Commercial Real Estate Market in Metairie, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
261 active listings and 274 off-market properties in Metairie, LA. Commercial property asks $167/SF to buy and $20.52/SF/Yr to lease.
Market Trends
Metairie, LA spans 23.5 square miles in Jefferson County, Louisiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Metairie, LA asks $19.03/SF/Yr to lease; the median asking sale price is $170/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Metairie, LA (the middle half): Lease $18.00–$24.00/SF/Yr (median $21.00/SF/Yr, 59 listings); Sale $140–$227/SF (median $170/SF, 33 listings).
Retail
Retail space in Metairie, LA has a median asking sale price of $229/SF. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Metairie, LA (the middle half): Lease $17.25–$33.49/SF/Yr (median $24.94/SF/Yr, 36 listings); Sale $179–$294/SF (median $229/SF, 14 listings).
Industrial
Industrial space in Metairie, LA has a median asking sale price of $132/SF (based on 6 listings). 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 Metairie, LA (the middle half): Lease $10.94–$15.00/SF/Yr (median $12.50/SF/Yr, 9 listings).
Multifamily
Multifamily space in Metairie, LA has a median asking sale price of $150/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Metairie, LA (the middle half): Sale $123–$176/SF (median $150/SF, 25 listings).
Market overview
Demographics & Economy
Metairie, LA has 141,964 residents in 65,259 households. Density runs 6,045 people per square mile. Median household income here is $74,517 and median gross rent $1,165 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Westwego | $89 | $12.00 |
| Kenner | $127 | $16.10 |
| New Orleans | $161 | $20.00 |
| Marrero | $120 | $18.00 |
Commercial property in Metairie, LA asks $167/SF. The 4 bordering markets run from $89/SF in Westwego to $161/SF in New Orleans, and the city sits above their $124/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Metairie?
How much does it cost to lease commercial space in Metairie?
How does Metairie compare to nearby markets on price?
Where does Realmo's Metairie market data come from?
Methodology & data sources
- Asking prices and medians
- There are 103 active for-sale and 158 active for-lease listings in Metairie, LA. The medians are based on 75 of the for-sale and 99 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
