Monroe, LA · Louisiana
Morehouse Parish
24,967 residents13 permits TTM$36,981 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$108,700
ACS 5-Year
Cap rate proxy
8.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
25.8%
HUD FMR ÷ ACS HHI
Net migration
+0.66%
IRS SOI
Permits (TTM)
13
Census BPS
Climate risk
55.3
FEMA NRI (0–100)
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 71220 | — | — | — | 0.3 | — |
| 71261 | — | — | — | 0.3 | — |
| 71229 | — | — | — | 0.1 | — |
| 71223 | — | — | — | — | — |
| 71250 | — | — | — | — | — |
| 71264 | — | — | — | — | — |
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Demographics
Owner-occupied
66.6%
Census ACS
Vacancy rate
17.8%
Census ACS
Bachelor's degree +
12.7%
Census ACS
Rent burdened
45.6%
Census ACS (>30% income)
Median age
40.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026