Real Estate Investing in Houma, Louisiana (70344)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70344 (Houma, LA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 26.3% of homes vacant — above national norms.
- Declining values: -4.3% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Houma, LA (70344)?
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Market Analysis: 70344 Houma
Investors eyeing 70344 need to respect the fundamentals at play. Home values of $109K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 70344 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 70344 sits on the difficult end of the LA spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 70344 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Houma's stable or hybrid ZIPs before stepping into 70344. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Houma:
Market Trends
Home Value History (with trend line)
📊 How Does 70344 Compare?
| Metric | 70344 | Houma | Houma-Thibodaux, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $108,503 | $173,570 | N/A | $207,909 |
| 5-Year CAGR | N/A | N/A | N/A | 0.7% |
| Avg Rent | $936 | $1,199 | N/A | - |
| Cap Rate | 6.7% | 5.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70344 (Houma, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $108,503 |
| Monthly Rent | $936 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.4% |
| Cap Rate | 6.7% |
| 5-Year IRR | 2.5% |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | -4.3% ▼ |
| 10-Year CAGR | 0.0% ▼ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 70344
Population: 5,151
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 70344
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How does Houma, LA rate as a rental market?
Houma, LA scores 3.0/5 for investability. Home values sit at $109K and rents near $936/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are tenants stable in Houma, LA?
Houma, LA draws a measured base of working renters. Demand at the $936/mo rent level is reasonable for standard single-family and small multi rentals.
What is the rental occupancy rate in Houma, LA?
Occupancy in Houma, LA runs even-keeled with elevated vacancy. Well-priced units at $936/mo lease on reasonable timelines.
Is Houma, LA a good market for FHA house hackers?
Houma, LA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $109K price point reasonable to enter.
Where do rents currently stand in Houma, LA?
The typical rental in Houma, LA commands about $936/mo monthly. That rent profile predictable cash flow against the $109K purchase basis.
You know 70344 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 70344 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 70344 ranks in Houma-Thibodaux, LA
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