Metairie, 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 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
Metairie, Louisiana Average Apartment Rent
Metairie, Louisiana Apartment rent ranges
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**
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**
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**
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**
Metairie, Louisiana Renter-occupied housing units by the presence of own children**
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**
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**
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**
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**
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**
Metairie, 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 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