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Best Places to Rent

Louisiana

Average Rent

$1,168

+1% YoY

Rent Comparison

-28.4% 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

$1,293

Population

963,391

# of Rentals

1,883

Baton Rouge Metro Area

Average Rent

$1,118

Population

877,945

# of Rentals

1,396

Lafayette Metro Area

Average Rent

$1,179

Population

416,308

# of Rentals

558

Shreveport Metro Area

Average Rent

$979

Population

382,699

# of Rentals

433

Lake Charles Metro Area

Average Rent

$911

Population

235,466

# of Rentals

170

Monroe Metro Area

Average Rent

$1,070

Population

221,263

# of Rentals

99

Houma-Thibodaux Metro Area

Average Rent

$1,026

Population

198,869

# of Rentals

79

Alexandria Metro Area

Average Rent

$1,179

Population

148,157

# of Rentals

38

Hammond Metro Area

Average Rent

$1,045

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.