Spanish Town

Baton Rouge, Louisiana

Neighborhood Market Analysis

Q3 2025 Report
$325,000 (2025 estimate for historic homes; varies by renovation and lot size)
Median Home Price
82/100 (very walkable; narrow streets, shaded sidewalks, close to downtown)[3]
Walkability Score
Public schools are mixed; Baton Rouge Magnet High is highly rated, while zoned schools are average to below average.
School Rating

Location Overview

Neighborhood Boundaries

Bounded by State Capitol Drive, North 5th Street, North 9th Street, and North Street. Includes Spanish Town Road, just south of Arsenal Park and State Capitol Park, extending south to Main Street.

Zip Codes

70802

Market Data Summary

Price Range$225,000–$525,000 for single-family homes; condos/townhomes from $180,000; apartments rent $819 (studio) to $995 (3BR) as of May 2025
Price per Sq Ft$220–$310/sq ft (historic properties often command a premium)
Inventory LevelsLow to moderate; limited new construction due to historic district restrictions; most inventory is resale of historic homes

Property Characteristics

Home Types & Architecture

Home Types

Single-family historic homesShotgun housesCraftsman bungalowsTownhomesSmall apartment buildings

Architectural Styles

Greek RevivalQueen AnneLate VictorianCraftsman bungalowShotgun

Property Details

Typical Lot Sizes0.08–0.18 acres (narrow, deep lots typical of pre-automobile urban planning)
Home Age Range1823–1975 (majority pre-1940)
Construction QualityVaries; many homes restored to high standards, but some require significant renovation. Historic preservation guidelines apply.

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of artists, professionals, students, and long-time residents; historically known for LGBTQ+ community, now more mixed due to gentrification[1][3].

Community Vibe

Eclectic, creative, and historic; strong neighborhood identity; hosts Baton Rouge’s largest Mardi Gras parade, fostering a festive and inclusive atmosphere[1][4].

Typical Residents

  • Artists
  • Young professionals
  • Students
  • Long-term residents
  • Retirees

Family Friendly

Moderately family-friendly; more popular with singles, couples, and small families due to urban setting and smaller lot sizes.

Amenities & Lifestyle

Parks & Recreation

  • Arsenal Park
  • State Capitol Park
  • Access to Mississippi River levee trails

Dining Options

  • Local cafes
  • Casual eateries
  • Downtown restaurants within walking distance

Shopping Centers

  • Downtown Baton Rouge retail
  • Small specialty shops within neighborhood

Local Businesses

  • Coffee shops
  • Boutique stores
  • Art galleries
  • Local bars

Education & Schools

Public schools are mixed; Baton Rouge Magnet High is highly rated, while zoned schools are average to below average.
Overall School Rating

Elementary Schools

  • B.R. FLAIM Elementary
  • LaSalle Elementary (zoned)

Middle Schools

  • Capitol Middle School

High Schools

  • Baton Rouge Magnet High School (application)
  • Capitol High School

Private Schools

  • St. Joseph’s Academy
  • Catholic High School
  • Episcopal School of Baton Rouge

Transportation & Accessibility

Transit & Roads

Public Transit

  • CATS bus lines (multiple downtown routes)

Major Roads

  • North Street
  • Spanish Town Road
  • North 5th Street
  • North 9th Street

Commute & Walkability

Commute Times5–10 minutes to downtown core; 15–20 minutes to LSU; 20–25 minutes to major employment centers
WalkabilityHigh—most errands can be accomplished on foot[3]
ParkingLimited street parking; some homes have off-street parking, but narrow streets and historic layout can make parking challenging.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Artists/creatives
  • Investors (short-term/long-term rental)
  • Empty nesters seeking walkability

Key Selling Points

  • Oldest neighborhood in Baton Rouge
  • Eclectic, creative community
  • Walkable to downtown, parks, and dining
  • Largest Mardi Gras parade in Baton Rouge

Pricing Considerations

Price premiums for renovated homes with historic features; competitive pricing needed for homes requiring updates.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Provide inspection reports, highlight recent renovations, and connect buyers with local contractors experienced in historic properties.

Objection: Limited parking and narrow streets.

Response Strategy:

Emphasize walkability, proximity to downtown, and available off-street parking options where applicable.

Objection: Mixed public school ratings.

Response Strategy:

Highlight proximity to top-rated magnet and private schools, and the vibrant cultural lifestyle that appeals to many buyers.

Investment Insights

Investment Potential

Appreciation Potential

Strong for renovated historic homes; limited new supply and high demand for character properties.

Rental Demand

High, especially among students, young professionals, and short-term renters seeking downtown access.

Buyer Competition

Moderate to high; historic homes in good condition attract multiple offers.

Best For

  • Buyers seeking historic charm
  • Investors in short-term rentals
  • Young professionals
  • Artists/creatives

Potential Concerns

  • Older homes may require costly maintenance
  • Limited parking
  • Mixed school ratings

Professional Recommendations

1

Emphasize historic value and community events in marketing materials.

2

Educate buyers on historic homeownership, including maintenance and tax incentives.

3

Network with local preservation groups and neighborhood associations.

4

Stage homes to highlight unique architectural features and outdoor spaces.

5

Prepare for high foot traffic and event-related showings during Mardi Gras season.

6

Leverage digital marketing to reach out-of-state buyers and investors.

Competitive Analysis

Comparable Markets

  • Garden District
  • Beauregard Town
  • Mid City

Market Positioning

Boutique, historic, and walkable alternative to suburban neighborhoods; appeals to buyers seeking urban lifestyle and unique architecture.

Competitive Advantages

  • Rich historic character
  • Central downtown location
  • Strong community identity and events

Price Comparison

Generally more affordable than Garden District, but higher price per square foot than Mid City due to historic status.

Investment Metrics

4.5–5.5% for long-term rentals; higher for short-term rentals during event seasons
Cap Rates
6–7% gross annual yield for well-maintained properties
Rental Yields
16–18 (favorable for investors seeking appreciation and cash flow)
Price-to-Rent
Positive for updated properties, especially with short-term rental strategy
Cash Flow
3–5% annual appreciation expected through 2026
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by walkability and downtown lifestyle; may need education on historic homeownership and maintenance.

Move-Up Buyers

Often seek larger, renovated homes with character; value proximity to work and cultural amenities.

Downsizers

Drawn to smaller lot sizes, walkability, and vibrant community events.

Investors

Strong interest in both long-term and short-term rental opportunities; focus on properties near parade routes and downtown.

Relocators

Appreciate central location, unique culture, and access to Baton Rouge’s business and government centers.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

Related Market Intelligence

Explore connected markets and opportunities