East Baton Rouge Parish Louisiana Residential Rent and Rental Statistics
The median monthly gross residential rent in East Baton Rouge Parish LA was $913 in 2019 according to the Census ACS survey.1 Average gross rent in East Baton Rouge Parish was $901 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 East Baton Rouge Parish median and average rent data will be released in September of 2021.
Data is also available below for East Baton Rouge Parish rental vacancy rates, East Baton Rouge Parish rent as a percent of median income and the fraction of renters in East Baton Rouge Parish.
Real Gross Rent in East Baton Rouge Parish 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% |
East Baton Rouge Parish LA Median Gross Rent | $913 | -2.25% | +0.22% |
East Baton Rouge Parish LA Real Gross Rent Trends
Median gross rent for East Baton Rouge Parish peaked in real terms in 2018 at $934 and is now $21 (2.25%) lower. Average gross rent for East Baton Rouge Parish peaked in real terms in 2018 at $981 and is now $80 (8.15%) lower.
Real Gross Rent: East Baton Rouge Parish LA Median, East Baton Rouge Parish LA Average, Louisiana Median, US Median
Real Gross Rent History for East Baton Rouge Parish
Date | US Median |
Louisiana Median |
East Baton Rouge Parish LA Median |
East Baton Rouge Parish LA Average |
---|---|---|---|---|
2019 | $1,097 | $866 | $913 | $901 |
2018 | $1,077 | $869 | $934 | $981 |
2017 | $1,043 | $862 | $930 | $954 |
2016 | $1,027 | $846 | $911 | $936 |
2015 | $1,017 | $849 | $922 | $952 |
2014 | $986 | $846 | $882 | $925 |
2013 | $953 | $803 | $830 | $881 |
2012 | $940 | $795 | $871 | $888 |
2011 | $941 | $807 | $878 | $917 |
2010 | $955 | $822 | $849 | $876 |
2009 | $960 | $815 | $848 | $878 |
2007 | $927 | $765 | $846 | $826 |
2005 | $910 | $711 | $810 | $821 |
East Baton Rouge Parish 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 East Baton Rouge Parish Louisiana was 10.93% according to Census ACS data.
Rental Vacancy Rate in East Baton Rouge Parish Louisiana
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Louisiana | 8.34% | -0.37% | -0.10% |
East Baton Rouge Parish LA | 10.93% | +0.01% | +2.05% |
Trends in East Baton Rouge Parish LA Rental Vacancy Rate
The rental vacancy rate in East Baton Rouge Parish peaked in 2005 at 12.97%. Since then it has fallen by 2.04% to 10.93%. Data records for this series originated in 2005. From a 2006 post peak low of 4.90%, the rental vacancy rate has increased by 6.03%.
Rental Vacancy Rate: East Baton Rouge Parish LA, Louisiana, US
Historical Rental Vacancy Rate data for East Baton Rouge Parish
Date | US | Louisiana | East Baton Rouge Parish LA |
---|---|---|---|
2019 | 5.97% | 8.34% | 10.93% |
2018 | 6.15% | 8.71% | 10.92% |
2017 | 6.18% | 8.74% | 7.32% |
2016 | 5.89% | 8.44% | 8.88% |
2015 | 5.85% | 8.30% | 9.10% |
2014 | 6.32% | 8.36% | 7.67% |
2013 | 6.49% | 7.64% | 9.54% |
2012 | 6.77% | 8.55% | 9.90% |
2011 | 7.40% | 8.15% | 8.21% |
2010 | 8.17% | 8.98% | 7.80% |
2009 | 8.43% | 8.19% | 8.05% |
2007 | 7.87% | 7.18% | 6.20% |
2005 | 7.74% | 7.89% | 12.97% |
Rent as a Fraction of Income
Using median household income data for East Baton Rouge Parish, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For East Baton Rouge Parish, median monthly gross rent as a fraction of median household income was 19.41% in 2019 according to the ACS.
East Baton Rouge Parish 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% |
East Baton Rouge Parish LA | 19.41% | -1.38% | -1.26% |
Trends in East Baton Rouge Parish LA Rent as a Fraction of Income
The fraction of median East Baton Rouge Parish household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 21.42%. Since then it has fallen by 2.01% to 19.41%.
Fraction of Income towards Rent: East Baton Rouge Parish LA, Louisiana, US
Historical Data for Annual Rent as a Fraction of Income in East Baton Rouge Parish Louisiana
Date | US | Louisiana | East Baton Rouge Parish LA |
---|---|---|---|
2019 | 20.03% | 20.35% | 19.41% |
2018 | 20.50% | 21.39% | 20.78% |
2017 | 20.13% | 21.74% | 19.56% |
2016 | 20.43% | 21.48% | 20.67% |
2015 | 20.63% | 20.99% | 20.64% |
2014 | 20.89% | 21.57% | 21.42% |
2013 | 20.78% | 20.73% | 19.51% |
2012 | 20.65% | 20.87% | 20.49% |
2011 | 20.70% | 21.48% | 21.05% |
2010 | 20.50% | 20.78% | 20.28% |
2009 | 20.12% | 20.19% | 19.84% |
2007 | 18.66% | 19.09% | 20.53% |
2005 | 18.89% | 18.59% | 19.51% |
Renter Fraction in East Baton Rouge Parish Louisiana
You can calculate the renter fraction in East Baton Rouge Parish 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 East Baton Rouge Parish as a fraction of total East Baton Rouge Parish households. In 2019 40.05% of households were renters according to Census ACS data.
East Baton Rouge Parish 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% |
East Baton Rouge Parish LA | 40.05% | +0.16% | -3.65% |
Trends in the East Baton Rouge Parish LA Renter Fraction
The East Baton Rouge Parish household renter fraction peaked in in 2016 at 43.70% and is now 3.65% below that level. The origin year for the series is 2005.
Fraction of Renting Households: East Baton Rouge Parish LA, Louisiana, US
History of East Baton Rouge Parish Renter Fraction
Date | US | Louisiana | East Baton Rouge Parish LA |
---|---|---|---|
2019 | 35.89% | 33.51% | 40.05% |
2018 | 36.05% | 34.52% | 39.89% |
2017 | 36.13% | 34.82% | 40.23% |
2016 | 36.88% | 35.74% | 43.70% |
2015 | 36.97% | 35.42% | 39.85% |
2014 | 36.90% | 35.58% | 43.29% |
2013 | 36.50% | 34.03% | 40.95% |
2012 | 36.09% | 34.27% | 39.60% |
2011 | 35.42% | 33.57% | 38.59% |
2010 | 34.65% | 32.45% | 38.91% |
2009 | 34.13% | 32.08% | 39.70% |
2007 | 32.80% | 32.06% | 38.37% |
2005 | 33.10% | 32.19% | 37.31% |
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. ↩