Bernice, Union Parish, LA

Median Home Price Price

$106,344 $106.3K

Median Monthly Rent Rent

$759 $759

12.0x

Market Snapshot

Bernice, Union Parish, LA is a city market with a median home price of $106,344, a median monthly rent of $759, a GRM of 12.0x, and a price-to-rent ratio of 11.7.

More markets to explore

Top recommendation Nearby alternative Lower GRM Higher rent
High confidence
Price $109.9K
Rent $1.1K
GRM 9.0x
Explore the data
Region Show
Spearsville
$110K $1.1K 9.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$102K $529 16.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$138K $696 17.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Bernice

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Benchmark comparison

Rent in Bernice, LA is 28.1% lower than Spearsville, LA.

Bernice, LA
Spearsville, LA
Delta
Median rent
$759
$1,056
+$297
Median price
$106,344
$109,895
+$3,551
YoY change
-$7
+$65
+$72
Price-to-rent
11.7x
8.7x
-3.0x

Key takeaways

  • Bernice, Union Parish, LA has a lower-grm screening profile: At 12.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent is down about $7 year over year, so use alternatives to test whether the trend is market-specific.
  • Rent in Bernice, LA is 28.1% lower than Spearsville, LA.