Housing market/Louisiana/ZIP 71405

ACS 2023 · FY2027 SAFMR

ZIP 71405 Ball, Louisiana

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

Population
5,384
Households
1,952
Median HH income
$72,744
Renter share
14.9%
Median gross rent
$1,146
Vacancy
13.7%
Pop. change
-13.9%
2BR SAFMR
$1,170
SAFMR / rent
1.021×
2–49 unit stock
28
LIHTC proj / units
3 / 104
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 71405 · LA — sent to you.

ZIP 71405 · LA

ACS median rent$1,146
2BR SAFMR$1,170
90% floor$1,053
110% ceiling$1,287

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

Housing stock

ACS 2023 units-in-structure · ZCTA 71405

  • 1-unit detached1,68076.6%
  • 1-unit attached612.8%
  • 2–4 units90.4%
  • 5–49 units190.9%
  • Mobile42419.3%
TypeUnitsShare
1-unit detached1,68074.3%
1-unit attached612.7%
2 units (duplex)90.4%
3–4 units00.0%
5–9 units190.8%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile42418.8%

2–4 unit share 0.4% · 5–49 unit share 0.8% · combined 2–49 1.2%.

Units by bedrooms

Studio
0
1BR
83
2BR
491
3BR
1,425
4BR
221
5+
41

Rent burden

Rent ≥30% of income43.0%
Rent ≥50% of income17.9%
  • ACS median gross rent $1,146 (all bedrooms, occupied rentals).
  • Median contract rent $736.
  • Renters paying ≥30% of income 43.0%; ≥50% 17.9%.
  • FY2027 2BR SAFMR $1,170 (1.021× ACS median gross rent).

Population

5,384 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -13.9%.

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

Assisted inventory

  • LIHTC: 3 projects, 104 units.
  • 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 71405 14.9% of occupied households are renters; vacancy is 13.7%; ACS median gross rent is $1,146; population changed -13.9% between the 2018 and 2023 ACS vintages; the housing stock includes 9 units in 2–4-unit structures and 19 units in 5–49-unit structures; 3 LIHTC projects totaling 104 units; FY2027 2BR SAFMR is $1,170 versus ACS median gross rent of $1,146. 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 71405 is a Census / HUD profile for Alexandria, 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 71405?

ZIP 71405 (Alexandria, LA MSA) has 5,384 residents, 1,952 households, a renter share of 14.9%, median household income of $72,744, and ACS 2023 median gross rent of $1,146. Vacancy is 13.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 71405?

ACS counts 9 units in 2-unit buildings, 0 in 3–4 unit buildings, 19 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 28 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 71405?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,170. See the full schedule and 90–110% payment-standard band on the ZIP 71405 — Ball, LA HUD Section 8 Payment Standards / SAFMR.

Does this Louisiana ZIP profile include Georgia listings?

No. ZIP 71405 is Census / HUD research for Alexandria, LA MSA. 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.