Location: Winn Parish, LA | Metro: Caldwell Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 71435 suggests a balanced market with moderate pricing power for landlords and small-portfolio investors over the next 12-24 months. The median home value stands at $139,415, which indicates an affordable housing market that is likely to attract first-time buyers and renters alike.
The absence of percentage data on listings being reduced and the median days on market (DOM) signals a stable market with neither significant upward nor downward pressure on prices. This stability means that property values are unlikely to experience sharp fluctuations, providing a predictable environment for long-term investment strategies.
On the rental side, the Fair Market Rent (FMR) for ZIP 71435 is set at $890 for fiscal year 2026, compared to the current market rate of $916. This slight discrepancy suggests that the rental market is slightly above the government's benchmark, indicating a modest level of demand for rental properties. However, it also implies that there might be room for some downward adjustment in rents if the supply of rental units increases, or if economic conditions change.
For long-hold investors, the setup in ZIP 71435 does not present a strong appreciation thesis. Given the stable median home value and the slight premium in rental rates, appreciation is likely to be modest and in line with inflation rather than outpacing it significantly. Investors should focus on maintaining a steady cash flow through rental income and consider the potential for gradual value growth.
A balanced approach to pricing and maintaining competitive rental rates will be key for landlords and investors in this area. Keeping an eye on local economic indicators and national trends can help in making informed decisions about property management and investment strategies.
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.