Location: Alexandria, LA | Metro: Alexandria, LA MSA
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 | $740 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,360 | $232,652 | 0.58% | F |
U.S. Census Bureau data (2024)
The Federal Market Rent (FMR) for ZIP 71430 is set at $910 for fiscal year 2024, while the market rent stands at $796. This indicates that there is a potential for higher rental yields when compared to the market rate, assuming properties are rented out at the FMR. The difference between the FMR and the market rate suggests a moderate opportunity for increased cash flow, but it also implies that landlords may face some resistance in achieving these higher rents.
The median home value in ZIP 71430 is $175,172, which is slightly below the national average. This figure supports the notion that this area is not in a high-end real estate market, thus potentially making property investments more accessible for small-portfolio investors.
Regarding stability, the percentage of renters is 32.9%. This is a moderate figure, indicating that a significant portion of the population is renting, which can provide a steady stream of rental income. However, the lack of data on days on market (DOM) makes it difficult to assess the turnover rate and potential vacancy risks. Additionally, the median household income of $63,636 suggests that there is a stable demand for rental properties, but it does not indicate an exceptionally high-income area that would support premium rents.
Given these factors, ZIP 71430 is not a high-yield/low-stability market suitable for quick flips. Instead, it offers a moderate potential for yield and stability, making it a viable option for steady cash flow. Landlords should expect a balance between rental income and property values, without the extreme volatility seen in highly speculative markets.
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.