Housing market/Louisiana/ZIP 70607
ZIP 70607 Lake Charles, Louisiana
Lake Charles, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 70607 · LA — sent to you.
ZIP 70607 · LA
ACS rent vs 2BR SAFMR
ZIP 70607 — Lake Charles, 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 70607
- 1-unit detached7,40354.1%
- 1-unit attached1180.9%
- 2–4 units9867.2%
- 5–49 units2,09715.3%
- 50+ units2882.1%
- Mobile2,78820.4%
2–4 unit share 7.2% · 5–49 unit share 15.3% · combined 2–49 22.5%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,053 (all bedrooms, occupied rentals).
- Median contract rent $883.
- Renters paying ≥30% of income 49.9%; ≥50% 33.0%.
- FY2027 2BR SAFMR $1,190 (1.130× ACS median gross rent).
Population
28,285 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +3.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 10 projects, 988 units.
- HUD project-based assisted MF: 1 properties, 55 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 70607 36.6% of occupied households are renters; vacancy is 25.1%; ACS median gross rent is $1,053; population increased +3.7% between the 2018 and 2023 ACS vintages; the housing stock includes 986 units in 2–4-unit structures and 2,097 units in 5–49-unit structures; 10 LIHTC projects totaling 988 units; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $1,053. 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 70607 is a Census / HUD profile for Lake Charles, LA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 70607 — Lake Charles, 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 70607?
ZIP 70607 (Lake Charles, LA HUD Metro FMR Area) has 28,285 residents, 10,256 households, a renter share of 36.6%, median household income of $58,427, and ACS 2023 median gross rent of $1,053. Vacancy is 25.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 70607?
ACS counts 695 units in 2-unit buildings, 291 in 3–4 unit buildings, 724 in 5–9, 614 in 10–19, and 759 in 20–49. Combined 2–49 unit stock is 3,083 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 70607?
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 70607 — Lake Charles, LA HUD Section 8 Payment Standards / SAFMR.
Does this Louisiana ZIP profile include Georgia listings?
No. ZIP 70607 is Census / HUD research for Lake Charles, 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.