Real Estate Investing in Alexandria, Louisiana (71302)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 71302 (Alexandria, 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: 18.9% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.4% CAGR).
- Elevated poverty: 23.1% poverty rate — can affect rent collection.
- Lower household income: $36,012 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Alexandria, LA (71302)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 71302 Alexandria
ZIP 71302 inside Rapides Parish looks affordable on the surface — median value of $94K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $94K asset, 71302 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 71302 sits on the difficult end of the LA spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 71302 ZIP's population of 14,128 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
The 71302 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Alexandria:
Property Strategy for 71302
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $57,615 | $910 | 11.4% | -0.7% | $28,807 |
| 3BR | $120,657 | $1,230 | 7.3% | +1.9% | $40,219 |
| 4BR | $182,953 | $1,390 | 5.5% | +2.6% | $45,738 |
Market Trends
Home Value History (with trend line)
📊 How Does 71302 Compare?
| Metric | 71302 | Alexandria | Alexandria, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $94,061 | $39,476 | N/A | $207,909 |
| 5-Year CAGR | 0.4% | 1.2% | N/A | 0.7% |
| Avg Rent | $819 | $1,045 | N/A | - |
| Cap Rate | 6.8% | 6.0% | - | - |
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 71302 (Alexandria, LA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 71302 (Alexandria, LA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $94,061 |
| Monthly Rent | $819 |
| Price-to-Rent | 9.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.5% |
| Cap Rate | 6.8% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | -1.2% ▼ |
| 5-Year CAGR | +0.4% ▲ |
| 10-Year CAGR | +0.6% ▲ |
🏠 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 (6.8%). 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 71302
Population: 14,128
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 71302
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 900 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are vacancy rates like in Alexandria, LA?
Alexandria, LA carries elevated vacancy risk. Expect predictable absorption at market rents of $819/mo.
Are tenants stable in Alexandria, LA?
The tenant pool in Alexandria, LA is solid, supported by local employment and population fundamentals. Rents of $819/mo are well-absorbed by the market.
Should investors consider Alexandria, LA?
Alexandria, LA stands at an investability rating of 3.0/5, with median home values near $94K and average rents around $819/mo. That combination puts it in the substantial tier for investor interest.
What strategy should investors use in Alexandria, LA?
In Alexandria, LA the robust play is typically careful cash-flow rentals with hands-on management. The combination of $94K prices and $819/mo rents suits that approach.
Where do rents currently stand in Alexandria, LA?
Expect rents around $819/mo per month in Alexandria, LA. With home values at $94K, the yield math works out to reasonable levels for rental investors.
You know 71302 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 71302 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 71302 ranks in Alexandria, LA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 71302 (Alexandria)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 71302 (Alexandria, LA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.