Rayne, LA—70578
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rayne, LA
As of Oct '25, the median home price in Rayne, LA is $169,000, with a year-over-year change of -2.3%. This indicates that home prices in Rayne, LA are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $169,000 | -2.3% |
| Single Family | $169,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rayne, LA
As of July '25, Rentcast reports the average rent in Rayne, LA is $1,050, with a year-over-year rent change of -26.1%. Per bedroom, the median rent as of July '25 in Rayne, LA is 2-bedrooms: $975, 4-bedrooms: $1,280. The most common rental property sizes in Rayne, LA are 3-bedroom and 2-bedroom, accounting for 41.3% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $975 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,280 | $1,280 |
% of Rental Stock
Property Listings — Rayne, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rayne, LA is 74. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $228,000 | 9.0% |
Listing Count | 49 | -3.0% |
| Listings as % of Homes | 0.4% | -3.0% |
Days on Market | 74 | -9.0% |
Demographics — Rayne, LA
As of the latest ACS Survey released in 2023, Rayne, LA has a population of 16,300, which has decreased by -10.0% over the past 5 years. Rayne, LA is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,300 | -10.0% |
% Under 18 | 27.6% | 3.8% |
% Seniors | 14.2% | 10.9% |
% WFH | 2.9% | 52.6% |
% w/ College Degree | 13.3% | -8.9% |
As of the latest ACS Survey released in 2023, Rayne, LA is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 9.7% in the last 5 years. The second most common race or ethnicity in Rayne, LA is black, making up 21.4% of the population. Foreign-born residents account for 0.2% of the population in Rayne, LA, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.9% | -9.7% |
% Black | 21.4% | 13.2% |
% Hispanic | 3.3% | 312.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | -33.3% |
Mortgage and Risk — Rayne, LA
According to HUD data as of 2023, there were 209 mortgage originations in Rayne, LA, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 87.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Rayne, LA. Investor activity is low, as 7.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 209 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Rayne, LA
Rayne, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 363 |
Total Units Section 8 | 105 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | $90 | $850 | $940 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | $300 | $1,280 | $1,580 |
Affordability — Rayne, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $169,000 |
| Median Household Income | $52,500 |