Average Rent In Louisiana For January 2024
Average Rent
What is the average rent in Louisiana?
The average rent in Louisiana for January 2024 is $1,048, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Louisiana is $1,046. The average rent of a 1-bedroom apartment in Louisiana is $889.
Compared to the national average of $1,379, Louisiana rent costs -24.0% less. Read our analysis of rents by state to see how Louisiana ranks.
Here's a look at how average rents have changed over time:
How Does Louisiana Rent Compare To The Rest Of The Country?
| Statistic | LA | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,048 | $1,379 | -24.0% |
| M-o-M Change | -$8 | -$11 | -27.3% |
| Y-o-Y Change | $9 | -$14 | -164.3% |
| M-o-M % Change | -0.8% | -0.8% | - |
| Y-o-Y % Change | 0.9% | -1.0% | - |
Median Rent By Bedrooms In Louisiana
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Louisiana increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Louisiana clocking in at $889, while a 2-bedroom rental will set you back $1,046 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $523/room/month.
Read on to find out more or for more on Louisiana check out:
- Best Places To Live In Louisiana
- Cheapest Places To Live In Louisiana
- Most Dangerous Places In Louisiana
Month Over Month Louisiana Rent Statistics
M-o-M Increase
M-o-M Increase
Louisiana has experienced a -$8 change in rent over the past month going from $1,056 to $1,048. That change comes out to -0.8%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Louisiana:
Year Over Year Louisiana Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Louisiana changed $9 from $1,039 to $1,048. A change of $9 means that rents changed 0.9% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Louisiana:
The 10 Places With The Highest Rent In Louisiana
Population: 11,950
Median Rent: $1,287
More on Youngsville: Data | Crime | Cost Of Living | Real Estate
Population: 16,879
Median Rent: $1,166
More on Zachary: Data | Crime | Cost Of Living | Real Estate
Population: 12,215
Median Rent: $1,135
More on Mandeville: Data | Crime | Cost Of Living | Real Estate
Population: 9,367
Median Rent: $1,102
More on Harahan: Data | Crime | Cost Of Living | Real Estate
Population: 27,755
Median Rent: $1,060
More on Slidell: Data | Crime | Cost Of Living | Real Estate
Population: 388,182
Median Rent: $1,020
More on New Orleans: Data | Crime | Cost Of Living | Real Estate
Population: 10,558
Median Rent: $1,019
More on Gonzales: Data | Crime | Cost Of Living | Real Estate
Population: 67,253
Median Rent: $1,010
More on Kenner: Data | Crime | Cost Of Living | Real Estate
Population: 67,511
Median Rent: $983
More on Bossier City: Data | Crime | Cost Of Living | Real Estate
Population: 13,694
Median Rent: $960
More on Baker: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In Louisiana
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.
