Location: Natchitoches Parish, LA | Metro: Natchitoches Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $620 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $890 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
The analysis of ZIP code 71428 in Natchitoches Parish, Louisiana, reveals several key points for potential landlords and small-portfolio investors.
The first question addresses whether the rent math works. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $930. However, the lack of specific market rent data makes it impossible to directly compare these figures. To ensure profitability, landlords should aim to align their rental rates closely with the FMR unless local market conditions suggest otherwise.
Regarding the affordability of property acquisition, the data is incomplete. Without a median home value, days on market (DOM), or percentage of homes that required price cuts, it's challenging to provide a comprehensive assessment. Landlords should conduct thorough research into current real estate listings and sales trends to gauge the cost and ease of acquiring properties in this ZIP code.
Tenant demand is another critical factor. The ZIP code's population and the percentage of renters are both unspecified, which means there's no direct data to indicate how many people might be looking for rentals. Investors must rely on broader regional data or local insights to determine if there is sufficient tenant demand to support new rental units.
In conclusion, while the Fair Market Rent provides a benchmark for setting rental prices in ZIP 71428, the absence of detailed market data complicates a full assessment of acquisition costs and tenant demand. Landlords and investors should proceed with caution, conducting additional local research to fill these informational gaps before making investment decisions.
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.