Average Rent Prices in Louisiana (LA)
$1,0991
Average
$7811
Studio
$8461
1BR
$1,0311
2BR
$1,3321
3BR
$1,5041
4BR
🪄 RentalRealEstate Quick Answer
Louisiana’s average fair market rent is $1,099/month, ranking 1st among US states lowest rent prices and 29.18% below the $1,551 national average. This page covers Louisiana’s statewide rent averages by bedroom count, metro-area rent comparisons, and rent context versus neighboring states and national benchmarks.
As of 2026, the overall average fair market rent for a residential rental property in Louisiana is $1,099. Average rent prices in Louisiana sit below the national average rent of $1,551, in which Louisiana ranks as the as the 1st lowest rent among all 50 states and the 50th highest rent among all 50 states within the United States. In Louisiana’s large metropolitan areas such as New Orleans, LA, the average rent prices tend to be higher, while alternative areas such as Lafayette, LA, can provide more affordable options.
Louisiana (LA) National Rent Rankings
1st
Lowest Rent Among 50 States
50th
Highest Rent Among 50 States
Below
The National Rent Average
$453
Per Month Below National Rent Average
29.18%
Per Month Below National Rent Average
Average Rent Prices in Louisiana (LA) Visual Chart
Studio
A one-room unit with a private bathroom.
1BR
A unit that has a separate bathroom and a separate bedroom.
2BR
A unit that has two separate and distinct bedrooms.
3BR
A unit that has 3 separate and distinct bedrooms.
4BR
A unit that has 4 separate and distinct bedrooms.
Fair Market Rent
Gross rent estimate for a standard rental unit in a given market.
Average Rent Prices in Louisiana (LA) by Metro Area
| wdt_ID | Metro | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|---|
| 1 | Acadia Parish, LA HUD Metro FMR Area | 607 | 671 | 880 | 1055 | 1194 |
| 2 | Alexandria, LA MSA | 728 | 780 | 994 | 1342 | 1523 |
| 3 | Assumption Parish, LA HUD Metro FMR Area | 801 | 806 | 967 | 1345 | 1556 |
| 4 | Baton Rouge, LA HUD Metro FMR Area | 1032 | 1064 | 1204 | 1511 | 1943 |
| 5 | Hammond, LA MSA | 831 | 848 | 1099 | 1372 | 1455 |
| 6 | Houma-Bayou Cane-Thibodaux, LA MSA | 760 | 904 | 1102 | 1330 | 1459 |
| 7 | Iberville Parish, LA HUD Metro FMR Area | 747 | 790 | 866 | 1204 | 1453 |
| 8 | Jefferson Davis Parish, LA HUD Metro FMR Area | 601 | 664 | 871 | 1201 | 1461 |
| 9 | Lafayette, LA HUD Metro FMR Area | 779 | 898 | 1019 | 1301 | 1581 |
| 10 | Lake Charles, LA HUD Metro FMR Area | 921 | 928 | 1217 | 1459 | 1611 |
| 11 | Monroe, LA HUD Metro FMR Area | 765 | 793 | 1026 | 1319 | 1358 |
| 12 | Morehouse Parish, LA HUD Metro FMR Area | 631 | 636 | 834 | 1143 | 1172 |
| 13 | New Orleans-Metairie, LA HUD Metro FMR Area | 964 | 1113 | 1331 | 1701 | 1996 |
| 14 | Richland Parish, LA HUD Metro FMR Area | 754 | 759 | 944 | 1132 | 1344 |
| 15 | Shreveport-Bossier City, LA MSA | 870 | 982 | 1111 | 1458 | 1552 |
| 16 | Slidell-Mandeville-Covington, LA MSA | 990 | 1130 | 1331 | 1724 | 1996 |
| 17 | St. James Parish, LA HUD Metro FMR Area | 697 | 702 | 921 | 1281 | 1315 |
| 18 | Vermilion Parish, LA HUD Metro FMR Area | 580 | 761 | 834 | 1100 | 1104 |
| Metro | Studio | 1BR | 2BR | 3BR | 4BR |
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025.
Year-Over-Year Changes in Louisiana (LA) Rent Prices
0.72%
or
$8
Year-Over-Year Decrease
$1,1071
2025 Average Historical Rent Price
$1,0991
2026 Average Current Rent Price
$1,0911
2027 Projected Average Rent Price
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025, 2026, and estimated 2027 projection.
Louisiana (LA) Rental Real Estate Resources
Louisiana Rental Property Management
Louisiana rental property management focuses on handling tenant relations, property maintenance, and legal compliance to help property owners maximize their investment returns.
Louisiana Rental Property Insurance
Louisiana landlord insurance provides real estate investors with essential protection against financial losses caused by property damage, liability claims, loss of rental income, and other risks.
Louisiana Rental Property Loans
Louisiana rental property loans provide investors with financing options to purchase, refinance, or renovate properties in a state known for its vibrant cultural heritage and strong tourism-driven rental markets.
Louisiana Rental Agreements
Residential rental agreement templates for Louisiana provide a standardized way to outline the terms of a rental arrangement, including rent, lease duration, and tenant and landlord responsibilities.
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Louisiana (LA) Rent Price Calculators
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Average Rent Prices in Other US States 2026
Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:
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Rental Property Rent Payments
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1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Methodology
Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.
Data
Rent prices are based on aggregated data from one and/or several sources noted below:
Disclaimer
The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.