Mortgage payment estimates, closing cost breakdowns, and homebuying data for Baton Rouge, Louisiana.
Pre-filled with Baton Rouge median home price and Louisiana tax/insurance rates. Adjust for your property.
Estimated closing costs based on Louisiana rates and fees applied to Baton Rouge prices.
The median home price in Baton Rouge is $235,000, 21% above the Louisiana state median of $195,000. With a population of 227,470, Baton Rouge is a mid-size city where home prices reflect strong demand and local economic factors.
Property taxes in Louisiana average 0.55% annually. This low property tax rate is a significant advantage for Baton Rouge buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Louisiana runs approximately $3,500 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in Baton Rouge is $1,150/month. The price-to-rent ratio in Baton Rouge is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Baton Rouge offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Louisiana's LHC Resilience Soft Second program.