Average Rent in Louisiana: $1,284/mo (2026)

Find fair market rent prices for 3 major metro areas in Louisiana. The average 2-bedroom rent across the state is $1,284/mo.

$916
Avg. Studio
$1,071
Avg. 1BR
$1,284
Avg. 2BR
$1,652
Avg. 3BR
3
Cities Tracked
$1,200
Lowest 2BR Rent
$1,331
Highest 2BR Rent

Major Cities in Louisiana

Sorted by 2-bedroom rent price (highest to lowest)

1
New Orleans, LA
Studio: $964 | 1BR: $1,113 | 3BR: $1,701
$1,331/mo2BR
2
Baton Rouge, LA
Studio: $935 | 1BR: $1,100 | 3BR: $1,705
$1,320/mo2BR
3
Lafayette, LA
Studio: $850 | 1BR: $1,000 | 3BR: $1,550
$1,200/mo2BR

Explore Louisiana Rent Data

Browse detailed rent prices for cities across Louisiana. Each city page includes neighborhood breakdowns, rent trends, and local market insights.

New Orleans Rent PricesBaton Rouge Rent PricesLafayette Rent Prices

Louisiana Rental Market Overview

The fair market rent (FMR) data for Louisiana is published annually by the U.S. Department of Housing and Urban Development (HUD). These figures represent the 40th percentile of gross rents for standard quality rental housing in each metro area.

Louisiana has 3 major metropolitan areas tracked in our database. The most expensive city for renters is New Orleans, LA with an average 2-bedroom rent of $1,331/mo, while the most affordable is Lafayette, LA at $1,200/mo.

What Affects Rent Prices in Louisiana?

  • Location: Proximity to employment centers and urban amenities significantly impacts rent prices across Louisiana metros.
  • Local Economy: Job growth and industry presence drive rental demand. Strong employment markets typically have higher rents.
  • Housing Supply: Areas with new construction tend to have more rental options and potentially competitive pricing.
  • Schools: Quality school districts command premium rents, especially for family-sized apartments.
  • Transportation: Access to highways and public transit affects neighborhood desirability and pricing.

Frequently Asked Questions About Louisiana Rent

What is the average rent in Louisiana?

The average rent in Louisiana is $1,284 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,200 in Lafayette to $1,331 in New Orleans.

What is the cheapest city to rent in Louisiana?

Lafayette, LA offers the most affordable rent among major Louisiana metros at $1,200/month for a 2-bedroom apartment. Studios in Lafayette average $850/month.

What is the most expensive city to rent in Louisiana?

New Orleans, LA has the highest rents in Louisiana at $1,331/month for a 2-bedroom apartment. This is $47 above the state average.

How much do I need to earn to rent in Louisiana?

To comfortably afford the average Louisiana 2-bedroom at $1,284/month, you would need an annual income of approximately $51,360 (based on the 30% of income guideline). For the most affordable areas, you would need about $48,000/year.

Is Louisiana affordable for renters?

Yes, Louisiana is generally affordable for renters compared to national averages. With average 2-bedroom rents at $1,284/month, the state offers good value for many budget-conscious renters.

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