Mortgage payment estimates, closing cost breakdowns, and homebuying data for Sulphur, Louisiana.
Median Home Price
$195K
Population
21K
Avg Monthly Rent
$950
Property Tax Rate
0.55% *
* Property tax shown is the Louisiana state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Sulphur.
Sulphur vs Louisiana Median
The median home price in Sulphur is $195,000, which is roughly in line with the Louisiana state median of $195,000.
Mortgage Calculator — Sulphur, LA
Pre-filled with Sulphur median home price and Louisiana tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $195K home using Louisiana's 0.55% tax rate and $3,500/yr insurance.
5% Down
$1,660/mo
Down: $9,750
Loan: $185K
P&I: $1,171
Tax: $89
Insurance: $292
PMI: $108
10% Down
$1,593/mo
Down: $19,500
Loan: $176K
P&I: $1,109
Tax: $89
Insurance: $292
PMI: $102
20% Down (No PMI)
$1,367/mo
Down: $39,000
Loan: $156K
P&I: $986
Tax: $89
Insurance: $292
Income needed (28% rule): $59K/year with 20% down, $68K/year with 10% down.
Rent vs Buy in Sulphur
Rent
$950/mo
vs
Buy (10% down)
$1,593/mo
Price-to-rent ratio: 17.1 — A ratio between 15-20 means the rent vs buy decision in Sulphur depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Sulphur is $195,000, roughly in line with the Louisiana state median of $195,000. With a population of 20,512, Sulphur is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Louisiana average 0.55% annually. This low property tax rate is a significant advantage for Sulphur buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Louisiana runs approximately $3,500 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in Sulphur is $950/month. The price-to-rent ratio in Sulphur is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Sulphur offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Louisiana's LHC Mortgage Revenue Bond program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Sulphur.