City Report · LA

Thibodaux

Pop. 15,732·37th most expensive in Louisiana·Thibodaux rents have dropped 12.1%, currently a renter's market
Median rent (all units)
$1,241/mo
Year-over-Year
-12.1%
Month-over-Month
-4.0%
vs US Median
-$721
Falling (Monthly)
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Most AffordableMost Expensive
Thibodaux · $1,241
More affordable than 91% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,241/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$50,000/yr
Local median income
$52,072/yr
Based on the 30%-of-income rule using Thibodaux's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$780
1 BR
$930
2 BR
$1,140
3 BR
$1,380
4 BR+
$1,520
Fair Market Rent (HUD)
$1,140/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,241 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$14,892/yr
At $1,241/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 12.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-12.1% YoY, -4.0% MoM), not inventory.
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Demographics

Who lives here

Thibodaux, LA is majority owner-occupied, has a large retiree population, has a median income below the national average, 34.6% of residents hold a bachelor's degree or higher.

Population
15,732
Median income
$52,072
Median age
39
Renters
38.4%
Age distribution
17.6%
26.6%
24.3%
20.2%
Under 1817.6%
18–3426.6%
35–5424.3%
55–6411.3%
65+20.2%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
68.1%
23.1%
White68.1%
Black23.1%
Hispanic4.5%
Asian0.9%
Other3.4%
Education (25+)
14.7%
30.4%
20.3%
34.6%
No HS diploma14.7%
HS diploma30.4%
Some college20.3%
Bachelor's+34.6%
Housing tenure
61.6%
38.4%
Owner61.6%
Renter38.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Thibodaux, LA has changed in 5 years

Income
$46,658 → $52,072
up 11.6%
Population
15,242 → 15,732
up 3.2%
Renter share
44.4% → 38.4%
-6.0 pts
Bachelor's+
32.6% → 34.6%
+2.0 pts
Median age
33.9 → 39
+5.1 yrs

On the earnings side, the typical household in Thibodaux, LA now reports about $52,072, up from $46,658 in 2021. Headcount in the area went from 15,242 to 15,732 between 2021 and 2024, a 3.2% change. About 38.4% of households rent today, against 44.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.6% to 34.6%.

Community

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View Thibodaux rent history (2015–2026) →
Salary vs rent

Can you afford rent in Thibodaux on your salary?

At $1,241/mo, how Thibodaux rent compares to typical pay (30% rule).

By apartment size

Thibodaux rent by bedroom count

Median rent for each apartment size in Thibodaux. Click any size for full breakdown.

Local insights

Tips for renters in Thibodaux

About renting in Thibodaux, LA

Last updated: August 17, 2026

The median rent in Thibodaux is $1,241/mo as of August 2026. A studio apartment averages $780/mo while a 2-bedroom runs $1,140/mo. One-bedroom apartments average $930/mo and 3-bedroom units go for $1,380/mo.

At 29% of local median household income ($52,072/yr), Thibodaux ranks as affordable compared to the national benchmark of 30%. Rents have decreased 12.1% over the past year.

FAQ

Frequently asked questions

Is Thibodaux an affordable city for renters?

Thibodaux is considered affordable for renters. At $1,241/mo, rent takes approximately 29% of the local median household income ($52,072/yr). The standard benchmark is 30%. Thibodaux falls comfortably within that range.

How much income do you need to rent in Thibodaux?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,241/mo in Thibodaux. The local median household income is $52,072/yr, meaning the typical Thibodaux household meets that threshold.

Is rent going up or down in Thibodaux?

Rent in Thibodaux has decreased 12.1% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Thibodaux rent compare to other cities in Louisiana?

Thibodaux is one of the more affordable cities in Louisiana for rent, ranking #37 out of 46 tracked cities at $1,241/mo.

What percentage of Thibodaux residents rent vs. own?

According to Census data, approximately 38.4% of Thibodaux households are renters, while 61.6% are owner-occupied. Thibodaux leans toward homeownership, which can mean a smaller rental inventory.

How does Thibodaux rent compare to the national average?

Thibodaux's median rent of $1,241/mo is $721 (37%) below the US national median of $1,962/mo. Within Louisiana, it ranks #37 out of 46 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,241/mo, rent takes ~29% of Thibodaux's median household income ($52,072/yr). The standard benchmark is 30%.

Thibodaux 29%Benchmark 30%
State income tax1.85–4.25%
Run the Thibodaux affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Thibodaux, LA

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