Location: St. Landry Parish, LA | Metro: St. Landry Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $670 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,240 |
| 5 Bedrooms | $1,438 |
| 6 Bedrooms | $1,611 |
| 7 Bedrooms | $1,740 |
| 8 Bedrooms | $1,827 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 70577 reveals a competitive landscape where the Federal Market Rent (FMR) set by HUD at $840 for the fiscal year 2026 is slightly below the average market rent of $863, based on Census ACS data. This means that voucher tenants will generally cashflow at FMR, but only marginally given the current market conditions. To achieve positive cashflow, landlords should focus on premium units that can command rents closer to the higher end of the market range.
The median home value in ZIP 70577 stands at $122,614, which translates into a rent-to-price ratio of approximately 0.7%. This ratio suggests that rental income is relatively low compared to property values, indicating that the area might favor long-term buy-and-hold strategies over quick flips or short-term rentals. However, due to the lack of available data on median days on market (DOM) and the percentage of homes that experienced price cuts, it's challenging to provide a definitive assessment on the rent-versus-buy dynamics. Nonetheless, the slight gap between FMR and market rent implies that there is room for growth, albeit limited, for investors seeking positive cashflow.
The strongest investor angle in ZIP 70577 is stability. With the HUD FMR closely matching market rents, and the median home value providing a solid base, investors can expect consistent returns without the volatility often associated with rapidly changing markets. Stability ensures predictable cashflows and minimizes the risk of significant fluctuations in both rental and property values, making it an attractive option for landlords and small-portfolio investors looking for reliable investment opportunities.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.