Lake Charles, LA 70601 - Real Estate Investment Insights & Performance Data

Welcome to our 70601 real estate data hub, tailored for investors in Lake Charles, LA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 70601 in Lake Charles, LA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CALCASIEU PARISH.

Leverage our comprehensive, zip code-specific data to excel in Lake Charles, LA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lake Charles property market.

• Location Overview

  • Zip Code: 70601
  • City: Lake Charles
  • State: LA
  • Metro Area: Lake Charles, LA
  • County Name: CALCASIEU PARISH

• Real Estate Market Snapshot

  • Average Home Price (All Types): $85,961
  • Average Home Price (Single Family Homes): $85,966
  • Average Monthly Rental Price (All Types): $997
  • Price-to-Rent Ratio: 7
  • Zillow Projected % appreciation from 4/2023-4/2024: -7.6%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $980
  • Average 3 Bedroom Section 8 Rental Rates: $1,230
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 7.31
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 5.82
  • Number of Units Offered in Section 8 in the County: Not Available
  • Number of Occupied Units in Section 8 in the County: Not Available
  • Percentage of Section 8 Units Occupied in the County: Not Available%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 202.42
  • Total % Appreciation since 2000 (Government Data): 121.5
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 4.9%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.08%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): -15.75%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): -11.25%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 12.22%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.21%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%