Apartments for rent in Louisiana are less expensive than the national average. The price of a studio averages $661 per month, which is $364 below the national average. The price of a one-bedroom averages $703 per month, which is $158 below the national average. The reason that studio apartments for rent in Louisiana cost not much more than one-bedrooms is that a lot more studios tend to be rented in high-priced areas, whereas in lower-rent areas the smallest apartments you're likely to find are one-bedrooms.

Larger Louisiana apartment rentals follow the same trends. The price of a two-bedroom averages $873 per month, which is $183 below the national average. The price of a three-bedroom averages $1029 per month, which is $316 above the national average.

If you're searching for an Louisiana apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive Louisiana apartments for rent are in Gretna, Westwego, and New Orleans. The lowest rent apartments in Louisiana are in Monroe, Alexandria, and Denham Springs.

Economy:
Louisiana's soil composition makes it ideally suited for growing sugar, rice and sweet potatoes, all of which are major agriculture industries. Fishing, particularly for shrimp, oysters and crawfish, is another big industry. Louisiana is by far the leading petroleum producing state in the country, with an output of a million barrels of crude per day. Coupled with a thriving natural gas industry, the energy sector is big business for the state. Tourism is a more than $5 billion industry as well.

Noteworthy:
Louisiana politicians have long had a reputation for “bringing home the bacon.” For every tax dollar the state sends to Washington, D.C., it receives $1.78 in return.