Housing market/Louisiana/ZIP 70360

ACS 2023 · FY2027 SAFMR

ZIP 70360 Houma, Louisiana

Houma-Bayou Cane-Thibodaux, LA MSA · Louisiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
28,810
Households
11,206
Median HH income
$82,365
Renter share
29.7%
Median gross rent
$1,085
Vacancy
8.8%
Pop. change
-1.4%
2BR SAFMR
$1,190
SAFMR / rent
1.097×
2–49 unit stock
1,986
LIHTC proj / units
6 / 400
HUD assisted MF
2 / 61

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 70360 · LA — sent to you.

ZIP 70360 · LA

ACS median rent$1,085
2BR SAFMR$1,190
90% floor$1,071
110% ceiling$1,309

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 70360

  • 1-unit detached8,96173.0%
  • 1-unit attached460.4%
  • 2–4 units3262.7%
  • 5–49 units1,66013.5%
  • 50+ units7085.8%
  • Mobile5734.7%
TypeUnitsShare
1-unit detached8,96173.0%
1-unit attached460.4%
2 units (duplex)1771.4%
3–4 units1491.2%
5–9 units2772.3%
10–19 units6675.4%
20–49 units7165.8%
50+ units7085.8%
Mobile5734.7%

2–4 unit share 2.7% · 5–49 unit share 13.5% · combined 2–49 16.2%.

Units by bedrooms

Studio
175
1BR
1,689
2BR
2,080
3BR
5,219
4BR
2,688
5+
432

Rent burden

Rent ≥30% of income41.3%
Rent ≥50% of income25.9%
  • ACS median gross rent $1,085 (all bedrooms, occupied rentals).
  • Median contract rent $941.
  • Renters paying ≥30% of income 41.3%; ≥50% 25.9%.
  • FY2027 2BR SAFMR $1,190 (1.097× ACS median gross rent).

Population

28,810 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 6 projects, 400 units.
  • HUD project-based assisted MF: 2 properties, 61 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 70360 29.7% of occupied households are renters; vacancy is 8.8%; ACS median gross rent is $1,085; population changed -1.4% between the 2018 and 2023 ACS vintages; the housing stock includes 326 units in 2–4-unit structures and 1,660 units in 5–49-unit structures; 6 LIHTC projects totaling 400 units; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $1,085. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Louisiana research

ZIP 70360 is a Census / HUD profile for Houma-Bayou Cane-Thibodaux, LA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Louisiana research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 70360?

ZIP 70360 (Houma-Bayou Cane-Thibodaux, LA MSA) has 28,810 residents, 11,206 households, a renter share of 29.7%, median household income of $82,365, and ACS 2023 median gross rent of $1,085. Vacancy is 8.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 70360?

ACS counts 177 units in 2-unit buildings, 149 in 3–4 unit buildings, 277 in 5–9, 667 in 10–19, and 716 in 20–49. Combined 2–49 unit stock is 1,986 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 70360?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,190. See the full schedule and 90–110% payment-standard band on the ZIP 70360 — Houma, LA HUD Section 8 Payment Standards / SAFMR.

Does this Louisiana ZIP profile include Georgia listings?

No. ZIP 70360 is Census / HUD research for Houma-Bayou Cane-Thibodaux, LA MSA. Jeff Crowe CRE does not list Louisiana property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.