2024 · Louisiana
Rental yield in Louisiana
In 2024, the typical rental in Louisiana produced a gross yield of 5.7% — $1,064/mo median rent against a $223K median home value, ranking 3rd of 51 states.
5.7%
Gross rental yield
above the 4.9% U.S. median
$1,064/mo
Median gross rent
incl. utilities (ACS)
$223K
Median home value
owner-occupied (ACS)
Louisiana metros by yield
Metropolitan areas in Louisiana with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Alexandria, LA | 6.5% | $899/mo | $166K |
| Monroe, LA | 6.3% | $928/mo | $177K |
| Houma-Bayou Cane-Thibodaux, LA | 6.1% | $980/mo | $192K |
| Shreveport-Bossier City, LA | 6.1% | $990/mo | $195K |
| New Orleans-Metairie, LA | 5.7% | $1,262/mo | $268K |
| Lake Charles, LA | 5.5% | $977/mo | $213K |
| Hammond, LA | 5.5% | $1,084/mo | $237K |
| Baton Rouge, LA | 5.4% | $1,138/mo | $252K |
| Slidell-Mandeville-Covington, LA | 5.3% | $1,305/mo | $297K |
| Lafayette, LA | 5.2% | $968/mo | $222K |
Frequently asked questions
What is the gross rental yield in Louisiana?
In 2024, Louisiana had a gross rental yield of 5.7% — $1,064/mo median gross rent against a $223K median home value. That ranks 3rd of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which Louisiana metros have the best rental yield?
Among Louisiana metros covered by the data, gross yield was highest in Alexandria, LA (6.5%), Monroe, LA (6.3%), and Houma-Bayou Cane-Thibodaux, LA (6.1%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in Louisiana
Yield shows where the numbers work; our Investor Financing Report for Louisiana shows the rate premium, denial rate, and DSCR lending investors face there.
Run a Louisiana deal
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.