Real Estate Investing in Houma, Louisiana (70360)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70360 (Houma, LA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
What’s happening in Houma, LA (70360)?
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Market Analysis: 70360 Houma
The 70360 ZIP covers a section of Houma that demands careful diligence. Prices near $266K look accessible, but the work to make a deal cash flow is real.
Rent of $1,358/mo on a $266K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 70360 sits below the stated 0.0% once reality is priced in.
From an investor standpoint, 70360 offers a low basis, the region around Houma has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 70360 ZIP's population of 28,810 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
New investors are better served looking at Houma's stable or hybrid ZIPs before stepping into 70360. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Houma:
Property Strategy for 70360
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $258,815 | $1,420 | 4.0% | +2.9% | $86,272 |
| 4BR | $380,406 | $1,560 | 3.0% | +2.7% | $95,101 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 70360 Compare?
| Metric | 70360 | Houma | Houma-Thibodaux, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $266,400 | $173,570 | N/A | $207,909 |
| 5-Year CAGR | 2.7% | N/A | N/A | 0.7% |
| Avg Rent | $1,358 | $1,199 | N/A | - |
| Cap Rate | 4.0% | 5.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70360 (Houma, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $266,400 |
| Monthly Rent | $1,358 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +2.1% ▲ |
🏠 Rent Trends
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 70360
Population: 28,810
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 70360
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
Investor Insight: With 2,153 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Houma, LA?
Rental rates in Houma, LA average $1,358/mo. Tenant demand and $266K home values make the yield look reasonable by investor standards.
What is the typical vacancy rate in Houma, LA?
Vacancy in Houma, LA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,358/mo.
What is the investability score for Houma, LA?
Our data puts Houma, LA at 3.0/5 for investability. Home prices of $266K and rents around $1,358/mo create a solid backdrop for investor activity.
How landlord-friendly is Houma, LA?
Houma, LA operates under LA law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Are homes affordable in Houma, LA?
The median home value in Houma, LA is roughly $266K. That puts it reasonable relative to the LA statewide average.
You know 70360 now. You don’t know where it ranks.
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How 70360 ranks in Houma-Thibodaux, LA
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