Location: Winn Parish, LA | Metro: Winn Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $640 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $890 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
The ZIP code 71471, located in Winn Parish County, Louisiana, presents unique challenges and opportunities for landlords and small-portfolio investors due to its incomplete data signature. The lack of specific figures regarding the number of residents, percentage renting, median income, and median home value indicates that detailed local economic analysis is limited. However, the Federal Market Rent (FMR) for the metro area covering fiscal year 2026 provides a concrete basis for understanding the rental market dynamics.
The FMR for ZIP 71471 stands at $830 per month, which represents the maximum amount that the government will subsidize through the Section 8 program for a unit in this area. This figure is critical for landlords who wish to participate in the Section 8 program, as it sets the upper limit for rent that can be charged to tenants with vouchers. Despite the absence of specific market rent data, the FMR serves as a benchmark for evaluating the potential profitability of properties under the Section 8 program.
The economics of Section 8 vouchers in ZIP 71471 revolve around the balance between the FMR and the actual market rents. While the market rent data is not available, landlords should consider the FMR as a guideline for setting their rent prices if they aim to attract tenants using Section 8 vouchers. It's important to note that the FMR does not necessarily reflect the current market conditions but rather a federal standard that may differ from local realities.
Given the incomplete data signature for ZIP 71471, the overall trend appears to be transitional. The lack of detailed demographic and economic information suggests that the area might be undergoing changes that could impact its housing market and tenant demographics. Landlords and investors should monitor any updates to the data and stay informed about local developments to make informed decisions regarding their investments.
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.