Average Rent in Louisiana

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Current Versus Historical Louisiana Rents

Louisiana rentals average $1,025 for a studio rental to $2,300 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $168 (-11.20%) year-over-year from $1,501 to $1,333. 1-bedroom rentals prices have decreased by $282 (-20.50%) year-over-year from $1,377 to $1,095. 2-bedroom rentals prices have decreased by $72 (-5.66%) year-over-year from $1,267 to $1,195. 3-bedroom rentals prices have increased by $133 (8.79%) year-over-year from $1,517 to $1,650. 4-bedroom rentals prices have increased by $200 (9.52%) year-over-year from $2,100 to $2,300. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 13.68% this month. 1-bedroom rents have gone down by 9.80% this month. 2-bedroom rents have gone up by 2.87% this month. 3-bedroom rents have gone up by 4.21% this month. 4-bedroom rents have gone up by 13.58% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.00 $1,333 $1,501 (-11.20%) $1,218 (9.43%)
1 BR $1.66 $1,095 $1,377 (-20.50%) $1,330 (-17.67%)
2 BR $1.25 $1,195 $1,267 (-5.66%) $1,340 (-10.82%)
3 BR $1.14 $1,650 $1,517 (8.79%) $1,383 (19.35%)
4+ BR $1.12 $2,300 $2,100 (9.52%) $1,748 (31.55%)

Historical Rents in Louisiana

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Louisiana

There are a total of 50 cities nearby Louisiana. The average rent in Louisiana is currently $1,759 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Shreveport, LA, with an average rent of $850, is the most affordable city nearby. In contrast, the most expensive city near Louisiana is Frisco, TX. Monthly rents here are on average $2,800 per month.

Let's compare Louisiana's rent against other top cities nearby by bedroom size. Typically, rent for studios in Louisiana is 1.80% more affordable than other cities nearby. One bedrooms are about 3.25% more expensive. Two bedrooms in Louisiana are about 8.43% more affordable. Finally, rent for three bedrooms are about 12.12% more affordable. Want more information? Check out the top 10 cities out of 50 total cities near Louisiana in the following chart.
City Studio 1 Bed 2 Bed All
Shreveport, LA $825 $700 $785 $850
Lake Charles, LA $645 $750 $898 $898
Lafayette, LA $423 $775 $1,050 $1,175
Little Rock, AR $1,800 $900 $895 $1,195
Bossier City, LA $1,675 $688 $973 $1,225
Montgomery, AL N/A $800 $860 $1,300
Conroe, TX N/A $1,100 $1,375 $1,650
Tyler, TX $1,748 $927 $1,450 $1,695
Houston, TX $1,224 $1,289 $1,710 $1,800
New Orleans, LA $950 $1,598 $1,738 $1,900

Top Neighborhoods Near Louisiana

There are a total of 30 neighborhoods in or near Louisiana. Some of these neighborhoods include Greater Greenspoint, Old East Dallas, and Westchase. We've included all of these top 30 neighborhoods in or near Louisiana in the following chart.

The average rent for these 30 neighborhoods in or near Louisiana is currently around $1,803 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $1,803. Interestingly, the neighborhoods' average rent is higher than Louisiana's average rent, which is only $1,450. Out of all the neighborhoods in or near Louisiana, Greater Greenspoint has the most affordable average rent at $945 per month. Whereas, at $3,425 average rent per month, Downtown Austin is the most expensive neighborhood in or near Louisiana. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Greater Greenspoint, Houston, TX $1,015 $749 $958 $945
Old East Dallas, Dallas, TX $4,325 $1,250 $1,700 $1,300
Westchase, Houston, TX $846 $1,083 $1,399 $1,307
Central City, Corpus Christi, TX $1,500 $825 $995 $1,350
Clear Lake, Houston, TX N/A $1,038 $1,375 $1,362
Astrodome, Houston, TX N/A $1,000 $1,550 $1,399
Greater Fondren Southwest, Houston, TX N/A $866 $1,250 $1,400
Lake Highlands, Dallas, TX $609 $1,125 $1,475 $1,448
Woodlake - Briar Meadow, Houston, TX $787 $1,129 $1,600 $1,550
Braeswood Place, Houston, TX $1,078 $1,354 $1,999 $1,591
Bay Area, Corpus Christi, TX $1,400 $1,150 $1,250 $1,597
Eldridge - West Oaks, Houston, TX $897 $1,134 $1,581 $1,672
Greenway - Upper Kirby, Houston, TX $1,351 $1,376 $2,000 $1,695
Southbelt - Ellington, Houston, TX $5,350 $871 $1,176 $1,750
Spring Branch West, Houston, TX N/A $1,119 $1,449 $1,800
Neartown - Montrose, Houston, TX $1,104 $1,450 $2,350 $1,805
Great Uptown, Houston, TX $1,376 $1,491 $1,955 $1,853
South Side, Corpus Christi, TX $2,819 $1,150 $1,298 $1,950
Energy Corridor, Houston, TX $965 $1,093 $2,205 $1,950
Grogan's Mill, The Woodlands, TX N/A $1,298 $1,794 $2,100
Padre Island, Corpus Christi, TX $1,800 $1,388 $1,900 $2,198
Briarforest, Houston, TX $833 $1,200 $2,235 $2,200
Washington Avenue - Memorial Park, Houston, TX $1,348 $1,564 $2,240 $2,232
Memorial, Houston, TX $1,303 $1,494 $2,275 $2,249
Downtown Houston, Houston, TX $1,531 $1,910 $3,188 $2,423
Greater Heights, Houston, TX $1,353 $1,395 $2,250 $2,475
Midtown, Atlanta, GA $1,470 $2,000 $2,750 $2,500
The Museum District, Houston, TX $1,208 $1,869 $2,222 $2,624
Oak Lawn, Dallas, TX $1,650 $2,052 $3,800 $3,052
Downtown Austin, Austin, TX $1,750 $2,750 $3,500 $3,425

Top Counties Near Louisiana

There are a total of 30 counties located by Louisiana. Some of these counties include Caddo, LA, Calcasieu, LA, and Jefferson, TX. The average rent for rentals in these counties is $1,799. That's roughly around $1 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Caddo, LA. It's average rent per month is $850. Vice versa, with an average rent of $2,590, Denton, TX is the most expensive county by Louisiana.

Typically, rent for studios in Louisiana is 7.32% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Louisiana is 2.55% more affordable than other counties nearby. Finally, rent for two bedrooms in Louisiana is 11.24% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Caddo, LA $825 $700 $795 $850
Calcasieu, LA $250 $715 $895 $950
Jefferson, TX $268 $679 $963 $1,100
Lafayette, LA $695 $700 $1,023 $1,250
Galveston, TX $875 $1,100 $1,497 $1,600
Escambia, FL $1,050 $1,150 $1,300 $1,798
Harris, TX $1,224 $1,252 $1,650 $1,898
Orleans, LA $950 $1,598 $1,738 $1,900
Okaloosa, FL N/A $1,525 $1,613 $1,950
Santa Rosa, FL N/A $1,025 $1,638 $2,000

Top Zipcodes Near Louisiana

There are a total of 47 zipcodes in or near Louisiana. The average rent for all of these zipcodes is $2,103. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 35205, Birmingham, AL at $1,005 per month. In comparison, the zipcode with the most expensive average rent of $3,850 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,175. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Louisiana is $1,095 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,991 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Louisiana. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75001, Addison, TX $1,267 $1,459 $2,168 $1,520
75034, Frisco, TX $2,350 $1,342 $2,225 $2,500
76179, Fort Worth, TX $1,306 N/A $1,673 $2,249
75071, Anna, TX $2,161 $1,732 $2,314 $2,500
75070, McKinney, TX $1,451 $1,610 $2,300 $2,700
75068, Pilot Point-Aubrey, TX $2,695 N/A $2,273 $2,495
76227, Pilot Point-Aubrey, TX $1,700 N/A $2,225 $2,400
78130, New Braunfels, TX N/A $900 $1,800 $2,125
75219, Dallas, TX $1,650 $1,400 $2,400 $2,050
75204, Dallas, TX $1,700 $1,500 $2,950 $2,500

Frequently Asked Questions - Louisiana Average Rents

What is the average rent price in Louisiana?
The average monthly rental price for Louisiana apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Louisiana rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Louisiana.
How much is a studio apartment in Louisiana?
The average monthly rental price for studio apartments is $1,025 and an average price per square feet of $1.00. There are a total of 60 studio apartment listings currently available for rent in Louisiana.
How much is a one bedroom apartment in Louisiana?
The average monthly rental price for one bedroom apartments is $1,000 and an average price per square feet of $1.66. There are a total of 222 one bedroom apartment listings currently available for rent in Louisiana.
How much is a two bedroom apartment in Louisiana?
The average monthly rental price for two bedroom apartments is $1,245 and an average price per square feet of $1.25. There are a total of 512 two bedroom apartment listings currently available for rent in Louisiana.
How have rent prices in Louisiana changed this year?
Rent prices for rentals in Louisiana can fluctuate yearly. Specifically, studio rental prices have changed by -0.11%, one bedroom rental prices have changed by -0.20%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in Louisiana?
A reasonable rent price in Louisiana is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.
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