Best Places to Buy Rental Property in Louisiana (2026)

Slidell leads Louisiana on gross yield at 11.1 percent, not because it is the cheapest city here (that is New Iberia at $169,000) but because its $1,750 median asking rent is high for a $189,250 home. Marrero is close behind at 10.4 percent. Shreveport, the busiest market on the list with about 179 closings a month, sits last at 6.7 percent. The table shows the 20 highest-yielding markets among 28 Louisiana cities meeting the coverage requirements; the yield range above describes the markets shown.

The ranking

Gross yield here is an asking rental yield screen: twelve times the median asking rent over the median closed price, before taxes, insurance, vacancy, management or repairs. Sales use municipal boundaries. Rental listings use the associated city name and may cover a wider postal area. The ratio therefore compares related, but not perfectly matched, market samples, and a home bought at the median price does not necessarily earn the median rent. Confirmed-close medians appear where at least 30 confirmed lease closes were recorded in the window.

City by city

1. Slidell, 11.1 percent gross

Homes in Slidell closed at a median of $189,250 over the last six months and the median asking rent in the last twelve months was $1,750, a gross yield of 11.1 percent. Houses there closed at about $118 per square foot. Full detail is on the Slidell market page.

2. Marrero, 10.4 percent gross

The numbers: $190,000 median closed price across 205 closings, $1,650 median asking rent across 289 listings, 10.4 percent gross. Houses there closed at about $133 per square foot. The Marrero market page carries the monthly figures.

3. Denham Springs, 9.6 percent gross

Denham Springs ranks third on yield but only tenth on entry price: the $1,760 median asking rent is doing the work, not a cheap purchase. At $220,000 to buy and $1,760 a month to rent, Denham Springs yields 9.6 percent gross on 117 tracked closings. Houses there closed at about $144 per square foot. The Denham Springs market page carries the monthly figures.

4. Haughton, 9.2 percent gross

Rent is what puts Haughton fourth here; on price alone it would sit fourteenth of 20. The numbers: $255,000 median closed price across 121 closings, $1,950 median asking rent across 122 listings, 9.2 percent gross. Houses there closed at about $162 per square foot. See the Haughton page for the property mix and the price band.

5. Zachary, 8.4 percent gross

Zachary ranks fifth on yield but only sixteenth on entry price: the $1,995 median asking rent is doing the work, not a cheap purchase. At $286,450 to buy and $1,995 a month to rent, Zachary yields 8.4 percent gross on 162 tracked closings. Full detail is on the Zachary market page.

6. Gonzales, 7.9 percent gross

Rent is what puts Gonzales sixth here; on price alone it would sit fifteenth of 20. Homes in Gonzales closed at a median of $275,000 over the last twelve months and the median asking rent in the last twelve months was $1,800, a gross yield of 7.9 percent. See the Gonzales page for the property mix and the price band.

7. Bossier City, 7.8 percent gross

Bossier City ranks seventh on yield but only eleventh on entry price: the $1,500 median asking rent is doing the work, not a cheap purchase. At $230,000 to buy and $1,500 a month to rent, Bossier City yields 7.8 percent gross on 401 tracked closings. See the Bossier City page for the property mix and the price band.

8. New Iberia, 7.8 percent gross

A low entry price does not carry New Iberia far: it is first cheapest on this list and eighth on yield, with rent of $1,100 against a $169,000 median price. The numbers: $169,000 median closed price across 197 closings, $1,100 median asking rent across 138 listings, 7.8 percent gross. Houses there closed at about $108 per square foot. See the New Iberia page for the property mix and the price band.

9. West Monroe, 7.8 percent gross

Only about 10 homes a month close in West Monroe; the yield is attractive, the resale pool is not deep. Homes in West Monroe closed at a median of $199,900 over the last twelve months and the median asking rent in the last twelve months was $1,300, a gross yield of 7.8 percent. The West Monroe market page carries the monthly figures.

10. Sulphur, 7.8 percent gross

Homes in Sulphur closed at a median of $200,000 over the last six months and the median asking rent in the last twelve months was $1,295, a gross yield of 7.8 percent. Houses there closed at about $116 per square foot. The Sulphur market page carries the monthly figures.

11. Alexandria, 7.6 percent gross

A low entry price does not carry Alexandria far: it is second cheapest on this list and eleventh on yield, with rent of $1,142 against a $179,900 median price. The numbers: $179,900 median closed price across 305 closings, $1,142 median asking rent across 226 listings, 7.6 percent gross. Full detail is on the Alexandria market page.

12. Houma, 7.6 percent gross

Houma is cheaper than its yield rank suggests: fourth on price, twelfth on yield, because a $190,000 home there rents for only $1,200. At $190,000 to buy and $1,200 a month to rent, Houma yields 7.6 percent gross on 287 tracked closings. Houses there closed at about $119 per square foot. See the Houma page for the property mix and the price band.

13. Thibodaux, 7.6 percent gross

Thibodaux is cheaper than its yield rank suggests: fourth on price, thirteenth on yield, because a $190,000 home there rents for only $1,200. The numbers: $190,000 median closed price across 130 closings, $1,200 median asking rent across 183 listings, 7.6 percent gross. Houses there closed at about $136 per square foot. See the Thibodaux page for the property mix and the price band.

14. Broussard, 7.4 percent gross

The numbers: $293,088 median closed price across 284 closings, $1,800 median asking rent across 121 listings, 7.4 percent gross. Houses there closed at about $158 per square foot. Full detail is on the Broussard market page.

15. Youngsville, 7.2 percent gross

At $315,000 to buy and $1,900 a month to rent, Youngsville yields 7.2 percent gross on 307 tracked closings. Houses there closed at about $161 per square foot. See the Youngsville page for the property mix and the price band.

16. Prairieville, 7.1 percent gross

Prairieville ranks sixteenth on yield but only twentieth on entry price: the $2,100 median asking rent is doing the work, not a cheap purchase. Homes in Prairieville closed at a median of $354,900 over the last six months and the median asking rent in the last twelve months was $2,100, a gross yield of 7.1 percent. The Prairieville market page carries the monthly figures.

17. Lafayette, 7.0 percent gross

A low entry price does not carry Lafayette far: it is thirteenth cheapest on this list and seventeenth on yield, with rent of $1,450 against a $250,000 median price. At $250,000 to buy and $1,450 a month to rent, Lafayette yields 7.0 percent gross on 836 tracked closings. Houses there closed at about $143 per square foot. The Lafayette market page carries the monthly figures.

18. Covington, 6.9 percent gross

The numbers: $319,000 median closed price across 157 closings, $1,825 median asking rent across 375 listings, 6.9 percent gross. Full detail is on the Covington market page.

19. Baton Rouge, 6.8 percent gross

A low entry price does not carry Baton Rouge far: it is twelfth cheapest on this list and nineteenth on yield, with rent of $1,365 against a $240,000 median price. The numbers: $240,000 median closed price across 979 closings, $1,365 median asking rent across 4,637 listings, 6.8 percent gross. Houses there closed at about $137 per square foot. The Baton Rouge market page carries the monthly figures.

20. Shreveport, 6.7 percent gross

Shreveport is cheaper than its yield rank suggests: seventh on price, twentieth on yield, because a $195,700 home there rents for only $1,100. Homes in Shreveport closed at a median of $195,700 over the last six months and the median asking rent in the last twelve months was $1,100, a gross yield of 6.7 percent. The Shreveport market page carries the monthly figures.

How this ranking is built

• •Cities: every Louisiana city where Resideline tracked at least 100 closings inside the municipal boundary in its reporting window (six or twelve months) and at least 50 rental listings under the city's name since October 3, 2025: 28 cities qualify and the table shows the 20 highest-yielding.
• •Prices: the median price homes closed at inside the city limits, from Resideline's tracked closings; the state comparison uses the statewide median of $260,462 across 20,936 closings.
• •Rents: the median advertised rent on rental listings Resideline tracked in the last twelve months, all property types, measured on the listings that carry the city's name (a postal footprint, wider than the city line in some places).
• •Confirmed-close medians: Observed rent blends two kinds of record: confirmed lease closes extracted from property records, and the final asking rent on listings that left Resideline tracking without a recorded close. Where a city has at least 30 confirmed closes in the window, their median is printed beside the asking figure; in the last twelve months about a quarter of Resideline's close episodes are confirmed closes. The asking and confirmed-close samples are separate, not paired, so a difference between their medians is not a measured gap on the same listings.
• •What is missing: taxes, insurance, vacancy, management and repairs, which turn a gross yield into a net one, and the unit mix, which differs between what sells and what rents.

Sources and related pages

• •Resideline tracked closings inside city limits (window per city, updated October 4, 2026) and rental listings since October 3, 2025; confirmed lease closes extracted from property records.
• •More Louisiana rankings: Cheapest cities to buy a house in Louisiana ranks the same kind of list with each city's price per square foot for houses, realized appreciation and days to contract beside the median, and Cap Rate by City ranks the Louisiana cities Resideline tracks by gross rental yield. The Louisiana housing market hub carries the statewide figures and the largest Louisiana markets by closings.
• •Asking rent vs observed rent compares live asking rents with final asking rents under that study's own definition; it says nothing about confirmed lease closes.

Prepared with Resideline's research pipeline and reviewed by Jeffrey Batista, Resideline's founder.