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Best Places to Rent

Louisiana

Average Rent

$1,174

+0.9% YoY

Rent Comparison

-27.8% Lower

than national average

Population

4.59 Million

in 2022

The state of Louisiana is comprised of 10 metropolitan areas with a total population of 4,594,098. Explore Louisiana’s metro areas and compare key metrics.

New Orleans Metro Area

Average Rent

$1,299

Population

959,549

# of Rentals

1,610

Baton Rouge Metro Area

Average Rent

$1,123

Population

886,254

# of Rentals

1,397

Lafayette Metro Area

Average Rent

$1,170

Population

422,907

# of Rentals

495

Shreveport Metro Area

Average Rent

$1,052

Population

382,080

# of Rentals

448

Slidell-Mandeville-Covington Metro Area

Average Rent

$1,271

Population

280,135

# of Rentals

221

Lake Charles Metro Area

Average Rent

$977

Population

243,287

# of Rentals

99

Monroe Metro Area

Average Rent

$1,055

Population

221,211

# of Rentals

105

Houma-Thibodaux Metro Area

Average Rent

$1,067

Population

197,409

# of Rentals

84

Alexandria Metro Area

Average Rent

$1,015

Population

147,288

# of Rentals

57

Hammond Metro Area

Average Rent

$1,044

Population

141,290

# of Rentals

61

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

This information is based on data collected by CoStar Group researchers.