The Pollard neighborhood in Baton Rouge, Louisiana, has experienced significant changes in its housing market over the past decade. From 2013 to 2022, this area has seen a general trend of decreasing homeownership rates, rising average home prices, and fluctuating average rent prices, creating a complex and evolving housing landscape. The homeownership rate in Pollard has shown a general downward trend from 2013 to 2022. In 2013, 39% of residents owned their homes, but this figure dropped to 33% by 2018. However, there has been a slight recovery in recent years, with homeownership reaching 40% in 2022. This trend has occurred against a backdrop of steadily increasing average home prices. In 2013, the average home price was $228,362, which rose to $308,713 by 2022, representing a 35% increase over nine years.

Federal interest rates have played a significant role in shaping homeownership trends in Pollard. From 2013 to 2016, interest rates remained extremely low, hovering around 0.1-0.4%. During this period, homeownership rates fluctuated between 35-40%. As interest rates began to rise more substantially from 2017 (1%) to 2019 (2.16%), homeownership rates dipped to their lowest point of 33% in 2018. However, the sharp drop in interest rates in 2020 (0.38%) and 2021 (0.08%) coincided with a rebound in homeownership to 38% and 39% respectively.

The renter population in Pollard has generally increased over the years, from 61% in 2013 to 60% in 2022, with a peak of 67% in 2018. Average rent prices have shown a volatile pattern. In 2013, the average rent was $1,170, which decreased to $1,106 in 2014. It then fluctuated over the years, reaching $1,350 in 2020 before settling at $1,225 in 2022. The population has also fluctuated, from 2,092 in 2013 to a peak of 3,012 in 2018, before settling at 2,638 in 2022. These population changes may have influenced the demand for rental properties and, consequently, rent prices.