. With prices now stabilized, Jeanerette continues to offer value and historic character.
11. Oak Grove – 5% Home Price Increase Since 2022
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- 2022: $79,465
- 2023: $77,752 (-$1,714, -2.16% from previous year)
- 2024: $69,902 (-$7,850, -10.10% from previous year)
- 2025: $83,478 (+$13,577, +19.42% from previous year)
Oak Grove’s home values rebounded sharply in 2025 after several years of decline. The current price of just over $83,000 represents a net gain since 2022, with most of the growth coming in the past year alone.
Oak Grove – Small-Town Resilience in North Louisiana
Oak Grove is located in West Carroll Parish, near the Arkansas border. It’s the parish seat and a center of local government and schools for the area. Like many rural towns, it saw home prices dip during uncertain periods, but a recent jump suggests renewed interest or limited supply.
With a population just under 2,000, Oak Grove offers quiet living, access to nature, and community-focused amenities. The affordability, combined with a rebound in pricing, makes it a town worth watching in the years ahead.
10. Golden Meadow – 45% Home Price Drop Since 2017
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- 2017: $151,120
- 2018: $138,720 (-$12,400, -8.21% from previous year)
- 2019: $135,782 (-$2,939, -2.12% from previous year)
- 2020: N/A
- 2021: $147,050
- 2022: $128,714 (-$18,336, -12.47% from previous year)
- 2023: $103,250 (-$25,464, -19.78% from previous year)
- 2024: $88,005 (-$15,246, -14.77% from previous year)
- 2025: $83,168 (-$4,837, -5.50% from previous year)
Golden Meadow has seen one of the steepest long-term price declines on this list, losing around 45% in home value since its 2017 peak. Although values ticked down again in 2025, the rate of decline slowed. At just over $83,000, prices are more accessible than ever.
Golden Meadow – Coastal Town with Shrinking Values
Golden Meadow lies along Bayou Lafourche in southern Lafourche Parish. The town has historically relied on the fishing and offshore oil industries, but in recent years, coastal challenges and economic shifts have impacted demand for housing. Flood risk and insurance costs may also play a role in property valuation.
Despite these concerns, Golden Meadow’s location offers direct access to the Gulf of Mexico and a way of life tied closely to Louisiana’s maritime traditions. The decline in home prices could represent a buying opportunity for those able to manage coastal risks, and the community remains resilient in preserving its identity and economy.
9. Wisner – 17.3% Home Price Growth Since 2016
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- 2016: $70,855
- 2017: $72,933 (+$2,078, +2.93% from previous year)
- 2018: $70,053 (-$2,880, -3.95% from previous year)
- 2019: $70,323 (+$270, +0.39% from previous year)
- 2020: N/A
- 2021: $85,346
- 2022: $87,082 (+$1,736, +2.03% from previous year)
- 2023: $92,214 (+$5,133, +5.89% from previous year)
- 2024: $81,148 (-$11,066, -12.00% from previous year)
- 2025: $83,168 (+$2,019, +2.49% from previous year)
Wisner’s housing market has been relatively steady, gaining about 17% since 2016. After a small decline in 2024, prices ticked up slightly this year. With 2025 home values at $83,168, it remains one of the most affordable towns in Louisiana.
Wisner – Quiet Growth in Franklin Parish
Wisner is tucked away in Franklin Parish, a rural area in northeast Louisiana. It’s a small farming community with limited residential turnover and modest price movements. That stability can be attractive to buyers looking for consistency and predictability.
Though home prices have fluctuated year-to-year, the overall trajectory since 2016 is upward. The 2024 dip was notable, but the rebound in 2025 may reflect renewed interest in rural properties or better affordability relative to other towns nearby. Wisner offers a peaceful lifestyle with strong agricultural roots and community traditions.
8. Bogalusa – 12% Home Price Increase Since 2010
- 2010: $74,290
- 2011: $75,824 (+$1,534, +2.07% from previous year)
- 2012: $76,155 (+$331, +0.44% from previous year)
- 2013: $74,886 (-$1,268, -1.67% from previous year)
- 2014: $82,403 (+$7,517, +10.04% from previous year)
- 2015: $83,223 (+$820, +0.99% from previous year)
- 2016: $87,261 (+$4,038, +4.85% from previous year)
- 2017: $84,856 (-$2,405, -2.76% from previous year)
- 2018: $93,381 (+$8,524, +10.05% from previous year)
- 2019: $94,951 (+$1,570, +1.68% from previous year)
- 2020: N/A
- 2021: $106,080
- 2022: $107,354 (+$1,273, +1.20% from previous year)
- 2023: $95,809 (-$11,545, -10.75% from previous year)
- 2024: $81,339 (-$14,470, -15.10% from previous year)
- 2025: $83,150 (+$1,811, +2.23% from previous year)
While Bogalusa’s home values peaked in 2022, the town has still gained about 12% since 2010. After two years of sharp price drops, a small rebound in 2025 nudges values just above $83,000.
Bogalusa – Logging Legacy and Affordable Homes
Located near the Mississippi border in Washington Parish, Bogalusa was once a booming lumber town. Though industry has declined, its historical significance and grid-style layout still shape the community. It’s one of the largest towns in this ranking, with more infrastructure than many others on the list.
The recent decline in prices may reflect the broader economic shifts in ex-industrial towns. However, with schools, healthcare, and retail already in place, Bogalusa remains attractive for those looking to settle in a more established community without high costs. Its modest rebound in 2025 could signal stabilization after an overheated period.
7. Bastrop – 21.5% Home Price Increase Since 2010
- 2010: $67,555
- 2011: $67,415 (-$139, -0.21% from previous year)
- 2012: $69,881 (+$2,465, +3.66% from previous year)
- 2013: $72,088 (+$2,207, +3.16% from previous year)
- 2014: $75,338 (+$3,250, +4.51% from previous year)
- 2015: $80,284 (+$4,947, +6.57% from previous year)
- 2016: $89,096 (+$8,811, +10.98% from previous year)
- 2017: $81,647 (-$7,449, -8.36% from previous year)
- 2018: $76,323 (-$5,323, -6.52% from previous year)
- 2019: $76,864 (+$541, +0.71% from previous year)
- 2020: N/A
- 2021: $84,465
- 2022: $89,554 (+$5,089, +6.03% from previous year)
- 2023: $91,591 (+$2,036, +2.27% from previous year)
- 2024: $87,344 (-$4,247, -4.64% from previous year)
- 2025: $82,110 (-$5,234, -5.99% from previous year)
Since 2010, Bastrop’s housing market has climbed by more than 21%, though recent years have seen price pullbacks. After peaking in 2023, values dipped over two consecutive years. Still, at $82,110 in 2025, homes remain among the most affordable statewide.
Bastrop – From Boomtown to Budget Option
Located in Morehouse Parish, Bastrop was once a hub for manufacturing and trade. While some industry remains, much of the economic base has shifted or downsized over the past two decades. Housing prices have responded with volatility, climbing and falling in cycles.
The latest downturn could signal softening demand or adjustments after pandemic-era highs. Still, Bastrop benefits from being a larger town with multiple schools, retail options, and medical services. For those wanting a low-cost home with more urban infrastructure than rural villages, it’s a strong candidate.
6. Homer – 50.3% Home Price Drop Since 2016
- 2010: $164,072
- 2011: $158,537 (-$5,535, -3.37% from previous year)
- 2012: $162,446 (+$3,909, +2.47% from previous year)
- 2013: $156,205 (-$6,241, -3.84% from previous year)
- 2014: $168,353 (+$12,149, +7.78% from previous year)
- 2015: $196,808 (+$28,455, +16.90% from previous year)
- 2016: $208,377 (+$11,569, +5.88% from previous year)
- 2017: $187,909 (-$20,468, -9.82% from previous year)
- 2018: $190,706 (+$2,797, +1.49% from previous year)
- 2019: $181,810 (-$8,896, -4.66% from previous year)
- 2020: N/A
- 2021: $168,382
- 2022: $141,219 (-$27,163, -16.13% from previous year)
- 2023: $124,517 (-$16,702, -11.83% from previous year)
- 2024: $99,164 (-$25,353, -20.36% from previous year)
- 2025: $81,494 (-$17,671, -17.82% from previous year)
Homer has undergone one of the most dramatic price collapses in the state. After peaking in 2016, home values in this Claiborne Parish town have plummeted by over 50%. The steepest declines occurred between 2022 and 2025, with prices now hovering just above $81,000.
Homer – Steep Declines in a Historic North Louisiana Town
Homer is the seat of Claiborne Parish in northern Louisiana, known for its courthouse square and historical significance. While once a key regional center, the town has experienced economic stagnation and population loss—factors likely contributing to the ongoing drop in property values.
Today, Homer offers incredibly low home prices, but it may come with trade-offs in terms of employment options and infrastructure. That said, for those seeking a quiet, affordable home base steeped in history, it remains a viable option—particularly for remote workers or retirees not dependent on local job markets.
5. Springhill – 4.0% Home Price Growth Since 2010
- 2010: $78,365
- 2011: $85,668 (+$7,303, +9.32% from previous year)
- 2012: $85,775 (+$107, +0.13% from previous year)
- 2013: $94,398 (+$8,622, +10.05% from previous year)
- 2014: $100,303 (+$5,905, +6.26% from previous year)
- 2015: $110,091 (+$9,788, +9.76% from previous year)
- 2016: $128,662 (+$18,571, +16.87% from previous year)
- 2017: $120,524 (-$8,138, -6.32% from previous year)
- 2018: $111,621 (-$8,904, -7.39% from previous year)
- 2019: $110,060 (-$1,561, -1.40% from previous year)
- 2020: N/A
- 2021: $114,600
- 2022: $98,084 (-$16,516, -14.41% from previous year)
- 2023: $102,282 (+$4,198, +4.28% from previous year)
- 2024: $98,378 (-$3,904, -3.82% from previous year)
- 2025: $81,486 (-$16,892, -17.17% from previous year)
Springhill’s housing market has swung widely over the last decade. Despite a few years of appreciation, the town has returned to 2010 price levels—up just 4% over 15 years. Its 2025 median price of $81,486 lands it among the lowest in the state.
Springhill – A Manufacturing Town with Declining Prices
Springhill is in Webster Parish, near the Arkansas state line. It has long been tied to the timber and manufacturing industries, but those sectors have shrunk considerably in recent decades. As a result, local economic pressure likely contributed to fluctuating home prices.
Despite this, Springhill offers a surprisingly solid foundation for homeownership, with city infrastructure, healthcare, and education access. The latest sharp price decline in 2025 could present an opportunity for buyers seeking value in a town with a strong industrial past and accessible cost of living.
4. Vivian – 9.7% Home Price Drop Since 2010
- 2010: $84,325
- 2011: $97,273 (+$12,948, +15.36% from previous year)
- 2012: $88,801 (-$8,472, -8.71% from previous year)
- 2013: $80,718 (-$8,083, -9.10% from previous year)
- 2014: $80,654 (-$64, -0.08% from previous year)
- 2015: $82,027 (+$1,373, +1.70% from previous year)
- 2016: $82,723 (+$696, +0.85% from previous year)
- 2017: $78,119 (-$4,604, -5.57% from previous year)
- 2018: $81,351 (+$3,232, +4.14% from previous year)
- 2019: $85,646 (+$4,295, +5.28% from previous year)
- 2020: N/A
- 2021: $92,777
- 2022: $88,176 (-$4,600, -4.96% from previous year)
- 2023: $79,138 (-$9,038, -10.25% from previous year)
- 2024: $76,674 (-$2,464, -3.11% from previous year)
- 2025: $76,129 (-$545, -0.71% from previous year)
Vivian has lost nearly 10% in value since 2010, with most of that decline occurring after 2021. Despite earlier growth spurts, the current median sits at just over $76,000, putting the town firmly in affordable territory for 2025.
Vivian – North Caddo Parish’s Quietest Market
Vivian lies northwest of Shreveport in Caddo Parish. It has long been a quiet town with a stable, if modest, housing stock. The town features small businesses, civic pride, and a central role in serving the rural region around it.
Price declines could reflect demographic shifts and an aging population. Still, Vivian has seen investment in its downtown area and schools in recent years, and some buyers may find opportunity in its stability, small-town pace, and easy access to northwestern Louisiana’s resources.
3. Ringgold – 1.4% Home Price Growth Since 2024
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- 2024: $73,303
- 2025: $74,329 (+$1,027, +1.40% from previous year)
Ringgold saw a small increase in home prices from 2024 to 2025. With limited data prior to 2024, it’s unclear how the town’s housing market has evolved longer-term. Still, with values just above $74,000, it’s one of the lowest in the state this year.
Ringgold – Modest Gains in Bienville Parish
Located in Bienville Parish, Ringgold is a small rural town nestled in northwest Louisiana. With limited housing turnover and a steady population, home prices here tend to change gradually. The recent uptick may reflect increased interest from buyers priced out of nearby regions.
Ringgold’s affordability is bolstered by its basic amenities and strong community presence. Though it lacks big-city conveniences, the town provides value for those looking to put down roots in a quiet, stable area.
2. Melville – 32.6% Home Price Drop Since 2021
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- 2021: $100,779
- 2022: $98,545 (-$2,234, -2.22% from previous year)
- 2023: $93,254 (-$5,291, -5.37% from previous year)
- 2024: $75,892 (-$17,362, -18.62% from previous year)
- 2025: $67,976 (-$7,916, -10.43% from previous year)
Melville’s housing prices have fallen significantly over the past four years, dropping nearly one-third in value. From just over $100,000 in 2021 to under $68,000 in 2025, it’s now among the most affordable towns in the state by a wide margin.
Melville – Historic River Town with Deep Declines
Melville sits along the Atchafalaya River in St. Landry Parish. Once a busy ferry crossing and rail hub, the town has slowed over the decades, with much of its economic activity shifting elsewhere. This decline is mirrored in its housing market, which has experienced one of the sharpest multi-year drops statewide.
Despite the downturn, Melville retains a rich architectural and cultural history, and its riverside location could appeal to those seeking peace, space, and an extremely low cost of living. However, amenities are limited, and the housing stock may require renovation. For buyers with patience and a long view, Melville may offer intriguing opportunities.
1. Lake Providence – 7.24% Home Price Drop Since 2024
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- 2024: $70,249
- 2025: $65,166 (-$5,083, -7.24% from previous year)
With a 2025 typical home value of just $65,166, Lake Providence ranks as the most affordable town in Louisiana. Though limited data is available, the town saw a 7% price drop in the last year alone, placing it firmly at the bottom of the state’s housing cost list.
Lake Providence – The Cheapest Market in the State
Lake Providence is the seat of East Carroll Parish, located in the northeast corner of the state near the Mississippi border. The town overlooks the oxbow lake of the same name and has long been shaped by its agricultural surroundings and history of economic hardship.
Low home values here reflect ongoing challenges, including population decline and limited new development. Still, Lake Providence offers potential for buyers interested in extremely low entry points and a tight-knit community. It may not be booming, but it stands out for affordability in 2025.
