Cost Of Living & Real Estate

Cost of Living/ Real Estate

The cost of living in Baton Rouge is relatively low compared to other major cities in the United States. Housing is particularly affordable, with the median home price around $200,000, and the median monthly rent for a one-bedroom apartment hovering around $800. This makes Baton Rouge an attractive option for those looking to purchase a home or rent an apartment without breaking the bank.

In terms of real estate, Baton Rouge offers a diverse range of options, from historic homes in established neighborhoods to newer developments in the suburbs. The city has a number of well-established neighborhoods, such as Mid City, which is known for its charming bungalows and tree-lined streets. For those who prefer a more suburban lifestyle, there are several newer communities on the outskirts of the city, which offer larger homes and more spacious yards.

Despite its affordability, Baton Rouge has a thriving real estate market, with new developments and renovations happening all over the city (Home appreciation is up 5.6% year-over-year). The city's growing job market and strong economy make it a desirable location for both families and young professionals, which has led to a steady increase in demand for housing. With its affordable cost of living and diverse real estate options, Baton Rouge is a great place to live, work, and raise a family.