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71459

ZIPSAFMR
Vernon Parish, LA
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$820$820
1 BR$900$900
2 BR$1,180$1,220
3 BR$1,490$1,360
4 BR$1,670$1,410
5 BR$1,920Not available
6 BR$2,209Not available
7 BR$2,540Not available
8 BR$2,921Not available

Purchase Price Calculator

Maximum purchase price
$119,375

Cost breakdown

+Likely effective rent$1,220
HUD FMR$1,180
Market rent$1,240
Est. payment standard (103%)Used$1,220
-Principal and interest-$604
Loan amount$95,500
Down payment$23,875
Rate6.50%
Term30 years
-Operating costs-$416
Property taxes-$119
Insurance-$175
Utilities$0
HOA$0
Management-$122
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,800(82.9% ROI)
Projected value
$128,554
Return breakdown
Property appreciation+$9,179
Loan principal paid down+$3,422
Rental cash flow+$7,200
5-year hold
+$33,788(141.5% ROI)
Projected value
$135,062
Return breakdown
Property appreciation+$15,687
Loan principal paid down+$6,102
Rental cash flow+$12,000
10-year hold
+$71,974(301.5% ROI)
Projected value
$152,810
Return breakdown
Property appreciation+$33,435
Loan principal paid down+$14,539
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

2 BR
0.95
3 BR
1.10
4 BR
1.18
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 71459 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 71459 (Fort Polk, LA) is $1,180 a month. That is up 5.4% from $1,120 in FY 2026. Fort Polk is in the Vernon Parish, LA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,102. Among 16 ZIP codes in Vernon Parish, 71459 has the 2nd-highest two-bedroom rent (county range $950–$1,510). The median county two-bedroom FMR in Louisiana is $995, so ZIP 71459 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 71459
BedroomsFY 2027Change90–110% range
Studio$820−3.5%$738–$902
1BR$900+4.7%$810–$990
2BR$1,180+5.4%$1,062–$1,298
3BR$1,490+3.5%$1,341–$1,639
4BR$1,670+6.4%$1,503–$1,837

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 71459
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$820$900$1,180$1,490$1,670
FY 2026$850$860$1,120$1,440$1,570
FY 2025$940$950$1,240$1,590$1,710
FY 2024area FMR$789$794$1,043$1,342$1,465
FY 2023area FMR$725$730$961$1,209$1,369

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Vernon Parish ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 71459
70659$1,030−12.7%
71403$1,510+28.0%
71429$950−19.5%
71438$1,030−12.7%
71439$1,120−5.1%
71446$1,020−13.6%
71447$950−19.5%
71459Current$1,180—
71461$950−19.5%
71474$1,020−13.6%
71475$1,100−6.8%
71496$1,100−6.8%

Questions about ZIP 71459 rents

How much will Section 8 pay for a two-bedroom in ZIP 71459?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,102, which applies unless the housing authority uses Small Area FMRs, that basic range is $992 to $1,212 a month; under the ZIP-level Small Area FMR of $1,180 it would be $1,062 to $1,298. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 71459 in?

ZIP 71459 is in the Vernon Parish, LA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,102.

How much did fair market rent change in ZIP 71459 for FY 2027?

The two-bedroom FMR rose 5.4%, from $1,120 in FY 2026 to $1,180 in FY 2027. Since FY 2025 it has fallen 4.8%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set