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Best Places to Rent

Louisiana

Average Rent

$1,170

+1% YoY

Rent Comparison

-28.0% Lower

than national average

Population

4.58 Million

in 2022

The state of Louisiana is comprised of 10 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

$1,317

Population

963,391

# of Rentals

1,734

Baton Rouge Metro Area

Average Rent

$1,112

Population

877,945

# of Rentals

1,485

Lafayette Metro Area

Average Rent

$1,166

Population

416,308

# of Rentals

505

Shreveport Metro Area

Average Rent

$999

Population

382,699

# of Rentals

492

Slidell-Mandeville-Covington Metro Area

Average Rent

$1,274

Population

278,825

# of Rentals

243

Lake Charles Metro Area

Average Rent

$942

Population

235,466

# of Rentals

159

Monroe Metro Area

Average Rent

$1,046

Population

221,263

# of Rentals

107

Houma-Thibodaux Metro Area

Average Rent

$1,053

Population

198,869

# of Rentals

88

Alexandria Metro Area

Average Rent

$998

Population

148,157

# of Rentals

76

Hammond Metro Area

Average Rent

$1,102

Population

140,062

# of Rentals

56

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.