Livingston Parish Louisiana Residential Rent and Rental Statistics
The median monthly gross residential rent in Livingston Parish LA was $929 in 2019 according to the Census ACS survey.1 Average gross rent in Livingston Parish was $778 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 Livingston Parish median and average rent data will be released in September of 2021.
Data is also available below for Livingston Parish rental vacancy rates, Livingston Parish rent as a percent of median income and the fraction of renters in Livingston Parish.
Real Gross Rent in Livingston 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% |
| Livingston Parish LA Median Gross Rent | $929 | -7.65% | +6.78% |
Livingston Parish LA Real Gross Rent Trends
Median gross rent for Livingston Parish peaked in real terms in 2018 at $1,006 and is now $77 (7.65%) lower. Average gross rent for Livingston Parish peaked in real terms in 2018 at $974 and is now $196 (20.12%) lower.
Real Gross Rent: Livingston Parish LA Median, Livingston Parish LA Average, Louisiana Median, US Median
Real Gross Rent History for Livingston Parish
| Date | US Median |
Louisiana Median |
Livingston Parish LA Median |
Livingston Parish LA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $866 | $929 | $778 |
| 2018 | $1,077 | $869 | $1,006 | $974 |
| 2017 | $1,043 | $862 | $857 | $727 |
| 2016 | $1,027 | $846 | $870 | $827 |
| 2015 | $1,017 | $849 | $970 | $785 |
| 2014 | $986 | $846 | $871 | $769 |
| 2013 | $953 | $803 | $818 | $754 |
| 2012 | $940 | $795 | $816 | $827 |
| 2011 | $941 | $807 | $747 | $599 |
| 2010 | $955 | $822 | $866 | $752 |
| 2009 | $960 | $815 | $798 | $694 |
| 2007 | $927 | $765 | $778 | $672 |
| 2005 | $910 | $711 | $666 | $595 |
Livingston 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 Livingston Parish Louisiana was 9.99% according to Census ACS data.
Rental Vacancy Rate in Livingston Parish Louisiana
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Louisiana | 8.34% | -0.37% | -0.10% |
| Livingston Parish LA | 9.99% | -4.10% | +2.30% |
Trends in Livingston Parish LA Rental Vacancy Rate
The rental vacancy rate in Livingston Parish peaked in 2015 at 17.08%. Since then it has fallen by 7.09% to 9.99%. Data records for this series originated in 2005.
Rental Vacancy Rate: Livingston Parish LA, Louisiana, US
Historical Rental Vacancy Rate data for Livingston Parish
| Date | US | Louisiana | Livingston Parish LA |
|---|---|---|---|
| 2019 | 5.97% | 8.34% | 9.99% |
| 2018 | 6.15% | 8.71% | 14.09% |
| 2017 | 6.18% | 8.74% | — |
| 2016 | 5.89% | 8.44% | 7.69% |
| 2015 | 5.85% | 8.30% | 17.08% |
| 2014 | 6.32% | 8.36% | — |
| 2013 | 6.49% | 7.64% | — |
| 2012 | 6.77% | 8.55% | — |
| 2011 | 7.40% | 8.15% | 13.06% |
| 2010 | 8.17% | 8.98% | 11.47% |
| 2009 | 8.43% | 8.19% | — |
| 2007 | 7.87% | 7.18% | 12.84% |
| 2005 | 7.74% | 7.89% | 10.68% |
Rent as a Fraction of Income
Using median household income data for Livingston Parish, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Livingston Parish, median monthly gross rent as a fraction of median household income was 17.93% in 2019 according to the ACS.
Livingston 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% |
| Livingston Parish LA | 17.93% | -0.58% | +0.29% |
Trends in Livingston Parish LA Rent as a Fraction of Income
The fraction of median Livingston Parish household income required to pay median monthly gross rent peaked in 2006 (relative to the 2005 series origin) at 18.90%. Since then it has fallen by 0.98% to 17.93%.
Fraction of Income towards Rent: Livingston Parish LA, Louisiana, US
Historical Data for Annual Rent as a Fraction of Income in Livingston Parish Louisiana
| Date | US | Louisiana | Livingston Parish LA |
|---|---|---|---|
| 2019 | 20.03% | 20.35% | 17.93% |
| 2018 | 20.50% | 21.39% | 18.51% |
| 2017 | 20.13% | 21.74% | 16.49% |
| 2016 | 20.43% | 21.48% | 17.64% |
| 2015 | 20.63% | 20.99% | 18.69% |
| 2014 | 20.89% | 21.57% | 16.37% |
| 2013 | 20.78% | 20.73% | 17.85% |
| 2012 | 20.65% | 20.87% | 17.57% |
| 2011 | 20.70% | 21.48% | 14.88% |
| 2010 | 20.50% | 20.78% | 17.46% |
| 2009 | 20.12% | 20.19% | 16.17% |
| 2007 | 18.66% | 19.09% | 14.58% |
| 2005 | 18.89% | 18.59% | 13.88% |
Renter Fraction in Livingston Parish Louisiana
You can calculate the renter fraction in Livingston 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 Livingston Parish as a fraction of total Livingston Parish households. In 2019 18.02% of households were renters according to Census ACS data.
Livingston 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% |
| Livingston Parish LA | 18.02% | +1.74% | +0.30% |
Trends in the Livingston Parish LA Renter Fraction
The Livingston Parish household renter fraction peaked in in 2009 at 27.42% and is now 9.40% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Livingston Parish LA, Louisiana, US
History of Livingston Parish Renter Fraction
| Date | US | Louisiana | Livingston Parish LA |
|---|---|---|---|
| 2019 | 35.89% | 33.51% | 18.02% |
| 2018 | 36.05% | 34.52% | 16.28% |
| 2017 | 36.13% | 34.82% | 18.35% |
| 2016 | 36.88% | 35.74% | 17.72% |
| 2015 | 36.97% | 35.42% | 18.53% |
| 2014 | 36.90% | 35.58% | 21.74% |
| 2013 | 36.50% | 34.03% | 20.89% |
| 2012 | 36.09% | 34.27% | 23.11% |
| 2011 | 35.42% | 33.57% | 16.80% |
| 2010 | 34.65% | 32.45% | 16.95% |
| 2009 | 34.13% | 32.08% | 27.42% |
| 2007 | 32.80% | 32.06% | 16.00% |
| 2005 | 33.10% | 32.19% | 19.69% |
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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