Metairie, Louisiana Rental Market Trends

Disclaimer:

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 Metairie, Louisiana rental market.

Metairie, Louisiana

Average Apartment Rent

$1,207

Y-o-Y Change in Average
Apartment Rent

-2.4%

As of March 2026

Compared to a year ago, Metairie, Louisiana apartments have recorded a -2.4% rent decrease.

Metairie, Louisiana Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Metairie $1,178 $1,178 $1,179 $1,195 $1,236 $1,238 $1,231 $1,227 $1,207
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Metairie
National
Jul 2023
$1,178
$1,735
Nov 2023
$1,178
$1,724
Mar 2024
$1,179
$1,729
Jul 2024
$1,195
$1,750
Nov 2024
$1,236
$1,743
Mar 2025
$1,238
$1,749
Jul 2025
$1,231
$1,763
Nov 2025
$1,227
$1,749
Mar 2026
$1,207
$1,750

Metairie, Louisiana Average Apartment Rent

Metairie, Louisiana Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 60.47%, apartments priced $1,000 - $1,500 represent the bulk of Metairie, Louisiana rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.33%.

Metairie, Louisiana Housing tenure**

Renter occupied housing units 22,555
Owner occupied housing units 38,079

Renters take up 37% of Metairie, Louisiana real estate, occupying a total of 22,555 units, while homeowners live in 38,079 properties.

Median number of rooms of renter-occupied housing units**

4

Renter median household income**

$46,032

Average household size of renter-occupied housing units**

2.26

Rental vacancy rate**

4.6%

Metairie, Louisiana Renter-occupied housing units by no. of bedrooms**

No bedrooms 2,015
1 bed 6,301
2 beds 9,343
3 beds 4,454
4 beds 379

There are 9,343 rentals in Metairie, Louisiana with 2 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 379 units. Overall, the median number of rooms in Metairie, Louisiana homes for rent is 4.

Metairie, Louisiana Renter-occupied units by age of householder**

15 - 24 years 1,177
25 - 34 years 6,212
35 - 44 years 4,822
45 - 54 years 3,068
55 - 59 years 1,469
60 - 64 years 1,695
65 - 74 years 2,368
75 - 84 years 1,208
85 years and over 536

Most condos for rent in Metairie, Louisiana are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

Metairie, Louisiana Renter-occupied housing units by family type**

Family households 10,433
Non-Family Households 12,122

Metairie, Louisiana Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 6,610
No related children of the householder under 18 15,945

A total of 10,433 apartments for rent in Metairie, Louisiana, or 46% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 6,610 units. All in all, the median size of a renter-occupied household in Metairie, Louisiana is 2.26.

Metairie, Louisiana Renter-occupied housing units by educational attainment**

Less than high school graduate 2,048
High school graduate (including equivalency) 6,243
Some college or associate's degree 7,182
Bachelor's degree or higher 7,082

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Metairie, Louisiana.

Metairie, Louisiana Renter-occupied units by year structure built**

Built 2010 - 2019 245
Built 2000 - 2009 1,902
Built 1990 - 1999 2,807
Built 1980 - 1989 3,725
Built 1970 - 1979 5,545
Built 1960 - 1969 5,080
Built 1950 - 1959 1,996
Built 1940 - 1949 602
Built 1939 or earlier 634

The highest share of Metairie, Louisiana apartment rentals, namely 25% or 5,545 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (23%, 5,080 units), and the ones Built 1980 - 1989 (17%, 3,725 units).

Metairie, Louisiana Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,738
Moved in 2018 to 2020 7,796
Moved in 2010 to 2017 10,148
Moved in 2000 to 2009 1,851
Moved in 1990 to 1999 686
Moved in 1989 or earlier 336

Median year renter moved into unit 2017

Most Metairie, Louisiana renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Metairie, Louisiana condos for rent is 2017.

Metairie, Louisiana Renter-occupied housing units by vehicles available**

No vehicle available 2,198
1 vehicle available 12,839
2 vehicles available 6,566
3 or more vehicles available 952

When it comes to transportation options, 57% of Metairie, Louisiana renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 10% have No vehicle available.

Metairie, Louisiana Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 18,449
Car, truck, or van - carpooled 4,057
Public transportation (excluding taxicab) 295
Walked 845
Taxicab, motorcycle, bicycle, or other means 431
Worked at home 1,379

Metairie, Louisiana Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 39,618
Moved within same county 6,124
Moved from different county within same state 2,325
Moved from different state 1,116
Moved from abroad 864

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 Metairie, 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

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