JeffCroweCRE

Housing market/Louisiana/ZIP 70501

ACS 2023 · FY2027 SAFMR

ZIP 70501 Lafayette, Louisiana

Lafayette, LA HUD Metro FMR Area · Louisiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
26,956
Households
10,686
Median HH income
$31,723
Renter share
57.7%
Median gross rent
$867
Vacancy
15.6%
Pop. change
-13.3%
2BR SAFMR
$1,010
SAFMR / rent
1.165×
2–49 unit stock
2,802
LIHTC proj / units
17 / 1,038
HUD assisted MF
6 / 626

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 70501 · LA — sent to you.

ZIP 70501 · LA

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ACS rent vs 2BR SAFMR

ZIP 70501 — Lafayette, LA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$867
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 70501

  • 1-unit detached9,19472.9%
  • 1-unit attached1871.5%
  • 2–4 units1,36610.8%
  • 5–49 units1,43611.4%
  • 50+ units1601.3%
  • Mobile2672.1%
TypeUnitsShare
1-unit detached9,19472.6%
1-unit attached1871.5%
2 units (duplex)8136.4%
3–4 units5534.4%
5–9 units6645.2%
10–19 units3472.7%
20–49 units4253.4%
50+ units1601.3%
Mobile2672.1%

2–4 unit share 10.8% · 5–49 unit share 11.3% · combined 2–49 22.1%.

Units by bedrooms

Studio
341
1BR
1,764
2BR
3,534
3BR
5,750
4BR
1,098
5+
170

Rent burden

Rent ≥30% of income53.3%
Rent ≥50% of income28.6%
  • ACS median gross rent $867 (all bedrooms, occupied rentals).
  • Median contract rent $695.
  • Renters paying ≥30% of income 53.3%; ≥50% 28.6%.
  • FY2027 2BR SAFMR $1,010 (1.165× ACS median gross rent).

Population

26,956 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -13.3%.

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

Assisted inventory

  • LIHTC: 17 projects, 1,038 units.
  • HUD project-based assisted MF: 6 properties, 626 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 70501 57.7% of occupied households are renters; vacancy is 15.6%; ACS median gross rent is $867; population changed -13.3% between the 2018 and 2023 ACS vintages; the housing stock includes 1,366 units in 2–4-unit structures and 1,436 units in 5–49-unit structures; 17 LIHTC projects totaling 1,038 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $867. 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 70501 is a Census / HUD profile for Lafayette, LA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 70501 — Lafayette, LA HUD Section 8 Payment Standards / SAFMR·Louisiana ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
70339Lafayette, LA HUD Metro FMR Area7.2%$706$92070502Lafayette, LA HUD Metro FMR Area——$1,11070503Lafayette, LA HUD Metro FMR Area32.3%$1,087$1,19070504Lafayette, LA HUD Metro FMR Area——$1,11070505Lafayette, LA HUD Metro FMR Area——$1,11070506Lafayette, LA HUD Metro FMR Area48.4%$1,024$1,17070507Lafayette, LA HUD Metro FMR Area28.4%$937$1,00070508Lafayette, LA HUD Metro FMR Area36.6%$1,244$1,29070509Lafayette, LA HUD Metro FMR Area——$1,11070517Lafayette, LA HUD Metro FMR Area22.5%$938$1,01070519Lafayette, LA HUD Metro FMR Area0.0%—$99070521Lafayette, LA HUD Metro FMR Area——$920

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 70501?

ZIP 70501 (Lafayette, LA HUD Metro FMR Area) has 26,956 residents, 10,686 households, a renter share of 57.7%, median household income of $31,723, and ACS 2023 median gross rent of $867. Vacancy is 15.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 70501?

ACS counts 813 units in 2-unit buildings, 553 in 3–4 unit buildings, 664 in 5–9, 347 in 10–19, and 425 in 20–49. Combined 2–49 unit stock is 2,802 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 70501?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 70501 — Lafayette, LA HUD Section 8 Payment Standards / SAFMR.

Does this Louisiana ZIP profile include Georgia listings?

No. ZIP 70501 is Census / HUD research for Lafayette, LA HUD Metro FMR Area. 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.