Housing market/Louisiana/ZIP 70615

ACS 2023 · FY2027 SAFMR

ZIP 70615 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.

Population
13,521
Households
4,296
Median HH income
$43,333
Renter share
39.1%
Median gross rent
$1,095
Vacancy
21.9%
Pop. change
-5.0%
2BR SAFMR
$1,210
SAFMR / rent
1.105×
2–49 unit stock
442
LIHTC proj / units
8 / 440
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 70615 · LA — sent to you.

ZIP 70615 · LA

ACS median rent$1,095
2BR SAFMR$1,210
90% floor$1,089
110% ceiling$1,331

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

Housing stock

ACS 2023 units-in-structure · ZCTA 70615

  • 1-unit detached3,39161.7%
  • 1-unit attached250.5%
  • 2–4 units2845.2%
  • 5–49 units1582.9%
  • Mobile1,64029.8%
TypeUnitsShare
1-unit detached3,39161.7%
1-unit attached250.5%
2 units (duplex)2644.8%
3–4 units200.4%
5–9 units951.7%
10–19 units120.2%
20–49 units510.9%
50+ units00.0%
Mobile1,64029.8%

2–4 unit share 5.2% · 5–49 unit share 2.9% · combined 2–49 8.0%.

Units by bedrooms

Studio
0
1BR
215
2BR
1,165
3BR
3,607
4BR
441
5+
70

Rent burden

Rent ≥30% of income45.3%
Rent ≥50% of income35.8%
  • ACS median gross rent $1,095 (all bedrooms, occupied rentals).
  • Median contract rent $843.
  • Renters paying ≥30% of income 45.3%; ≥50% 35.8%.
  • FY2027 2BR SAFMR $1,210 (1.105× ACS median gross rent).

Population

13,521 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.0%.

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

Assisted inventory

  • LIHTC: 8 projects, 440 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 70615 39.1% of occupied households are renters; vacancy is 21.9%; ACS median gross rent is $1,095; population changed -5.0% between the 2018 and 2023 ACS vintages; the housing stock includes 284 units in 2–4-unit structures and 158 units in 5–49-unit structures; 8 LIHTC projects totaling 440 units; FY2027 2BR SAFMR is $1,210 versus ACS median gross rent of $1,095. 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 70615 is a Census / HUD profile for Lake Charles, 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 70615?

ZIP 70615 (Lake Charles, LA HUD Metro FMR Area) has 13,521 residents, 4,296 households, a renter share of 39.1%, median household income of $43,333, and ACS 2023 median gross rent of $1,095. Vacancy is 21.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 70615?

ACS counts 264 units in 2-unit buildings, 20 in 3–4 unit buildings, 95 in 5–9, 12 in 10–19, and 51 in 20–49. Combined 2–49 unit stock is 442 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 70615?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 70615 — Lake Charles, LA HUD Section 8 Payment Standards / SAFMR.

Does this Louisiana ZIP profile include Georgia listings?

No. ZIP 70615 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.