Apartments in Melrose Place East Baton Rouge

Baton Rouge:
May Rent Report

Welcome to the May 2024 Baton Rouge Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Baton Rouge rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Baton Rouge and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Baton Rouge average rent prices in the chart below.

May Prices: Baton Rouge vs. Surrounding Areas

Rent Prices in Baton Rouge and Surrounding Areas

Rent prices have increased in Baton Rouge over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Baton Rouge suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

• Rents did not increase in any of the Baton Rouge suburbs

• Rent decreased in Denham Springs, LA, Addis, LA, Gonzales, LA, Zachary, LA, Baker, LA.

• 4 suburbs are currently priced higher than the city of Baton Rouge.

• 1 suburb is currently priced lower than the city of Baton Rouge.

Data set for Baton Rouge and suburbs

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.