2023-24 expected to see an influx of apartment units in Baton Rouge amidst a residential slowdown and various market challenges, including high office vacancies, industrial real estate gridlock, and limited retail growth.

Historically significant numbers of apartment units are expected to enter the Baton Rouge market this year and next, amidst a residential slowdown and stabilizing market. High office vacancies, industrial real estate gridlock, and limited retail growth are also challenges that the region is facing, with the petrochemical industry driving industrial demand and inflation, insurance, and interest rates impacting retail real estate.