Baton Rouge Louisiana Residential Rent and Rental Statistics
The median monthly gross residential rent in Baton Rouge, LA (the Baton Rouge metro area) was $911 in 2019 according to the Census ACS survey.1 Average gross rent in Baton Rouge was $850 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Baton Rouge median and average rent data will be released in September of 2021.
Data is also available below for Baton Rouge rental vacancy rates, Baton Rouge rent as a percent of median income and the fraction of renters in Baton Rouge.
Real Gross Rent in Baton Rouge Louisiana (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Louisiana Median Gross Rent | $866 | -0.35% | +2.36% |
| Baton Rouge, LA Median Gross Rent | $911 | -2.25% | +0.66% |
Baton Rouge, LA Real Gross Rent Trends
Median gross rent for Baton Rouge peaked in real terms in 2018 at $932 and is now $21 (2.25%) lower. Average gross rent for Baton Rouge peaked in real terms in 2018 at $923 and is now $73 (7.91%) lower.
Real Gross Rent in Baton Rouge: Baton Rouge LA Median, Baton Rouge LA Average, Louisiana Median, US Median
Real Gross Rent History for Baton Rouge
| Date | US Median |
Louisiana Median |
Baton Rouge, LA Median |
Baton Rouge, LA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $866 | $911 | $850 |
| 2018 | $1,077 | $869 | $932 | $923 |
| 2017 | $1,043 | $862 | $922 | $886 |
| 2016 | $1,027 | $846 | $905 | $895 |
| 2015 | $1,017 | $849 | $902 | $883 |
| 2014 | $986 | $846 | $876 | $872 |
| 2013 | $953 | $803 | $818 | $833 |
| 2012 | $940 | $795 | $838 | $834 |
| 2011 | $941 | $807 | $846 | $837 |
| 2010 | $955 | $822 | $845 | $839 |
| 2009 | $960 | $815 | $839 | $826 |
| 2007 | $927 | $765 | $801 | $740 |
| 2005 | $910 | $711 | $778 | $748 |
Baton Rouge Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Baton Rouge Louisiana was 11.04% according to Census ACS data.
Rental Vacancy Rate in Baton Rouge Louisiana
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Louisiana | 8.34% | -0.37% | -0.10% |
| Baton Rouge, LA | 11.04% | +0.44% | +2.62% |
Trends in Baton Rouge, LA Rental Vacancy Rate
The rental vacancy rate in Baton Rouge peaked in 2005 at 11.21%. Since then it has fallen by 0.17% to 11.04%. Data records for this series originated in 2005. From a 2006 post peak low of 4.14%, the rental vacancy rate has increased by 6.90%.
Rental Vacancy Rate: Baton Rouge LA, Louisiana, US
Historical Rental Vacancy Rate data for Baton Rouge
| Date | US | Louisiana | Baton Rouge, LA |
|---|---|---|---|
| 2019 | 5.97% | 8.34% | 11.04% |
| 2018 | 6.15% | 8.71% | 10.60% |
| 2017 | 6.18% | 8.74% | 7.29% |
| 2016 | 5.89% | 8.44% | 8.42% |
| 2015 | 5.85% | 8.30% | 9.90% |
| 2014 | 6.32% | 8.36% | 6.57% |
| 2013 | 6.49% | 7.64% | 8.28% |
| 2012 | 6.77% | 8.55% | 7.96% |
| 2011 | 7.40% | 8.15% | 9.02% |
| 2010 | 8.17% | 8.98% | 8.77% |
| 2009 | 8.43% | 8.19% | 7.37% |
| 2007 | 7.87% | 7.18% | 6.20% |
| 2005 | 7.74% | 7.89% | 11.21% |
Rent as a Fraction of Income
Using median household income data for Baton Rouge, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Baton Rouge, median monthly gross rent as a fraction of median household income was 18.00% in 2019 according to the ACS.
Baton Rouge Louisiana Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Louisiana | 20.35% | -1.04% | -1.13% |
| Baton Rouge, LA | 18.00% | -0.99% | -1.76% |
Trends in Baton Rouge, LA Rent as a Fraction of Income
The fraction of median Baton Rouge household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 19.75%. Since then it has fallen by 1.76% to 18.00%.
Fraction of Income towards Rent: Baton Rouge LA, Louisiana, US
Historical Data for Annual Rent as a Fraction of Income in Baton Rouge Louisiana
| Date | US | Louisiana | Baton Rouge, LA |
|---|---|---|---|
| 2019 | 20.03% | 20.35% | 18.00% |
| 2018 | 20.50% | 21.39% | 18.98% |
| 2017 | 20.13% | 21.74% | 18.69% |
| 2016 | 20.43% | 21.48% | 19.75% |
| 2015 | 20.63% | 20.99% | 18.62% |
| 2014 | 20.89% | 21.57% | 19.12% |
| 2013 | 20.78% | 20.73% | 18.23% |
| 2012 | 20.65% | 20.87% | 18.80% |
| 2011 | 20.70% | 21.48% | 19.40% |
| 2010 | 20.50% | 20.78% | 18.78% |
| 2009 | 20.12% | 20.19% | 18.47% |
| 2007 | 18.66% | 19.09% | 18.33% |
| 2005 | 18.89% | 18.59% | 18.25% |
Renter Fraction in Baton Rouge Louisiana
You can calculate the renter fraction in Baton Rouge in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Baton Rouge as a fraction of total Baton Rouge households. In 2019 30.30% of households were renters according to Census ACS data.
Baton Rouge Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Louisiana | 33.51% | -1.01% | -2.23% |
| Baton Rouge, LA | 30.30% | -0.93% | -3.15% |
Trends in the Baton Rouge, LA Renter Fraction
The Baton Rouge household renter fraction peaked in in 2014 at 34.42% and is now 4.12% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Baton Rouge LA, Louisiana, US
History of Baton Rouge Renter Fraction
| Date | US | Louisiana | Baton Rouge, LA |
|---|---|---|---|
| 2019 | 35.89% | 33.51% | 30.30% |
| 2018 | 36.05% | 34.52% | 31.23% |
| 2017 | 36.13% | 34.82% | 32.04% |
| 2016 | 36.88% | 35.74% | 33.45% |
| 2015 | 36.97% | 35.42% | 30.51% |
| 2014 | 36.90% | 35.58% | 34.42% |
| 2013 | 36.50% | 34.03% | 32.06% |
| 2012 | 36.09% | 34.27% | 32.45% |
| 2011 | 35.42% | 33.57% | 30.56% |
| 2010 | 34.65% | 32.45% | 30.85% |
| 2009 | 34.13% | 32.08% | 32.24% |
| 2007 | 32.80% | 32.06% | 31.03% |
| 2005 | 33.10% | 32.19% | 30.44% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
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