MarketsRun a deal in this market
State · LA
Louisiana
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$201k
+2.1%Zillow ZHVI
Median rent
$1,320/mo
+3.8%Zillow ZORI
Gross yield
7.88%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$57,650
Census ACS
Owner-occupied
65.8%
Census ACS
Renter-occupied
34.2%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 7.88% is solid - above the 7% threshold most LTR investors target.
Rent grew 3.8% YoY while values moved 2.1%. That gap drives whether yield compresses or expands over time.
Renter share is 34% - a deep renter pool means lower vacancy risk in Louisiana.
Median income of $57,650 sets the affordability ceiling on rent growth.