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Best Places to Rent

Louisiana

Average Rent

$1,182

+1.7% YoY

Rent Comparison

-28.9% 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

$1,235

Population

959,549

# of Rentals

1,541

Baton Rouge Metro Area

Average Rent

$1,158

Population

886,254

# of Rentals

1,006

Lafayette Metro Area

Average Rent

$1,156

Population

422,907

# of Rentals

351

Shreveport Metro Area

Average Rent

$1,085

Population

382,080

# of Rentals

428

Slidell-Mandeville-Covington Metro Area

Average Rent

$1,288

Population

280,135

# of Rentals

207

Lake Charles Metro Area

Average Rent

$1,279

Population

243,287

# of Rentals

146

Monroe Metro Area

Average Rent

$1,054

Population

221,211

# of Rentals

70

Houma-Thibodaux Metro Area

Average Rent

$1,120

Population

197,409

# of Rentals

72

Alexandria Metro Area

Average Rent

$1,081

Population

147,288

# of Rentals

43

Hammond Metro Area

Average Rent

$1,179

Population

141,290

# of Rentals

39

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.