Location: Winn Parish, LA | Metro: La Salle Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $640 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $890 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 71479, located in Winn Parish, LA metro, reveals a favorable environment for cashflow. The HUD Fair Market Rent (FMR) for the area stands at $840 for fiscal year 2026, which is significantly higher than the current market rent of $438 based on Census ACS data. This means that voucher tenants will cashflow at FMR levels, providing a substantial buffer between what landlords can charge and the actual market rate.
The median home value in ZIP 71479 is not available, making it difficult to calculate a precise rent-to-price ratio. However, given the disparity between FMR and market rent, investors can expect a relatively low rent-to-price ratio, indicating that rental properties are undervalued compared to their potential income-generating capacity. This suggests that even if home values were to be considered, the rental market would still offer strong returns relative to property costs.
The day median DOM (Days on Market) and the percentage of price cuts are also not available, but these metrics typically influence the rent-versus-buy decision. In the absence of these figures, the focus should remain on the significant gap between the HUD FMR and the current market rent, which is the primary driver of positive cashflow in this area.
In summary, the strongest investor angle in ZIP 71479 is undoubtedly cashflow. With voucher tenants paying $840 per month, well above the market rent of $438, landlords can expect steady and reliable income from their investments. This makes Section 8 properties particularly attractive for those seeking stable and predictable returns without the need for premium unit renovations or high-end finishes.
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.