Commercial Real Estate Market in Louisiana
Louisiana has 5,158 active for-sale listings and 3,667 active for-lease listings. Statewide, the median asking price is $115/SF and the median asking rent is $16.13/SF/Yr as of November 2026. Realmo tracks 69 city markets here; among the 41 with enough listings to rank, median asking prices range from $52/SF in New Iberia to $216/SF in Covington.
- Median asking price
- $115/SF
- Median asking rent
- $16.13/SF/Yr
- For-sale listings
- 5,158
- For-lease listings
- 3,667
- City markets
- 69
Highest- and Lowest-Priced Markets
Asking prices vary across Louisiana: the median in Covington is $216/SF, 4.2x the $52/SF median in New Iberia. The figures below are median asking prices from live listings, not closed sales.
Asking Prices
The highest median asking prices are in Covington at $216/SF, Mandeville at $182/SF and Metairie at $164/SF. The lowest median asking prices are in New Iberia at $52/SF, Opelousas at $71/SF and Breaux Bridge at $72/SF. 14 of 41 ranked markets have median asking prices above the statewide $115/SF.
Asking Rents
The highest median asking rents are in Youngsville at $23.00/SF/Yr, Carencro at $22.00/SF/Yr and Metairie at $20.60/SF/Yr. The lowest median asking rents are in West Monroe at $10.00/SF/Yr, Broussard at $10.98/SF/Yr and Scott at $11.36/SF/Yr. 10 of 30 ranked markets have median asking rents above the statewide $16.13/SF/Yr.
Louisiana vs. Neighboring States
The median asking price in Louisiana is $115/SF, below the $122/SF median of its 3 neighboring states. By median asking price, the state ranks 3rd of 4 in the group; Texas is highest at $153/SF and Mississippi lowest at $98/SF. The median asking rent is $16.13/SF/Yr, compared with $18.72/SF/Yr in Texas, $19.00/SF/Yr in Arkansas and $16.00/SF/Yr in Mississippi next door. The statewide median asking price is below the U.S. median of $178/SF.
| State | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr | For-Sale Listings | For-Lease Listings |
|---|---|---|---|---|
| Louisiana | $115 | $16.13 | 5,158 | 3,667 |
| Arkansas | $122 | $19.00 | 5,002 | 2,405 |
| Mississippi | $98 | $16.00 | 2,167 | 1,220 |
| Texas | $153 | $18.72 | 23,205 | 16,698 |
| United States | $178 | $18.28 | 265,785 | 185,367 |
A dash means fewer than 10 listings with a usable price.
Commercial Real Estate Markets in Louisiana
Realmo tracks 69 city markets in Louisiana; the 40 with the most active listings are listed below. New Orleans leads with 1,594 active listings, followed by Baton Rouge and Lafayette.
| City | Active Listings | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|---|
| New Orleans | 1,594 | $162 | $20.00 |
| Baton Rouge | 997 | $103 | $16.65 |
| Lafayette | 823 | $110 | $16.00 |
| Shreveport | 591 | $85 | $15.00 |
| Monroe | 309 | $101 | $12.85 |
| Houma | 281 | $84 | $14.40 |
| Metairie | 269 | $164 | $20.60 |
| Lake Charles | 263 | $93 | $18.00 |
| Bossier City | 213 | $139 | $14.00 |
| Hammond | 179 | $121 | $13.54 |
| New Iberia | 175 | $52 | $12.00 |
| Slidell | 163 | $112 | $15.00 |
| Kenner | 131 | $119 | $16.10 |
| Covington | 127 | $216 | $18.69 |
| Broussard | 119 | $100 | $10.98 |
| Mandeville | 106 | $182 | $18.00 |
| Alexandria | 103 | $107 | $15.73 |
| West Monroe | 101 | — | $10.00 |
| Denham Springs | 92 | $141 | $16.00 |
| Gonzales | 87 | $122 | $16.00 |
| Youngsville | 78 | $131 | $23.00 |
| Thibodaux | 70 | $106 | $16.81 |
| Gretna | 69 | $131 | $14.59 |
| Chalmette | 67 | $105 | $13.47 |
| Opelousas | 61 | $71 | — |
| Sulphur | 58 | $74 | $12.00 |
| Harvey | 57 | $85 | $16.28 |
| Breaux Bridge | 48 | $72 | — |
| Marrero | 47 | $100 | $18.00 |
| Scott | 47 | $107 | $11.36 |
| Lake | 45 | — | $15.16 |
| Bastrop | 37 | — | — |
| Pineville | 32 | $98 | — |
| Natchitoches | 29 | $114 | — |
| Abbeville | 27 | $154 | — |
| Walker | 27 | $86 | — |
| Minden | 26 | $95 | — |
| Ruston | 26 | — | — |
| Cut Off | 25 | $95 | — |
| Port Allen | 25 | $78 | — |
Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.
Frequently Asked Questions
What is the median price per square foot for commercial property in Louisiana?
How much does it cost to lease commercial space in Louisiana?
Which cities have the highest and lowest commercial property prices?
How do commercial property prices in Louisiana compare with neighboring states?
Which markets in Louisiana have the most active listings?
Where does Realmo's market data come from?
Methodology and Data Sources
- Listing coverage
- Asking figures come from 5,158 active for-sale and 3,667 active for-lease listings across Louisiana in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 3,386 for-sale and 2,329 for-lease listings that state a price or rent per square foot.
- Asking prices and rents
- Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
- Neighboring states
- Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
- City markets
- The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
- Updates
- Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.
