Safe Rate Local

Baton Rouge

Learn about the people, housing, costs and businesses in Baton Rouge

Median Home$248,750
Median Rent$1,189/month
Population875,313
Leading IndustriesWholesale Trade · Manufacturing · Professional Services9% wholesale trade
Home Value Growth+8.6% over 2 years
Young Adults32% of residentsslightly above average
Homeowners69% of occupied units
Baton Rouge

Frequently Asked Questions

What are today's mortgage rates in Baton Rouge?

Mortgage rates for Baton Rouge are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Baton Rouge?

The median home value in Baton Rouge is $249k. The median monthly rent is $1,189. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Baton Rouge?

Home values in Baton Rouge have increased 8.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Baton Rouge?

Based on a typical all-in ownership cost of $1,150/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Baton Rouge is $76k/year.

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What industries drive the economy in Baton Rouge?

The largest employment sectors in Baton Rouge are public administration (25%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.