Location: Avoyelles Parish, LA | Metro: Avoyelles Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $630 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $900 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
The analysis of ZIP code 71329 in Unknown, Louisiana, reveals a unique situation when it comes to the rental market, specifically concerning Section 8 properties. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $860. However, the lack of specific market rent and home value data for ZIP 71329 makes it challenging to provide a precise classification on the yield axis.
Given that the FMR is a government-determined rate meant to reflect the average rent for a modest apartment in an area, we can infer that landlords who participate in the Section 8 program will receive a fixed rental payment of $860 per month for a unit in this ZIP code. This figure serves as a baseline for yield but does not account for potential variations in local market rents or home values which could affect profitability beyond the guaranteed rental income.
Regarding stability, the absence of key metrics such as the percentage of renters, days on the market (DOM), and median income further complicates a comprehensive assessment. These missing pieces are crucial for understanding the reliability of tenants, the speed of property turnover, and the financial health of the residents in ZIP 71329.
Without complete data, ZIP 71329 cannot be definitively classified as either a high-yield/low-stability market suitable for quick flips or a steady-cashflow zone. The $860 FMR suggests a level of guaranteed income, but without knowing how this compares to local market rates and the financial stability of the tenant pool, it's difficult to determine if this represents a high-yield opportunity or a more conservative investment strategy.
To make a more informed decision, landlords and small-portfolio investors should seek additional data on local market conditions and tenant demographics. This would allow for a clearer picture of the potential risks and rewards associated with investing in ZIP 71329 through the Section 8 program.
Data Sources: FMR data from HUD (2027).
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.