Commercial Real Estate Market in Algiers, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
1,395 active listings and 10,929 off-market properties in Algiers, LA. Commercial property asks $161/SF to buy and $20.00/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Algiers, LA asks $22.23/SF/Yr to lease; the median asking sale price is $198/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Algiers, LA (the middle half): Lease $16.00–$28.00/SF/Yr (median $20.00/SF/Yr, 119 listings); Sale $124–$296/SF (median $198/SF, 78 listings).
Retail
Retail space in Algiers, LA asks $22.97/SF/Yr to lease; the median asking sale price is $237/SF. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Algiers, LA (the middle half): Lease $17.33–$35.00/SF/Yr (median $24.38/SF/Yr, 87 listings); Sale $142–$359/SF (median $237/SF, 107 listings).
Industrial
Industrial space in Algiers, LA asks $15.94/SF/Yr to lease; the median asking sale price is $115/SF. Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Algiers, LA (the middle half): Lease $10.56–$14.13/SF/Yr (median $12.03/SF/Yr, 29 listings); Sale $80.80–$158/SF (median $115/SF, 27 listings).
Multifamily
Multifamily space in Algiers, LA has a median asking sale price of $156/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Algiers, LA (the middle half): Sale $115–$208/SF (median $156/SF, 625 listings).
Market overview
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Gretna | $121 | $13.41 |
| New Orleans | $161 | $20.00 |
| Harvey | $84 | $16.28 |
Commercial property in Algiers, LA asks $161/SF. The 3 bordering markets run from $84/SF in Harvey to $161/SF in New Orleans, and the city sits above their $121/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Algiers?
How much does it cost to lease commercial space in Algiers?
How does Algiers compare to nearby markets on price?
Where does Realmo's Algiers market data come from?
Methodology & data sources
- Asking prices and medians
- There are 1,017 active for-sale and 378 active for-lease listings in Algiers, LA. The medians are based on 847 of the for-sale and 246 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
