Location: Baton Rouge, LA | Metro: Baton Rouge, LA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $930 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
U.S. Census Bureau data (2024)
The classification of ZIP code 70773 on the axes of yield and stability reveals a unique investment scenario. With a Fair Market Rent (FMR) of $1150 for the fiscal year 2024, this figure stands alone without comparative market or home value data available. However, the lack of additional data points does not diminish the significance of the FMR, which is a critical indicator of potential rental income.
The stability axis is less clear due to limited data. The reported statistic of 0.0% renters suggests that there is either no rental activity recorded or an extremely low level of it, which is unusual and requires further investigation into local housing trends and policies. Without day DOM (days on market) and median income figures, we cannot fully assess the stability of the area, but the absence of rental activity implies a market that might be primarily focused on homeownership or has significant barriers to renting.
Given the available information, ZIP 70773 does not fit neatly into a high-yield/low-stability 'flip-style' market or a steady-cashflow zone. Instead, it presents a scenario where the yield is known but the stability metrics are incomplete. This makes it a speculative investment opportunity, particularly if one can secure properties at below-market values and leverage the FMR of $1150 to generate rental income. However, the lack of rental activity and other stability indicators suggests caution, as the risk profile is higher due to unknown factors such as local economic conditions and housing preferences.
To make a more informed decision, acquiring additional data on market trends, home values, and the economic status of the area would be beneficial. Until then, the ZIP code appears to offer a moderate yield potential with high uncertainty regarding stability, making it suitable for investors willing to take calculated risks.
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.