Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | West Baton Rouge Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $118,448 | $166,764 | $242,182 |
| Price Trend (Annual %) | 2.8% | 4.5% | 8.2% |
| Median Gross Rent | $1,021 | $1,038 | $1,342 |
| Rent Trend (Annual %) | 3.8% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in West Baton Rouge Parish is about 29% lower than in Louisiana. Rent is about 2% lower than the Louisiana average.
Median Home and Rent Price Trends
Median Home Prices, 2016-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in West Baton Rouge Parish, up about 2.8% and 3.8% a year respectively. Rent is changing faster.
Median rent in West Baton Rouge Parish rose about 31.9% between 2015 and 2023, from $774 to $1,021. Over the same span, rent in Louisiana rose about 31.9%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in West Baton Rouge Parish.
Buying the median-priced home in West Baton Rouge Parish costs roughly 9.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in West Baton Rouge Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | West Baton Rouge Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $118,448 | $166,764 | $242,182 |
| Median Household Income | $86,383 | $60,029 | $78,145 |
| Price-to-Income Ratio | 1.4 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2016 and 2023, the median home price in West Baton Rouge Parish rose about 5.3%, while median household income rose about 85.1% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | West Baton Rouge Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.7% | 57.3% | 58.2% |
| Rental Rate | 21.2% | 27.8% | 31.3% |
| Vacancy Rate | 12.1% | 14.8% | 10.6% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
West Baton Rouge Parish has a homeownership rate of 66.7%, higher than the Louisiana average of 57.3%. Its housing vacancy rate is 12.1%, compared with 14.8% in Louisiana.
Housing Stock
| Metric | West Baton Rouge Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.52 people | 2.54 people |
| Median Structure Built Year | 1981 | 1982 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in West Baton Rouge Parish was built around 1981. On average, 2.6 people live in a home with about 5.4 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in West Baton Rouge Parish, Louisiana.
What is the median home price in West Baton Rouge Parish, Louisiana?
The median home price in West Baton Rouge Parish, Louisiana is $118,448, lower than the Louisiana average of $166,764.
What is the average home price in West Baton Rouge Parish, Louisiana?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in West Baton Rouge Parish, Louisiana?
The median gross rent in West Baton Rouge Parish, Louisiana is $1,021 per month, lower than the Louisiana average of $1,038.
What was the median gross rent in West Baton Rouge Parish in 2020?
In 2020, the median gross rent in West Baton Rouge Parish, Louisiana was $883 per month.
What is the price-to-rent ratio in West Baton Rouge Parish, Louisiana?
The price-to-rent ratio in West Baton Rouge Parish, Louisiana is about 9.7, meaning it would take roughly 9.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in West Baton Rouge Parish.
Are home prices or rent rising faster in West Baton Rouge Parish, Louisiana?
Both home prices and rent are rising in West Baton Rouge Parish, up about 2.8% and 3.8% a year respectively. Rent is changing faster.
What is the homeownership rate in West Baton Rouge Parish, Louisiana?
66.7% of households in West Baton Rouge Parish, Louisiana own their home, higher than the Louisiana average of 57.3%.
What is the vacancy rate in West Baton Rouge Parish, Louisiana?
The housing vacancy rate in West Baton Rouge Parish, Louisiana is 12.1%, lower than the Louisiana average of 14.8%.