Best Places to Rent

Louisiana

Average Rent

$1,221

+1.7% YoY

Rent Comparison

26.7% Lower

than national average

Population

4.59 Million

in 2022

Metro Areas

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 $1,286
Population 959,549
# of Rentals 1,020
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Baton Rouge Metro Area

Average Rent $1,255
Population 886,254
# of Rentals 1,118
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Lafayette Metro Area

Average Rent $1,049
Population 422,907
# of Rentals 311
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Shreveport Metro Area

Average Rent $1,072
Population 382,080
# of Rentals 372
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Slidell-Mandeville-Covington Metro Area

Average Rent $1,338
Population 280,135
# of Rentals 117
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Lake Charles Metro Area

Average Rent $1,354
Population 243,287
# of Rentals 126
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Monroe Metro Area

Average Rent $1,481
Population 221,211
# of Rentals 19
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Houma-Thibodaux Metro Area

Average Rent $1,060
Population 197,409
# of Rentals 100
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Alexandria Metro Area

Average Rent $1,122
Population 147,288
# of Rentals 27
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Hammond Metro Area

Average Rent $1,228
Population 141,290
# of Rentals 44
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Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

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Louisiana

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