Location: Avoyelles Parish, LA | Metro: Avoyelles Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $620 |
| 1 Bedroom | $710 |
| 2 Bedrooms | $890 |
| 3 Bedrooms | $1,140 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 71333, located within the Avoyelles Parish, LA metro area, reveals a significant opportunity for positive cash flow. The HUD Fair Market Rent (FMR) for the area is set at $840 per month for fiscal year 2026, which is notably higher than the current market rent of $403 based on Census ACS data. This means that voucher tenants can provide a substantial cash flow to landlords, even when considering typical operating expenses.
To derive the rent-to-price ratio, we would normally compare the average monthly rent to the median home value. However, since the median home value is listed as N/A, it's challenging to provide an exact ratio. Nonetheless, the disparity between the HUD FMR and the actual market rent suggests that rental properties are undervalued relative to their potential income-generating capacity.
The dynamics of days on market (DOM) and price cut shares are also critical factors for investors. With both the DOM and price cut shares listed as N/A, there isn't enough data to make a direct comparison. However, given the favorable rent-to-FMR ratio, the primary focus should be on the strong cash flow potential rather than the complexities of buying versus renting.
In conclusion, the strongest angle for investors in ZIP 71333 is undoubtedly cash flow, due to the generous gap between the HUD FMR and the current market rent levels. This makes it an attractive location for landlords and small-portfolio investors looking to maximize their monthly returns.
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.