Baton Rouge, LA
East Baton Rouge County · Pop. 220,236
Ranked #40 of 243 cities
54Moderate
Median Home Price
🏠$220K
3.0% YoY
Median Rent
🔑$1,050
2.0% YoY
Median Income
💰$45K
Rent Burden
📊30.0%
% of income to rent
Income to Buy
🏦$63K
annual income needed
Income to Rent
📝$42K
annual income needed
Price-to-Income
⚖️4.9x
Homeownership
🏡52.0%
Rent vs. Buy
Buy
$1,171/mo
Est. mortgage (7%, 20% down)
Need $63K/yr income
Rent
$1,050/mo
Median rent
Need $42K/yr income
How Baton Rouge Compares
| Metric | Baton Rouge | Louisiana | National |
|---|---|---|---|
| Home Price | $220K | $216K | $410K |
| Rent | $1,050 | $1,020 | $1,500 |
| Income | $45K | $58K | $75K |
| Rent Burden | 30.0% | 31.5% | 30.0% |
Key Takeaways
- • Home prices in Baton Rouge are 46% lower than the national average.
- • Rent is 30% lower than the national average.
- • You need an income of $63K to comfortably buy a home here.
- • The homeownership rate is 52.0%, compared to 65.0% nationally.