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:
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% | - |
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:
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:
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:
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Median Rent: $1,287
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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.
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