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City Report · LA

La Place

Pop. 28,343·8th most expensive in Louisiana·La Place rents have dropped 7.6%, currently a renter's market
Median rent (all units)
$1,707/mo
Year-over-Year
-7.6%
Month-over-Month
-0.8%
vs US Median
-$255
Falling (Monthly)
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Most AffordableMost Expensive
La Place · $1,707
More affordable than 61% of US cities · National median $1,962/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $1,707/mo, rent takes about 28% of the US median household income, comfortably within the 30% benchmark.

Income to afford
$68,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using La Place's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,050
1 BR
$1,210
2 BR
$1,450
3 BR
$1,850
4 BR+
$2,180
Fair Market Rent (HUD)
$1,450/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,707 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,484/yr
At $1,707/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 7.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-7.6% YoY, -0.8% MoM), not inventory.
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Demographics

Who lives here

La Place, LA is majority owner-occupied, has a large share of families with children, 19.6% of residents hold a bachelor's degree or higher.

Population
28,343
Median age
38.1
Renters
22.5%
Age distribution
25.6%
21.1%
23.4%
14.7%
15.1%
Under 1825.6%
18–3421.1%
35–5423.4%
55–6414.7%
65+15.1%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
32.1%
56.3%
White32.1%
Black56.3%
Hispanic8.2%
Asian1.2%
Other2.2%
Education (25+)
13.2%
37.5%
29.8%
19.6%
No HS diploma13.2%
HS diploma37.5%
Some college29.8%
Bachelor's+19.6%
Housing tenure
77.5%
22.5%
Owner77.5%
Renter22.5%

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

2021 vs 2026

How La Place, LA has changed in 5 years

Population
29,129 → 28,343
down 2.7%
Renter share
20.9% → 22.5%
+1.6 pts
Bachelor's+
18.5% → 19.6%
+1.1 pts
Median age
37.2 → 38.1
+0.9 yrs

Census counts show La Place, LA losing about 786 residents over the five-year window, down 2.7% on net. The renter share has risen from 20.9% to 22.5%, with owner-occupied housing accounting for the remainder.

Community

Discussions about La Place

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View La Place rent history (2015–2026) →
Salary vs rent

Can you afford rent in La Place on your salary?

At $1,707/mo, how La Place rent compares to typical pay (30% rule).

By apartment size

La Place rent by bedroom count

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

Local insights

Tips for renters in La Place

About renting in La Place, LA

Last updated: August 17, 2026

The median rent in La Place is $1,707/mo as of August 2026. A studio apartment averages $1,050/mo while a 2-bedroom runs $1,450/mo. One-bedroom apartments average $1,210/mo and 3-bedroom units go for $1,850/mo.

At 28% of estimated US median household income ($72,000/yr), La Place ranks as affordable compared to the national benchmark of 30%. Rents have decreased 7.6% over the past year.

FAQ

Frequently asked questions

Is La Place an affordable city for renters?

La Place is considered affordable for renters. At $1,707/mo, rent takes approximately 28% of the US median household income ($72,000/yr). The standard benchmark is 30%. La Place falls comfortably within that range.

How much income do you need to rent in La Place?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,707/mo in La Place.

Is rent going up or down in La Place?

Rent in La Place has decreased 7.6% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does La Place rent compare to other cities in Louisiana?

La Place is one of the pricier cities in Louisiana for rent, ranking #8 out of 46 tracked cities at $1,707/mo.

Which nearby cities are cheaper to rent in than La Place?

Several nearby cities have lower median rents than La Place ($1,707/mo): Destrehan ($1,492/mo), River Ridge ($1,498/mo), Metairie ($1,557/mo).

What percentage of La Place residents rent vs. own?

According to Census data, approximately 22.5% of La Place households are renters, while 77.5% are owner-occupied. La Place leans toward homeownership, which can mean a smaller rental inventory.

How does La Place rent compare to the national average?

La Place's median rent of $1,707/mo is $255 (13%) below the US national median of $1,962/mo. Within Louisiana, it ranks #8 out of 46 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,707/mo, rent takes ~28% of US median household income ($72,000/yr). The standard benchmark is 30%.

La Place 28%Benchmark 30%
State income tax1.85–4.25%
Run the La Place affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near La Place, LA

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