Real Estate Investing in Houma, Louisiana (70364)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70364 (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: 13.7% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
What’s happening in Houma, LA (70364)?
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Market Analysis: 70364 Houma
The 70364 ZIP in Houma, LA is a local-operator market. Outside capital chasing a $191K entry has to pair deep knowledge with the discount.
Rent of $1,237/mo on a $191K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 70364 sits below the stated 0.0% once reality is priced in.
From a cash-flow lens, 70364 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 70364 ZIP's population of 28,990 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Strategy in 70364 is an operator game, not a passive one. In practical terms, entry prices of $191K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Houma:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 70364 Compare?
| Metric | 70364 | Houma | Houma-Thibodaux, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $191,284 | $173,570 | N/A | $207,909 |
| 5-Year CAGR | 0.6% | N/A | N/A | 0.7% |
| Avg Rent | $1,237 | $1,199 | N/A | - |
| Cap Rate | 5.0% | 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 70364 (Houma, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $191,284 |
| Monthly Rent | $1,237 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.0% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | +0.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). 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 70364
Population: 28,990
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 70364
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
What type of investing works in Houma, LA?
Houma, LA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($191K prices, $1,237/mo rents) make it a reasonable choice.
Is Houma, LA good for landlords?
Landlord-friendliness in Houma, LA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the average monthly rent in Houma, LA?
Average rent in Houma, LA is approximately $1,237/mo per month. Against $191K home values that yields a reasonable rent-to-price ratio.
Is house hacking profitable in Houma, LA?
House hacking in Houma, LA is a challenging. With home values around $191K and rents at $1,237/mo, owner-occupants can offset a meaningful share of PITI.
Are there empty rentals in Houma, LA?
Rental vacancy in Houma, LA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 70364 now. You don’t know where it ranks.
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How 70364 ranks in Houma-Thibodaux, LA
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