Rental Market in
Louisiana

Median rents, affordability ratios, and city-by-city breakdowns across 4 metro areas.

State Average Rent

$---

-28.9% vs national

Lowest Rent

$---

Shreveport

Highest Rent

$---

New Orleans

Avg Rent-to-Income

---%of annual income

Rent Landscape

New Orleans

$1,625

35% income

Baton Rouge

$1,312

32% income

Lafayette

$1,279

25% income

Shreveport

$1,170

29% income

<30% Affordable 30-40% Stretched >40% Unaffordable National avg

All Cities

City	Median Rent	Affordability	Population
New Orleans	$1,625	35.2%	364,136
Baton Rouge	$1,312	31.5%	219,573
Lafayette	$1,279	25.0%	121,467
Shreveport	$1,170	29.0%	177,959

Affordability Breakdown

Affordable (<30%)2

Stretched (30–40%)2

Unaffordable (>40%)0

Most Affordable

1.Shreveport$1,170 2.Lafayette$1,279 3.Baton Rouge$1,312 4.New Orleans$1,625

Most Expensive

1.New Orleans$1,625 2.Baton Rouge$1,312 3.Lafayette$1,279 4.Shreveport$1,170

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Housing Market Cost of Living Salaries

Data Sources & Methodology

Rent Data: According to Zillow ZORI (Zillow Observed Rent Index), the industry standard for median asking rent data.

Income Data: According to U.S. Census Bureau ACS 2023, table B19013 — median household income.

Affordability: Calculated as (Monthly Rent × 12) ÷ Annual Income × 100%. The 30% threshold is the HUD standard.

Updated monthly

Last refresh: Mar 20, 2026

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Rental Market inLouisiana

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Rental Market inLouisiana

Rental Market in
Louisiana

Rental Market in
Louisiana