Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$156,999
$1,048

Housing Market Overview

Metric Baton Rouge Louisiana Avg US Average
Median Home Price $156,999 $166,764 $242,182
Price Trend (Annual %) 3.5% 4.5% 8.2%
Median Gross Rent $1,048 $1,038 $1,342
Rent Trend (Annual %) 4.0% 3.8% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Baton Rouge
Louisiana
United States
Year Baton Rouge Louisiana United States
Median Rent Over Time
Baton Rouge
Louisiana
United States
Year Baton Rouge Louisiana United States

Affordability

On average, housing unit costs 3.1 yearly household incomes in Baton Rouge.

Metric Baton Rouge Louisiana Avg US Average
Median Home Price $156,999 $166,764 $242,182
Median Household Income $50,530 $60,029 $78,145
Price-to-Income Ratio 3.1 2.8 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Baton Rouge Louisiana Avg US Average
Homeownership Rate 38.9% 57.3% 58.2%
Rental Rate 43.5% 27.8% 31.3%
Vacancy Rate 17.6% 14.8% 10.6%
Median Tenure (years) 13.0 16.0 15.0
Median Year Moved In 2013 2010 2011

Housing Stock

Metric Baton Rouge Louisiana Avg US Average
Average Household Size 2.40 people 2.52 people 2.54 people
Median Structure Built Year 1977 1982 1978
Median Number of Rooms 4.9 5.5 5.5