How much is a home worth in ZIP code 71201?

The typical home in 71201 is worth $213,049, based on the Zillow Home Value Index.

Are home values rising in 71201?

Home values in 71201 are up 0.0% over the past year, and up 3.1% a year over five years.

What is the typical rent in 71201?

A typical home in 71201 rents for about $1,377 a month, a gross rental yield of 7.8%.

What is the property tax rate in 71201?

The effective property tax rate in 71201 is 0.6% — roughly $1,277 a year on a typical home.

ZIP code 71201 has a population of 21,782 and a median household income of $65,446.

HousingHandbookReference data

…

U.S. ZIP Code · LA71201

Ouachita Parish · Monroe, LA

Typical home value

$213,049^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: 0.0%
5-year / yr: +3.1%
10-year / yr: +2.4%

Relative price

vs U.S.: -25.0%
vs metro: +38.6%
vs state: +17.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 71201 is worth $213,049 — 38.6% above the Monroe, LA median. Over the past year, values have risen 0.0%. Homes here rent for a typical $1,377 a month — a 7.8% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,377^[2]
Gross yield: 7.8%^[2]
Cap rate: 4.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,277^[3]

#Climate risk

FEMA National Risk Index ratings for Ouachita Parish. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Relatively Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 21,782^[3]
Median household income: $65,446^[3]

#Migration

Household moves in and out of Ouachita Parish over a year, from IRS tax-return data.

Net migration: -351^[5]
Moved in: 2,965
Moved out: 3,316

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 4
Middle: 2
High: 2

Neville High School
High · Grades 9–12 · City of Monroe School District
1,107 students
Carroll High School
High · Grades 9–12 · City of Monroe School District
627 students
Sallie Humble Elementary School
Elementary · Grades 3–6 · City of Monroe School District
600 students
Lexington Elementary School
Elementary · Grades PK–2 · City of Monroe School District
575 students
J.S. Clark Magnet Elementary School
Elementary · Grades PK–6 · City of Monroe School District
476 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.8%

Net yield (after ~40% expenses)4.7%

Annual rent$16,529

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,077

Loan principal$170,439

Down payment$42,610

Total interest paid$217,386

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.99

Monthly cost to own$1,361

Monthly rent$1,377

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 83rd percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 89th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 71201?: The typical home in 71201 is worth $213,049, based on the Zillow Home Value Index.
Are home values rising in 71201?: Home values in 71201 are up 0.0% over the past year, and up 3.1% a year over five years.
What is the typical rent in 71201?: A typical home in 71201 rents for about $1,377 a month, a gross rental yield of 7.8%.
What is the property tax rate in 71201?: The effective property tax rate in 71201 is 0.6% — roughly $1,277 a year on a typical home.
Who lives in 71201?: ZIP code 71201 has a population of 21,782 and a median household income of $65,446.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

71291 vs 71201 →
Claiborne CDP, LA
Typical home
$217,087
Gross yield
7.2%
71234 vs 71201 →
Downsville, LA
Typical home
$206,977
Gross yield
—
71280
Sterlington, LA
Typical home
$231,284
Gross yield
—
71203
Monroe, LA
Typical home
$186,243
Gross yield
8.7%
71225
Calhoun CDP, LA
Typical home
$244,952
Gross yield
—
71241
Farmerville, LA
Typical home
$180,133
Gross yield
—

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Pit ZIP 71201 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · LA71201

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