Housing market/Louisiana/ZIP 70560
ZIP 70560 New Iberia, Louisiana
Iberia Parish, LA · Louisiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 70560 · LA — sent to you.
ZIP 70560 · LA
ACS rent vs 2BR SAFMR
ZIP 70560 — New Iberia, LA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 70560
- 1-unit detached9,85358.3%
- 1-unit attached2091.2%
- 2–4 units1,1426.8%
- 5–49 units1,3668.1%
- 50+ units2921.7%
- Mobile4,04123.9%
2–4 unit share 6.7% · 5–49 unit share 8.0% · combined 2–49 14.8%.
Units by bedrooms
Rent burden
- ACS median gross rent $886 (all bedrooms, occupied rentals).
- Median contract rent $614.
- Renters paying ≥30% of income 44.8%; ≥50% 26.4%.
- FY2027 2BR SAFMR $970 (1.095× ACS median gross rent).
Population
37,589 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -7.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 10 projects, 451 units.
- HUD project-based assisted MF: 12 properties, 496 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 70560 42.9% of occupied households are renters; vacancy is 15.9%; ACS median gross rent is $886; population changed -7.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,142 units in 2–4-unit structures and 1,366 units in 5–49-unit structures; 10 LIHTC projects totaling 451 units; FY2027 2BR SAFMR is $970 versus ACS median gross rent of $886. 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 70560 is a Census / HUD profile for Iberia Parish, LA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 70560 — New Iberia, LA HUD Section 8 Payment Standards / SAFMR·Louisiana ZIP directory
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 70560?
ZIP 70560 (Iberia Parish, LA) has 37,589 residents, 14,279 households, a renter share of 42.9%, median household income of $48,296, and ACS 2023 median gross rent of $886. Vacancy is 15.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 70560?
ACS counts 395 units in 2-unit buildings, 747 in 3–4 unit buildings, 797 in 5–9, 156 in 10–19, and 413 in 20–49. Combined 2–49 unit stock is 2,508 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 70560?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $970. See the full schedule and 90–110% payment-standard band on the ZIP 70560 — New Iberia, LA HUD Section 8 Payment Standards / SAFMR.
Does this Louisiana ZIP profile include Georgia listings?
No. ZIP 70560 is Census / HUD research for Iberia Parish, LA. 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.