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What to Know About

Living in Louisiana

Louisiana offers a fascinating blend of rich culture and history mixed with French, African, and American influences. The state is home to New Orleans, famous for its Mardi Gras celebrations, jazz music, and Creole cuisine. Immerse yourself in the state's rich heritage with visits to iconic landmarks like the Whitney Plantation and the Preserve Louisiana, or take advantage of the educational opportunities available at universities like Louisiana State University, Tulane University, Southern University, and A&M College. A mix of industries drives Louisiana's economy, including petrochemical production, shipping, and tourism.

The excitement never stops, from fishing in the Gulf of Mexico to hiking the trails of Kisatchie National Forest. You can also cheer on the New Orleans Saints (NFL) and New Orleans Pelicans (NBA) or catch thrilling college sports games. Discover famous attractions like the French Quarter, the Houmas House Plantation, and the USS Kidd Museum. The theater scene is thriving in Louisiana, with the New Orleans Ballet Association and Louisiana Philharmonic Orchestra located there.

Embrace the Pelican State and discover why Louisiana is a southern gem that shines bright. With its vibrant spirit and rich history, Louisiana promises a truly unforgettable experience, making it a great place to live.

Rental Market Trends

Louisiana

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As of October 2026, Louisiana's rental market is competitive, with rentals spending about 30 days on the market, faster than in the U.S. (33), and rents down 1.1% over the past year. Louisiana's average rent is 29.1% ($606) lower than the U.S. average of $2,082.

Average Rent
$1,476
Monthly ChangeMonth Over Month Change
Decreased0.62% ($9)
Yearly ChangeYear Over Year Change
Decreased1.1% ($16)
Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,221 Decreased0.36% ($4) Decreased5.1% ($66)
2 Beds $1,362 Decreased1.02% ($14) Decreased0.4% ($6)
3 Beds $1,662 Decreased0.30% ($5) Increased1.9% ($31)
Top Markets in Louisiana Average Rent Avg. Rent vs. LAAverage Rent vs. Louisiana Days on Market
New Orleans $1,913 Increased29.6% ($437) 32 days
Baton Rouge $1,357 Decreased8.1% ($119) 38 days
Shreveport $1,111 Decreased24.7% ($365) 30 days
Lafayette $1,250 Decreased15.3% ($226) 42 days
Bossier City $1,502 Increased1.8% ($26) 27 days
Based on rentals advertised on RentalSource in Louisiana.
Frequently Asked Questions
Louisiana Rental Market FAQs

Explore rental prices, market conditions, and affordability in Louisiana.

The average rent in Louisiana is $1,476 per month.
In Louisiana, the average rent is $1,221 per month for a 1-bedroom home, $1,362 for a 2-bedroom home and $1,662 for a 3-bedroom home.
The average rent in Louisiana is 29.1% ($606) lower than the national average of $2,082 per month.
The rental market in Louisiana is currently competitive, with rentals spending about 30 days on the market, faster than in the U.S. (33), and rents down 1.1% over the past year.
Based on the current averages, a household would need an annual income of $54,500 to comfortably afford a 2-bedroom home in Louisiana.
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