2424 Tulane Ave
2424 Tulane Ave,
New Orleans, LA 70119
1-2 Beds | $1,350 - $2,345
Rental Market Trends in Metairie, LA
What is the average rent in Metairie, LA?
$1,092/month
Average Rent
664 Sq Ft
Average Apartment Size
+4.3%
Increase in the Last Year
As of December 2024, the average rent in Metairie, LA is $1,092 per month. This is 30% lower than the national average rent of $1,560/month, making renting in Metairie more affordable than most cities in the US. When you rent an apartment in Metairie, you can expect to pay about $852 per month for a studio, $1,092 for a one-bedroom apartment, and around $1,315 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,740 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Metairie, LA?
In the past year, rent has increased by 4.3%, which averages out to $48 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Metairie, LA
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
33%
$700 - $1,000/month
53%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
2%
Above $2,000/month
What salary do I need to live comfortably in Metairie, LA?
Because the average rent in Metairie is $1,092, you’ll want to make about $3,640 per month or $43,680 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Metairie, LA compare to other nearby cities and neighborhoods?
Use the tool below to compare Metairie, LA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Metairie we think you'll love
Property Management Companies in Metairie, LA
Apartment Homes By Tonti
-
10
Communities
-
2,329
Units
-
2
Cities
10 Communities in Metairie
Key Real Estate Company
-
18
Communities
-
4,001
Units
-
11
Cities
2 Communities in Metairie
Latter & Blum
-
22
Communities
-
3,690
Units
-
8
Cities
2 Communities in Metairie
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
1 Community in Metairie
Drucker + Falk
-
148
Communities
-
35,253
Units
-
56
Cities
1 Community in Metairie
Priderock Capital Management
-
31
Communities
-
9,096
Units
-
24
Cities
1 Community in Metairie
Audubon
-
21
Communities
-
5,300
Units
-
17
Cities
1 Community in Metairie
McCormack Baron Management
-
24
Communities
-
5,861
Units
-
16
Cities
1 Community in Metairie
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.