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Best Places to Rent

Louisiana

Average Rent

$1,183

+1% YoY

Rent Comparison

-27.5% 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

$1,333

Population

963,391

# of Rentals

1,857

Baton Rouge Metro Area

Average Rent

$1,157

Population

877,945

# of Rentals

1,245

Lafayette Metro Area

Average Rent

$1,199

Population

416,308

# of Rentals

535

Shreveport Metro Area

Average Rent

$971

Population

382,699

# of Rentals

499

Lake Charles Metro Area

Average Rent

$870

Population

235,466

# of Rentals

216

Monroe Metro Area

Average Rent

$1,030

Population

221,263

# of Rentals

93

Houma-Thibodaux Metro Area

Average Rent

$996

Population

198,869

# of Rentals

64

Alexandria Metro Area

Average Rent

$1,208

Population

148,157

# of Rentals

38

Hammond Metro Area

Average Rent

$1,033

Population

140,062

# of Rentals

57

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.