Mortgage Rates in Prairieville, Louisiana — March 2026
Updated March 2026 | Based on Prairieville market data and regional lending conditions
Prairieville is a growing city in Louisiana with a population of 33,197. The current 30-year fixed mortgage rate in Prairieville is 6.65%, which is at the national average. With a median home price of $182,000 and a 20% down payment of $36,400, homebuyers can expect a monthly principal and interest payment of approximately $935.
Current Mortgage Rates in Prairieville, LA
Below are the current average mortgage rates available in the Prairieville area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.65% | 6.65% | 0% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.45% | 6.25% | +0.2% |
| VA | 6.2% | 6.05% | +0.15% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Prairieville Housing Market Overview
The Prairieville housing market offers relatively affordable housing compared to many major cities. The median household income in Prairieville is $45,600, and the cost of living index is 92 (national average = 100). Based on the 28% affordability rule, the median income in Prairieville is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Prairieville
Based on the median home price of $182,000 with 20% down ($36,400), here is what you can expect to pay monthly in Prairieville:
15-Year vs. 30-Year Mortgage in Prairieville
Choosing a 15-year mortgage in Prairieville at 5.91% instead of a 30-year at 6.65% would save you $116,640 in total interest over the life of the loan. However, your monthly payment would be $1,222 instead of $935 — an increase of $287 per month.
Calculate Your Prairieville Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Prairieville
What are the current mortgage rates in Prairieville, LA?
As of March 2026, the average 30-year fixed mortgage rate in Prairieville, Louisiana is 6.65%, while the 15-year fixed rate is 5.91%. FHA loans average 6.45% and VA loans 6.2%. These rates are at the national average of 6.65%.
How much is a monthly mortgage payment in Prairieville?
Based on the median home price of $182,000 with 20% down, the estimated monthly mortgage payment in Prairieville is $935 for principal and interest. Including property taxes of $83/month, the total monthly housing cost is approximately $1,018.
What income do I need to buy a home in Prairieville?
Using the 28% rule, you would need an annual income of approximately $43,629 to afford the median-priced home in Prairieville at $182,000. The median household income in Prairieville is $45,600. The median income is currently sufficient to meet this threshold.
Is Prairieville a good place to buy a home in 2026?
Prairieville offers a below-average cost of living with a cost of living index of 92 (national average = 100). The property tax rate in Louisiana is 0.55%, which is below the national average. Prairieville has a population of 33,197 and offers a very affordable lifestyle.
Mortgage Rates in Other Louisiana Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Prairieville, Louisiana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.