Louisiana

Ranked #16 of 51 for housing affordability

65Moderate

Median Home Price

🏠

$210K

4x income

Median Rent

🔑

$1K

31.5% rent-burdened

Median Income

💰

$52K

Population: 4,590,241

Homeownership

🏡

66.0%

3,900 experiencing homelessness

Housing Shortage

📉

50,000

units needed

Building Permits (2024)

🔨

16,000

Price-to-Income

📊

4x

Severe Rent Burden

⚠️

15.5%

paying >50% of income

Rent Burden Breakdown

vs. National Average

Metros in Louisiana

MetroScoreHome PriceRentIncomeRent Burden
New Orleans42$280K$1K$49K37.0%
Baton Rouge62$235K$1K$55K31.0%

Housing Policies

low-income housing tax creditsLouisiana Housing Corporation programsdisaster recovery housing