Monroe, LA · Louisiana
Ouachita Parish
ZIP 71209
158,916 residents380 permits TTM$51,241 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$183,000
ACS 5-Year
Cap rate proxy
6.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
21.6%
HUD FMR ÷ ACS HHI
Net migration
+1.01%
IRS SOI
Permits (TTM)
380
Census BPS
Climate risk
87.5
FEMA NRI (0–100)
ZIP 71209
Median home value
—
Gross yield
—
Cap rate
6.1%
Rent gap
—
Affordability
P/I: 3.6R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown8 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 71202 | — | — | — | 19.9% | — |
| 71203 | — | — | — | 8.2% | — |
| 71292 | — | — | — | 7.1% | — |
| 71209 | — | — | — | 6.1% | — |
| 71212 | — | — | — | 6.1% | — |
Ranked by composite score
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Demographics
Owner-occupied
59.5%
Census ACS
Vacancy rate
14.0%
Census ACS
Bachelor's degree +
27.5%
Census ACS
Rent burdened
53.4%
Census ACS (>30% income)
Median age
36.6
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