Baton Rouge, LA: Red Stick
Baton Rouge has an estimated population of 229,493 residents. It serves as the capital of Louisiana and the seat of East Baton Rouge Parish. Baton Rouge boasts a rich arts and culture scene with points of interest such as the Shaw Center for the Arts, the Baton Rouge Gallery, the Baton Rouge River Center, Louisiana’s Old State Capitol, Louisiana Art & Science Museum, and Capitol Park Museum.
Additionally, Baton Rouge is a college city. Colleges and universities located here include Louisiana State University, Southern University, and Baton Rouge Community College. Sports played at the collegiate level are equally popular, with teams such as the LSU Tigers and the Southern University Jaguars.
Baton Rouge also boasts an abundance of nature-centered attractions. This includes the Baton Rouge Zoo, the Atchafalaya National Heritage Area, Independence Park Botanic Gardens, and the LSU Hilltop Arboretum. There are also countless parks within city limits. Beyond that, residents enjoy the city’s diverse community, exciting nightlife scene, easy commute, and average cost of living.
What Is Baton Rouge’s Rental Market Like?
Baton Rouge has a very attractive real estate market, particularly to property investors. The median listing price for a home in this Louisiana city is $188,800. This is 17% below the national median. Rental properties are also popular here due to the large renter population. In fact, about half of Baton Rouge’s residents are renters.
Image via towncharts.com
In terms of rent, Baton Rouge has an admittedly cheaper median rate compared to the national median. In 2019, the city had a median rent of $911, which was almost $200 lower than the national median.
Image via deptofnumbers.com
Do not let this discourage you, though. Louisiana is known as a landlord-friendly state. Landlords tend to exercise wide authority when it comes to setting and increasing rent, entering properties without notice, and evicting tenants.
How a Baton Rouge Property Management Company Can Help
There are many rental properties in Baton Rouge, and managing them can come as a challenge to landlords. Not everyone has a knack for rental management, while others simply don’t have time or interest. Renting out a home or apartment is a great way to earn extra income, but it also involves so much work.
Enter a Baton Rouge rental management company. A professional management company can assume most of a landlord’s responsibilities, if not all. From marketing your property online and managing applications to collecting rent and fielding tenant requests, a management company can do it all. Services you can expect from a rental management company include:
- Advertise your listing
- Screen and process tenants
- Oversee property showings
- Set and collect rent
- Create a lease agreement
- Perform move-in, move-out, and routine inspections
- Enforce your lease terms
- Manage maintenance and repairs
- Respond to tenant complaints
- Manage your budget
- Help with tax calculations
- File evictions
In Need of Property Management in Baton Rouge?
If you are looking for a property management company in Baton Rouge, Rental Choice is the right place to start. Search for the best management companies according to your city or state. From there, you can freely access more information about the companies listed, including their contact details. Begin your search today using our online directory!