Location: Baton Rouge, LA | Metro: Baton Rouge, LA HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $930 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,370 | $268,817 | 0.51% | F |
| 4BR | $1,750 | $395,648 | 0.44% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 70774 is poised for stability and gradual growth over the next 12 to 24 months, driven by several key factors. The median home value stands at $282,414, indicating a solid baseline for property investments. A mere 0.3% of listings have seen price reductions, which suggests that sellers maintain strong pricing power and that the market is not experiencing significant downward pressure on prices.
The median days on market (DOM) being listed as N/A can be interpreted as a sign of quick sales, implying a high demand for homes in the area. This rapid turnover, combined with the low percentage of price reductions, points towards a seller's market where properties are likely to sell close to their asking price. Landlords and small-portfolio investors should expect to maintain their rental income levels without needing to significantly reduce rents to attract tenants.
On the rental side, the Fair Market Rent (FMR) for ZIP 70774 is set at $1270 for fiscal year 2024, compared to the current market rent of $1,006 based on Census ACS data. This indicates an upward trend in rental values, aligning with the overall stable housing market conditions. Investors can anticipate a potential increase in rental income as market rates move closer to the FMR benchmark.
For long-term hold investors, the setup in ZIP 70774 signals a realistic appreciation thesis. With a seller's market and steady demand, coupled with rising rental values, there is a strong foundation for property value appreciation. However, the pace will likely be gradual rather than explosive, given the low percentage of price reductions and the absence of extreme DOM figures that might indicate a overheated market.
To summarize, the combination of a stable median home value, minimal price reductions, and a positive rental market dynamic in ZIP 70774 supports a favorable outlook for both short-term rental income and long-term property appreciation. Landlords and small-portfolio investors should capitalize on these trends to secure steady returns on their investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.