Department of Numbers

Baton Rouge Louisiana Residential Rent and Rental Statistics

The median monthly gross residential rent in Baton Rouge, LA (the Baton Rouge metro area) was $850 in 2015 according to the Census ACS survey.1 Average gross rent in Baton Rouge was $832 in 2015. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 Baton Rouge median and average rent data will be released in September of 2017.

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.

Show dollars as: Nominal Real

Real Gross Rent in Baton Rouge Louisiana (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
Louisiana Median Gross Rent $800 +0.38% +6.81%
Baton Rouge, LA Median Gross Rent $850 +2.91% +7.59%

Baton Rouge, LA Real Gross Rent Trends

At $850, real median gross rent in Baton Rouge was at its highest level in 2015 since the series began in 2005. At $832, real average gross rent in Baton Rouge was at its highest level in 2015 since the series began in 2005.

Real Gross Rent in Baton Rouge: Baton Rouge LA Median, Baton Rouge LA Average, Louisiana Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Baton Rouge

Date US
Median
Louisiana
Median
Baton Rouge, LA
Median
Baton Rouge, LA
Average
2015 $959 $800 $850 $832
2014 $930 $797 $826 $822
2013 $898 $757 $771 $785
2012 $886 $749 $790 $786
2011 $887 $761 $797 $789
2010 $901 $775 $796 $791
2009 $905 $768 $791 $779
2008 $920 $779 $809 $779
2007 $874 $721 $755 $698
2006 $883 $715 $760 $736
2005 $858 $671 $733 $705

Baton Rouge Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Baton Rouge Louisiana was 9.90% according to Census ACS data.

Rental Vacancy Rate in Baton Rouge Louisiana

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Louisiana 8.30% -0.06% -0.25%
Baton Rouge, LA 9.90% +3.33% +1.94%

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 1.31% to 9.90%. Data records for this series originated in 2005. From a 2006 post peak low of 4.14%, the rental vacancy rate has increased by 5.76%.

Rental Vacancy Rate: Baton Rouge LA, Louisiana, US

Rental vacancy rate in Louisiana

Historical Rental Vacancy Rate data for Baton Rouge

Date US Louisiana Baton Rouge, LA
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%
2008 7.86% 8.20% 5.96%
2007 7.87% 7.18% 6.20%
2006 7.70% 6.36% 4.14%
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 18.62% in 2015 according to the ACS.

Baton Rouge Louisiana Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
Louisiana 20.99% -0.58% +0.12%
Baton Rouge, LA 18.62% -0.50% -0.18%

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 2011 (relative to the 2005 series origin) at 19.40%. Since then it has fallen by 0.77% to 18.62%.

Fraction of Income towards Rent: Baton Rouge LA, Louisiana, US

Percent of median household income going towards median monthly gross rent in Baton Rouge Louisiana

Historical Data for Annual Rent as a Fraction of Income in Baton Rouge Louisiana

Date US Louisiana Baton Rouge, LA
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%
2008 19.00% 19.15% 17.94%
2007 18.66% 19.09% 18.33%
2006 18.90% 18.85% 18.39%
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 2015 30.51% of households were renters according to Census ACS data.

Baton Rouge Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
Louisiana 35.42% -0.16% +1.15%
Baton Rouge, LA 30.51% -3.91% -1.94%

Trends in the Baton Rouge, LA Renter Fraction

The Baton Rouge household renter fraction peaked in in 2014 at 34.42% and is now 3.91% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Baton Rouge LA, Louisiana, US

Fraction of renters in Baton Rouge

History of Baton Rouge Renter Fraction

Date US Louisiana Baton Rouge, LA
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%
2008 33.36% 31.46% 31.67%
2007 32.80% 32.06% 31.03%
2006 32.73% 31.52% 32.13%
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.