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Best Places to Rent

Louisiana

Average Rent

$1,182

+0.8% YoY

Rent Comparison

-28.1% 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

$1,262

Population

959,549

# of Rentals

1,560

Baton Rouge Metro Area

Average Rent

$1,134

Population

886,254

# of Rentals

1,148

Lafayette Metro Area

Average Rent

$1,139

Population

422,907

# of Rentals

431

Shreveport Metro Area

Average Rent

$1,087

Population

382,080

# of Rentals

372

Slidell-Mandeville-Covington Metro Area

Average Rent

$1,245

Population

280,135

# of Rentals

239

Lake Charles Metro Area

Average Rent

$1,213

Population

243,287

# of Rentals

133

Monroe Metro Area

Average Rent

$1,123

Population

221,211

# of Rentals

79

Houma-Thibodaux Metro Area

Average Rent

$1,109

Population

197,409

# of Rentals

74

Alexandria Metro Area

Average Rent

$1,206

Population

147,288

# of Rentals

28

Hammond Metro Area

Average Rent

$1,230

Population

141,290

# of Rentals

45

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.