Commercial Real Estate Market in Montpelier, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
47 active listings and 477 off-market properties in Montpelier, LA. Commercial property asks $1,736/SF to buy and $10.20/SF/Yr to lease.
Market Trends
Montpelier, LA spans 157.5 square miles in Tangipahoa County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Montpelier, LA asks $90/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Montpelier, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Montpelier, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Montpelier, LA asks $130/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Montpelier, LA has 13,863 residents in 6,204 households. Density runs 88 people per square mile. Median household income here is $50,412 and median gross rent $844 a month.
13,863
Population
6,204
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
84%
High-School Grad
157.5 sq mi
ZIP Area
88
Density / Sq Mi
$50,412
Median Household Income
$36,534
Median Earnings
$844
Median Rent
$169,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Leonard Chapel | — | — |
| Greensburg | — | — |
| Pine Grove | — | — |
| Fluker | — | — |
Commercial property in Montpelier, LA asks $1,736/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montpelier?
Commercial property in Montpelier, LA asks an average of $1,736 per square foot. The 3 most recent recorded sales traded at a median of $39/SF, so asking sits 4394% above the achieved median. Multifamily carries the highest asking price at $130/SF.
How much does it cost to lease commercial space in Montpelier?
Asking lease rates in Montpelier, LA average $10.20 per square foot per year.
Where does Realmo's Montpelier market data come from?
Realmo compiles Montpelier, LA figures from 4 recent recorded sales, 45 active sale listings, 2 active lease listings, 477 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 2 active for-lease listings in Montpelier, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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 August 2026 · report a data issue
