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Headline Numbers
Lake Charles · Three Headline Numbers This Month
$1,130 /mo
Lake Charles Median Rent
▲ MoM up 0.2pct
Louisiana State Avg$1,520 /mo
6.8%
Lake Charles Vacancy Rate
▼ MoM down 0.3pct
40 days
Avg Days on Market
▼ MoM down 3 days
* Figures combine public rent data sources (Zillow, RentCafe, Point2Homes, CapRateCity, etc.) with recent transaction trends; can be fine-tuned with MLS before publishing.
Closed This Month
Lake Charles · Closed Deals This Month (Anonymized)
| Area | Type | List Rent | Closed Rent | Days on Market |
|---|
| Lake Charles 70601 | Single-Family · 3bd2ba | $1,200 | $1,200 | 38 days |
| Lake Charles 70609 | Townhome · 2bd2ba | $1,150 | $1,150 | 40 days |
| Lake Charles 70616 | Condo · 2bd1ba | $1,050 | $1,050 | 43 days |
* Deals are anonymized — street address and landlord info removed; only ZIP, layout, rent and time-on-market are shown to help you gauge pricing.
Rates & Policy
Rate & Policy Changes
- Mortgage Rates: The 30-year fixed rate is around 6.85% (MoM -0.10pct). Investment-property loans typically carry an additional +0.75pct, so cash buyers hold a clear edge.
- Rent Control: Louisiana has no statewide rent control, and the Lake Charles city council advanced no rent-cap proposal this month.
- Hurricane Season Reminder: The Atlantic hurricane season runs Jun–Nov each year — verify your insurance covers wind/hail and flood; some ZIPs mandate flood coverage, so confirm renewal 60 days ahead.
Landlord Tip of the Month
One Landlord Playbook This Month
— From the Beyond Realty Asset Management Team
60 Days Before Renewal, Negotiate With Data, Not Gut Feeling
Send the renewal notice 60 days early, attached with screenshots and rent comparisons of 3 nearby active listings. Turn the renewal conversation into a 'data conversation' — on average you save a week of vacancy, keep a good tenant, and renewals with a modest increase are easier to accept.
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