Housing market/Louisiana/ZIP 70586
ZIP 70586 Ville Platte, Louisiana
St. Landry Parish, LA · Louisiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 70586 · LA — sent to you.
ZIP 70586 · LA
ACS rent vs 2BR SAFMR
ZIP 70586 — Ville Platte, LA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 70586
- 1-unit detached6,50275.5%
- 1-unit attached831.0%
- 2–4 units3664.3%
- 5–49 units2412.8%
- 50+ units2332.7%
- Mobile1,18613.8%
2–4 unit share 4.2% · 5–49 unit share 2.8% · combined 2–49 7.0%.
Units by bedrooms
Rent burden
- ACS median gross rent $705 (all bedrooms, occupied rentals).
- Median contract rent $436.
- Renters paying ≥30% of income 45.6%; ≥50% 26.0%.
- FY2027 2BR SAFMR $970 (1.376× ACS median gross rent).
Population
18,939 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -6.6%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 5 projects, 200 units.
- HUD project-based assisted MF: 6 properties, 279 assisted units.
- 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 70586 35.0% of occupied households are renters; vacancy is 17.0%; ACS median gross rent is $705; population changed -6.6% between the 2018 and 2023 ACS vintages; the housing stock includes 366 units in 2–4-unit structures and 241 units in 5–49-unit structures; 5 LIHTC projects totaling 200 units; FY2027 2BR SAFMR is $970 versus ACS median gross rent of $705. 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 70586 is a Census / HUD profile for St. Landry Parish, LA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 70586 — Ville Platte, LA HUD Section 8 Payment Standards / SAFMR·Louisiana ZIP directory
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 70586?
ZIP 70586 (St. Landry Parish, LA) has 18,939 residents, 7,161 households, a renter share of 35.0%, median household income of $43,375, and ACS 2023 median gross rent of $705. Vacancy is 17.0%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 70586?
ACS counts 252 units in 2-unit buildings, 114 in 3–4 unit buildings, 67 in 5–9, 89 in 10–19, and 85 in 20–49. Combined 2–49 unit stock is 607 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 70586?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $970. See the full schedule and 90–110% payment-standard band on the ZIP 70586 — Ville Platte, LA HUD Section 8 Payment Standards / SAFMR.
Does this Louisiana ZIP profile include Georgia listings?
No. ZIP 70586 is Census / HUD research for St. Landry 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.