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City Report · LA

Elmwood

Pop. 6,077·10th most expensive in Louisiana·Rental market data updated monthly for Elmwood, LA
Median rent (all units)
$1,651/mo
Year-over-Year
+4.0%
Month-over-Month
-2.3%
vs US Median
-$314
Falling (Monthly)
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Most AffordableMost Expensive
Elmwood · $1,651
More affordable than 65% of US cities · National median $1,965/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,651/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$89,430/yr
Based on the 30%-of-income rule using Elmwood's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,636
1 BR
$1,424
2 BR
$1,717
Research median
$1,717/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,812/yr
At $1,651/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+4.0% YoY, -2.3% MoM), not inventory.
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Demographics

Who lives here

Elmwood, LA is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 60.6% of residents hold a bachelor's degree or higher.

Population
6,077
Median income
$89,430
Median age
33
Renters
87.3%
Age distribution
49.7%
16.4%
14.4%
Under 189.5%
18–3449.7%
35–5416.4%
55–6410%
65+14.4%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
45%
26.1%
14.7%
White45%
Black26.1%
Hispanic14.7%
Asian11.5%
Other2.7%
Education (25+)
29.6%
60.6%
No HS diploma2.8%
HS diploma7%
Some college29.6%
Bachelor's+60.6%
Housing tenure
12.7%
87.3%
Owner12.7%
Renter87.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Elmwood, LA has changed in 5 years

Income
$75,526 → $89,430
up 18.4%
Population
6,700 → 6,077
down 9.3%
Renter share
83.5% → 87.3%
+3.8 pts
Bachelor's+
61.6% → 60.6%
-1.0 pts
Median age
32.3 → 33
+0.7 yrs

Household income in the area moved from $75,526 to $89,430 across the same window, up 18.4% versus 2021. The population has contracted by 9.3% since 2021, moving from about 6,700 residents to roughly 6,077. Renters now make up 87.3% of households, compared with 83.5% five years ago.

Community

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View Elmwood rent history (2015–2026) →
Salary vs rent

Can you afford rent in Elmwood on your salary?

At $1,651/mo, how Elmwood rent compares to typical pay (30% rule).

By apartment size

Elmwood rent by bedroom count

Median rent for each apartment size in Elmwood. Click any size for full breakdown.

Local insights

Tips for renters in Elmwood

About renting in Elmwood, LA

Last updated: July 20, 2026

The median rent in Elmwood is $1,651/mo as of July 2026. A studio apartment averages $1,636/mo while a 2-bedroom runs $1,717/mo. One-bedroom apartments average $1,424/mo.

At 22% of local median household income ($89,430/yr), Elmwood ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

Is Elmwood an affordable city for renters?

Elmwood is considered very affordable for renters. At $1,651/mo, rent takes approximately 22% of the local median household income ($89,430/yr). The standard benchmark is 30%. Elmwood falls comfortably within that range.

How much income do you need to rent in Elmwood?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,651/mo in Elmwood. The local median household income is $89,430/yr, meaning the typical Elmwood household meets that threshold.

Is rent going up or down in Elmwood?

Rent in Elmwood has increased 4.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Elmwood rent compare to other cities in Louisiana?

Elmwood is one of the pricier cities in Louisiana for rent, ranking #10 out of 46 tracked cities at $1,651/mo.

Which nearby cities are cheaper to rent in than Elmwood?

Several nearby cities have lower median rents than Elmwood ($1,651/mo): Harahan ($1,415/mo), Westwego ($1,417/mo), River Ridge ($1,498/mo).

What percentage of Elmwood residents rent vs. own?

According to Census data, approximately 87.3% of Elmwood households are renters, while 12.7% are owner-occupied. With a majority renter population, Elmwood has a strong rental market.

How does Elmwood rent compare to the national average?

Elmwood's median rent of $1,651/mo is $314 (16%) below the US national median of $1,965/mo. Within Louisiana, it ranks #10 out of 46 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,651/mo, rent takes ~22% of Elmwood's median household income ($89,430/yr). The standard benchmark is 30%.

Elmwood 22%Benchmark 30%
State income tax1.85–4.25%
Run the Elmwood affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Elmwood, LA

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