Baton Rouge, Louisiana Real Estate & Housing Market

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Baton Rouge Housing Information

Index	Baton Rouge	Louisiana	National
Median home price	$158,400	$148,300	$184,700
Median rent asked	$797	$800	$949
Avg. people per household	2.5	2.6	2.6
Owner occupied households	49.5%	65.4%	63.6%
Renter occupied households	50.5%	34.6%	36.4%

Above, you'll find an overview of the real estate market in Baton Rouge, LA. Generally, real estate in the Baton Rouge, LA area is less affordable in Louisiana, as the median price of a home in Baton Rouge, LA is $158,400, which is 7% higher than the Louisiana average. The median rental price in Baton Rouge, LA is $797. This is equal to the average rental price in Louisiana. Home owners comprise 49.5% of the population of Baton Rouge, LA, where an average of 2.5 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Baton Rouge, LA. Below, you can search for real estate listings in Baton Rouge, LA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Baton Rouge Home Affordability

When searching for real estate in Baton Rouge, LA, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Baton Rouge, LA, the median house price is $158,400, while the median income for households in the area is $39,969. Therefore, the ratio of house price to income is 4.0x; this ratio is 22% higher than the average in Louisiana. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Baton Rouge, LA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Crescent, LA	532	$58,200	68%
Merrydale, LA	8,884	$111,900	39%
Baker, LA	13,754	$120,800	35%
Port Allen, LA	5,123	$124,000	33%
Plaquemine, LA	6,920	$124,100	33%
Baton Rouge, LA	228,694	$158,400	14%

Cities with similar population

City, State	Population	Home Price	National Avg.
Fremont, CA	227,934	$702,800	281%
Paradise, NV	229,666	$169,800	8%
North Las Vegas, NV	230,436	$161,500	13%
Gilbert, AZ	226,832	$264,700	43%
Arlington, VA	226,092	$623,300	237%
Baton Rouge, LA	228,694	$158,400	14%

Source: The Baton Rouge, LA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).