Housing Market in Louisiana

Compare median home prices, monthly mortgages, and rent-vs-own ratios across 4 cities.

Avg Home Price

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Monthly Mortgage

$---

vs. National

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below average

Cities Tracked

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Home Price Landscape

Zillow ZHVI

Median home values by city. Dashed line = national average ($467,370).

$239,751

$224,899

$219,057

$134,461

City	Median Price	Mortgage/mo	Rent vs Own
New Orleans	$239,751	$1,276	1.27
Baton Rouge	$224,899	$1,197	1.10
Lafayette	$219,057	$1,166	1.10
Shreveport	$134,461	$716	1.63

Zillow ZHVI — Zillow Home Value Index provides smoothed, seasonally-adjusted median home values per metro area.

Mortgage Model — 20% down, 7% 30-yr fixed. Property taxes, insurance, HOA are not included. Use as directional guidance only.

Rent vs Own Ratio — Monthly rent ÷ mortgage. Below 0.8 → buying favored. Above 1.2 → renting favored.

Updated monthly · March 2026

Crunching costs, sorting signals, rendering insights.