Lake Charles, Louisiana Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lake Charles, Louisiana rental market.
Lake Charles, Louisiana
Average Apartment Rent
$1,218
Y-o-Y Change in Average
Apartment Rent
12.8%
As of May 2026
Compared to a year ago, Lake Charles, Louisiana apartments have recorded a 12.8% rent increase.
Lake Charles, Louisiana Average apartment rent trend
Lake Charles, Louisiana Average Apartment Rent
Lake Charles, Louisiana Apartment rent ranges
At 44.37%, apartments priced $1,000 - $1,500 represent the bulk of Lake Charles, Louisiana rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.21%.
Lake Charles, Louisiana Housing tenure**
Renters take up 42% of Lake Charles, Louisiana real estate, occupying a total of 13,644 units, while homeowners live in 18,543 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$35,675
Average household size of renter-occupied housing units**
2.43
Rental vacancy rate**
9%
Lake Charles, Louisiana Renter-occupied housing units by no. of bedrooms**
There are 5,833 rentals in Lake Charles, Louisiana with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 122 units. Overall, the median number of rooms in Lake Charles, Louisiana homes for rent is 4.5.
Lake Charles, Louisiana Renter-occupied units by age of householder**
Most condos for rent in Lake Charles, Louisiana are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Lake Charles, Louisiana Renter-occupied housing units by family type**
Lake Charles, Louisiana Renter-occupied housing units by the presence of own children**
A total of 6,348 apartments for rent in Lake Charles, Louisiana, or 47% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 3,939 units. All in all, the median size of a renter-occupied household in Lake Charles, Louisiana is 2.43.
Lake Charles, Louisiana Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 22% of the rental market. In contrast, residents with less than a high school degree reside in 14% of the homes for rent in Lake Charles, Louisiana.
Lake Charles, Louisiana Renter-occupied units by year structure built**
The highest share of Lake Charles, Louisiana apartment rentals, namely 19% or 2,656 units, were Built 2010 - 2019, followed by those Built 1970 - 1979 (16%, 2,182 units), and the ones Built 1980 - 1989 (13%, 1,756 units).
Lake Charles, Louisiana Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Lake Charles, Louisiana renters (46%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lake Charles, Louisiana condos for rent is 2016.
Lake Charles, Louisiana Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Lake Charles, Louisiana renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 17% have No vehicle available.
Lake Charles, Louisiana Means of transportation to work of householders living in renter-occupied housing units**
Lake Charles, Louisiana Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lake Charles, Louisiana apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
