A typical Elizabeth home is worth roughly $68,000
Builders were permitted 2 new homes in 2025.
What kind of housing town is Elizabeth?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Elizabeth
Try your own numbers below.
That covers a typical Elizabeth home, with $182K to spare.
A two-bedroom rents for about $1,180 a month here, $790 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Louisiana typical property tax (0.55% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,180
Renters already here pay a median of $790, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Allen Parish, LA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Elizabeth in 2025, all single-family houses. Over the past 10 years, Elizabeth has permitted 6 homes in all.
Between the 2010 and 2020 censuses, Elizabeth's population fell by 115 even though 11 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Louisiana: 0.9 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $592,000 |
| 2024 | 1 | 1 | 0 | $303,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 3 | 3 | 0 | $466,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 4 | 4 | 0 | $1.6 million |
| 2012 | 2 | 2 | 0 | $800,000 |
| 2011 | 3 | 3 | 0 | $1.2 million |
| 2010 | 2 | 2 | 0 | $800,000 |
| 2009 | 2 | 2 | 0 | $800,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 2 | 2 | 0 | $225,000 |
| 2006 | 2 | 2 | 0 | $194,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 1 | 1 | 0 | $60,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
53% of Elizabeth households own their home
Half of Elizabeth’s homes were built before 1978.
Louisiana: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Elizabeth buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.