Rental Market Trends in Louisiana
Updated July 2026
$1,071/month
Average Rent
+1.6%
Increase in the Last Year
+$17
Average Price Increase
Ranked 9th
Least Expensive Rent by State
14,544
Available Rentals
Monroe, LA
City with the Lowest Rent
What is the average rent in Louisiana?
As of July 2026, the average rent in Louisiana is $1,071/month. When you rent an apartment in Louisiana, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $951 per month for a studio, $1,071 for a one-bedroom apartment, and around $1,251 for a two-bedroom apartment in Louisiana. If you opt for a three-bedroom rental, you could pay $1,470 or more.
Rent by City
What are the most affordable cities in Louisiana?
Based on current rent prices, the cheapest cities in Louisiana to live are Monroe, Shreveport and Bossier City.
What are the most expensive cities in Louisiana?
Based on current rent prices, the most expensive cities in Louisiana to live are Marrero, New Orleans and Prairieville.
Nearby State Markets
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
State graphics provided by ProPublica
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