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Best Places to Rent

Louisiana

Average Rent

$1,169

+0.4% YoY

Rent Comparison

-28.7% 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

$1,313

Population

959,549

# of Rentals

1,577

Baton Rouge Metro Area

Average Rent

$1,106

Population

886,254

# of Rentals

1,543

Lafayette Metro Area

Average Rent

$1,154

Population

422,907

# of Rentals

493

Shreveport Metro Area

Average Rent

$1,039

Population

382,080

# of Rentals

439

Slidell-Mandeville-Covington Metro Area

Average Rent

$1,250

Population

280,135

# of Rentals

204

Lake Charles Metro Area

Average Rent

$994

Population

243,287

# of Rentals

103

Monroe Metro Area

Average Rent

$1,050

Population

221,211

# of Rentals

107

Houma-Thibodaux Metro Area

Average Rent

$1,089

Population

197,409

# of Rentals

72

Alexandria Metro Area

Average Rent

$1,062

Population

147,288

# of Rentals

43

Hammond Metro Area

Average Rent

$1,074

Population

141,290

# of Rentals

60

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.