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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 November 2026, Louisiana's rental market is stable, with rentals spending about 29 days on the market, about the same as in the U.S. (29), and rents up 0.5% over the past year. Louisiana's average rent is 27.3% ($556) lower than the U.S. average of $2,036.

Average Rent
$1,480
Monthly ChangeMonth Over Month Change
Decreased0.39% ($6)
Yearly ChangeYear Over Year Change
Increased0.5% ($8)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,253 Decreased0.02% Decreased2.3% ($30)
2 Beds $1,352 Decreased0.68% ($9) Increased1.0% ($13)
3 Beds $1,688 Decreased0.35% ($6) Increased2.4% ($40)
Top Markets in Louisiana Average Rent Avg. Rent vs. LAAverage Rent vs. Louisiana Days on Market
New Orleans $1,803 Increased21.8% ($323) 27 days
Baton Rouge $1,335 Decreased9.8% ($145) 37 days
Shreveport $1,083 Decreased26.8% ($397) 31 days
Lafayette $1,299 Decreased12.2% ($181) 41 days
Bossier City $1,450 Decreased2.0% ($30) 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 $1,480 per month.
In Louisiana, the average rent is $1,253 per month for a 1-bedroom home, $1,352 for a 2-bedroom home and $1,688 for a 3-bedroom home.
The average rent in Louisiana is 27.3% ($556) lower than the national average of $2,036 per month.
The rental market in Louisiana is currently stable, with rentals spending about 29 days on the market, about the same as in the U.S. (29), and rents up 0.5% over the past year.
Based on the current averages, a household would need an annual income of $54,100 to comfortably afford a 2-bedroom home in Louisiana.
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