1031 Exchange Baton Rouge, Louisiana

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Baton Rouge due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Baton Rouge, Louisiana is a part of the Baton Rouge, LA metropolitan area, and contains 42 zip codes, including: 70817, 70814, 70895, 70802, 70836, and 70819.

Baton Rouge Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Baton Rouge, LA metropolitan area was $947, which is 21.72% lower than 2014 average rent. This represents a compounded annual growth rate of 4.01%. 2019 vacancy in Baton Rouge, LA was 10.30%.

The total population of the city of Baton Rouge, LA has decreased 3.44% since 2010. As of 2018, the population was 221,599. The median household income of the Baton Rouge was $41,761, which is 30.74% lower than the national average.

  • metropolitan area Baton Rouge, LA
  • avg rent $947
  • rent growth 21.72%
  • vacancy 10.30%
  • median income $41,761
  • population (2018) 221,599
  • population growth -3.44%
  • vs. nat'l avg 30.74%
  • zip codes 70801 70802 70803 70804 70805 70806 70807 70808 70809 70810 70811 70812 70813 70814 70815 70816 70817 70818 70819 70820 70821 70822 70823 70825 70826 70827 70831 70833 70835 70836 70837 70873 70874 70879 70884 70891 70892 70893 70894 70895 70896 70898

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