Average Rent in Alexandria, LA↑ Rents rising 0.5% YoY

Alexandria, LA has rental prices ranging from $710/month to $1,513/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $762/month — 46% below the national average of $1,400/month. With a median household income of $56,492/year, spending $762/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Alexandria Compares

With an average 2-bedroom rent of $1,000/month, Alexandria ranks #11 most expensive of the 47 cities tracked in Louisiana — pricier than 65% of all US cities in our data.

The Alexandria Rental Market

The Alexandria, LA area has a population of about 150,593 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Alexandria, LA have risen by $5/month (0.5%) over the past year, from $995 to $1,000. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Alexandria, LA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,480. The local median household income of $56,492 exceeds that threshold by $26,012, making Alexandria relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Alexandria, LA is $145,320, giving a price-to-rent ratio of 12.1. The break-even point between renting and buying is roughly 12 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Is Alexandria, LA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Alexandria?

Break-even analysis and mortgage estimates based on local market data.

Living in Alexandria

Cost of living, job market, crime rates, and moving cost estimates.