Housing market/Louisiana/ZIP 70563

ACS 2023 · FY2027 SAFMR

ZIP 70563 New Iberia, Louisiana

Iberia Parish, LA · Louisiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
19,947
Households
7,944
Median HH income
$73,555
Renter share
19.4%
Median gross rent
$975
Vacancy
8.3%
Pop. change
+1.9%
2BR SAFMR
$1,070
SAFMR / rent
1.097×
2–49 unit stock
426
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 70563 · LA — sent to you.

ZIP 70563 · LA

ACS median rent$975
2BR SAFMR$1,070
90% floor$963
110% ceiling$1,177

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 70563

  • 1-unit detached6,96380.4%
  • 1-unit attached1641.9%
  • 2–4 units1902.2%
  • 5–49 units2362.7%
  • 50+ units1381.6%
  • Mobile97211.2%
TypeUnitsShare
1-unit detached6,96380.4%
1-unit attached1641.9%
2 units (duplex)1581.8%
3–4 units320.4%
5–9 units2122.4%
10–19 units120.1%
20–49 units120.1%
50+ units1381.6%
Mobile97211.2%

2–4 unit share 2.2% · 5–49 unit share 2.7% · combined 2–49 4.9%.

Units by bedrooms

Studio
46
1BR
388
2BR
1,501
3BR
5,192
4BR
1,443
5+
93

Rent burden

Rent ≥30% of income33.3%
Rent ≥50% of income13.7%
  • ACS median gross rent $975 (all bedrooms, occupied rentals).
  • Median contract rent $710.
  • Renters paying ≥30% of income 33.3%; ≥50% 13.7%.
  • FY2027 2BR SAFMR $1,070 (1.097× ACS median gross rent).

Population

19,947 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 70563 19.4% of occupied households are renters; vacancy is 8.3%; ACS median gross rent is $975; population increased +1.9% between the 2018 and 2023 ACS vintages; the housing stock includes 190 units in 2–4-unit structures and 236 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,070 versus ACS median gross rent of $975. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Louisiana research

ZIP 70563 is a Census / HUD profile for Iberia Parish, LA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Louisiana research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 70563?

ZIP 70563 (Iberia Parish, LA) has 19,947 residents, 7,944 households, a renter share of 19.4%, median household income of $73,555, and ACS 2023 median gross rent of $975. Vacancy is 8.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 70563?

ACS counts 158 units in 2-unit buildings, 32 in 3–4 unit buildings, 212 in 5–9, 12 in 10–19, and 12 in 20–49. Combined 2–49 unit stock is 426 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 70563?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,070. See the full schedule and 90–110% payment-standard band on the ZIP 70563 — New Iberia, LA HUD Section 8 Payment Standards / SAFMR.

Does this Louisiana ZIP profile include Georgia listings?

No. ZIP 70563 is Census / HUD research for Iberia Parish, LA. Jeff Crowe CRE does not list Louisiana property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.