Each year, as LSU students prepare for the upcoming school year, parents across the country start asking a familiar question: “Should we buy a home in Baton Rouge for our child to live in while they’re in school?” The answer often turns out to be a smart financial move, and not just for convenience—buying a property near LSU can offer long-term equity, consistent rental income, and greater control over your student’s living situation.
In this guide, we break down everything you need to know about investing in real estate near LSU—from neighborhood recommendations and rental income potential to property features, financing considerations, and more.
Buying a Home Near LSU: A Guide for Parents, students, and Investors
Condos & Townhomes: Proceed with Caution
While condos and townhomes around LSU offer low-maintenance lifestyles and close proximity to campus, they historically experience more volatile market values. The reasons? Higher HOA fees, leasing restrictions, special assessments, and a lack of FHA approval for many developments can all contribute to more complicated resales or refinancing efforts.
That said, certain condo and townhome developments have performed well—especially those that check these boxes:
- Close to LSU or on the LSU bus route
- Strong, active HOAs with firm community rules
- Good upkeep and common area maintenance
Just be aware of the financing challenges. Because most condos are not FHA approved, buyers may need to use conventional loans, pay higher down payments, or navigate more restrictive lending conditions.
Why Single-Family Homes Are a Safer Bet
Single-family homes near LSU, particularly those built from the early 2000s to new construction, have proven to be far more stable investments. Builders such as DSLD, D.R. Horton, and Alvarez Construction have developed homes that have historically appreciated well.
These homes are typically located in well-kept subdivisions with modern amenities, curb appeal, and layout features that suit both families and student renters.
Rental Rates & Layout Tips
Most single-family homes in the LSU area rent for $2,400–$3,000+ per month, depending on location, age, and updates. Parents frequently offset their monthly mortgage payments by renting out extra rooms to other students.
Pro Tip: If you have the opportunity to purchase a 4-bedroom instead of a 3-bedroom, go for it. Homes are often rented by the room, and 4-bedroom homes command higher monthly rents, are more desirable to student groups, and tend to sell faster when you’re ready to exit.
What Today’s Student Renters Look For
The following features not only attract renters but also make resale easier:
- Access to the LSU bus route
- Neighborhood amenities like pools, walking trails, or common areas
- Additional parking for guests
- Gated access or security features
- Updated kitchens, open layouts, and low-maintenance yards
Homes with these features stand out in a competitive rental market.
Top Neighborhoods Popular with LSU Students
Here’s a list of communities that consistently see strong rental demand and long-term value retention:
- Hunter’s Trace (DSLD)
- Pelican Lakes (D.R. Horton)
- Lake Villas (DSLD)
- Lake Villas Crossing (Alvarez Construction)
- University Villas (Multiple Builders)
- Cottages at University Villas (DSLD)
- Nicholson Lakes
- Lake Beau Pre
- Lake Beau Pre Townhomes
- Magnolia Lakes (DSLD)
- Summerwood (Multiple Builders)
- Lexington Park (Alvarez Construction)
- Highcroft (Alvarez Construction)
- River Hills Farm (Alvarez Construction)
- Woodstock Park (Alvarez Construction)
- Bellegrove Square (DSLD)
- Willow Run (DSLD)
- Atwater Villas (DSLD)
- Springlake at Bluebonnet
- Creekside Cottages (DSLD)
Final Thoughts: Own Smart, Build Equity
If your child will be attending LSU for 3–5 years, buying a home near campus may be one of the smartest financial decisions you make. With the right property, you could:
- Save on housing costs
- Build long-term equity
- Generate rental income
- Take advantage of tax write-offs
When the time comes to sell, well-maintained homes in strong neighborhoods often sell quickly and at a profit.
Need Help Navigating the Market?
As a real estate broker specializing in the Baton Rouge and LSU markets, I’ve helped countless families make smart housing decisions that pay off. Whether you’re just exploring the idea or you’re ready to take the next step, I’d love to help you develop the right strategy for your family.
Clayton Fields
Real Estate Broker, Keller Williams Realty
(504) 481-2975
claytonfields@kw.com
8601 Leake Ave, New Orleans, LA 70118