city image

Best Places to Rent

Louisiana

Average Rent

$1,191

+1.6% YoY

Rent Comparison

-27.4% Lower

than national average

Population

4.58 Million

in 2022

The state of Louisiana is comprised of 9 metropolitan areas with a total population of 4,581,793. Explore Louisiana’s metro areas and compare key metrics.

New Orleans Metro Area

Average Rent

$1,345

Population

963,391

# of Rentals

1,884

Baton Rouge Metro Area

Average Rent

$1,139

Population

877,945

# of Rentals

1,461

Lafayette Metro Area

Average Rent

$1,212

Population

416,308

# of Rentals

525

Shreveport Metro Area

Average Rent

$1,003

Population

382,699

# of Rentals

450

Lake Charles Metro Area

Average Rent

$830

Population

235,466

# of Rentals

220

Monroe Metro Area

Average Rent

$994

Population

221,263

# of Rentals

89

Houma-Thibodaux Metro Area

Average Rent

$1,054

Population

198,869

# of Rentals

64

Alexandria Metro Area

Average Rent

$1,150

Population

148,157

# of Rentals

34

Hammond Metro Area

Average Rent

$1,064

Population

140,062

# of Rentals

49

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.