Housing market/Louisiana/ZIP 71220

ACS 2023 · FY2027 SAFMR

ZIP 71220 Bastrop, Louisiana

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

Population
20,426
Households
7,857
Median HH income
$36,186
Renter share
35.4%
Median gross rent
$819
Vacancy
16.6%
Pop. change
-7.2%
2BR SAFMR
$900
SAFMR / rent
1.099×
2–49 unit stock
522
LIHTC proj / units
12 / 519
HUD assisted MF
7 / 185

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 71220 · LA — sent to you.

ZIP 71220 · LA

ACS median rent$819
2BR SAFMR$900
90% floor$810
110% ceiling$990

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

Housing stock

ACS 2023 units-in-structure · ZCTA 71220

  • 1-unit detached6,88873.2%
  • 1-unit attached1011.1%
  • 2–4 units3673.9%
  • 5–49 units1551.6%
  • 50+ units670.7%
  • Mobile1,83019.5%
TypeUnitsShare
1-unit detached6,88873.1%
1-unit attached1011.1%
2 units (duplex)901.0%
3–4 units2772.9%
5–9 units430.5%
10–19 units380.4%
20–49 units740.8%
50+ units670.7%
Mobile1,83019.4%

2–4 unit share 3.9% · 5–49 unit share 1.6% · combined 2–49 5.5%.

Units by bedrooms

Studio
160
1BR
445
2BR
2,804
3BR
4,958
4BR
1,046
5+
12

Rent burden

Rent ≥30% of income47.3%
Rent ≥50% of income25.4%
  • ACS median gross rent $819 (all bedrooms, occupied rentals).
  • Median contract rent $562.
  • Renters paying ≥30% of income 47.3%; ≥50% 25.4%.
  • FY2027 2BR SAFMR $900 (1.099× ACS median gross rent).

Population

20,426 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.2%.

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

Assisted inventory

  • LIHTC: 12 projects, 519 units.
  • HUD project-based assisted MF: 7 properties, 185 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 71220 35.4% of occupied households are renters; vacancy is 16.6%; ACS median gross rent is $819; population changed -7.2% between the 2018 and 2023 ACS vintages; the housing stock includes 367 units in 2–4-unit structures and 155 units in 5–49-unit structures; 12 LIHTC projects totaling 519 units; FY2027 2BR SAFMR is $900 versus ACS median gross rent of $819. 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 71220 is a Census / HUD profile for Morehouse 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 71220?

ZIP 71220 (Morehouse Parish, LA HUD Metro FMR Area) has 20,426 residents, 7,857 households, a renter share of 35.4%, median household income of $36,186, and ACS 2023 median gross rent of $819. Vacancy is 16.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 71220?

ACS counts 90 units in 2-unit buildings, 277 in 3–4 unit buildings, 43 in 5–9, 38 in 10–19, and 74 in 20–49. Combined 2–49 unit stock is 522 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 71220?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $900. See the full schedule and 90–110% payment-standard band on the ZIP 71220 — Bastrop, LA HUD Section 8 Payment Standards / SAFMR.

Does this Louisiana ZIP profile include Georgia listings?

No. ZIP 71220 is Census / HUD research for Morehouse Parish, LA HUD Metro FMR Area. 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.