HousingHandbookReference data

U.S. ZIP Code · LA71291

Ouachita Parish · Monroe, LA

Typical home value

$217,087[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.9%
5-year / yr
+3.3%
10-year / yr
+2.4%

Relative price

vs U.S.
-23.6%
vs metro
+41.2%
vs state
+19.5%
ZIP 71291 location in LA
Location of ZIP 71291 in LA

Price history

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

The typical home in 71291 is worth $217,087 — 41.2% above the Monroe, LA median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,299 a month — a 7.2% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent
$1,299[2]
Gross yield
7.2%[2]
Cap rate
4.3%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$1,095[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
35,269[3]
Median household income
$71,639[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
10
Elementary
7
Middle
2
High
1
  • West Monroe High School

    High · Grades 8–12 · Ouachita Parish

    2,160 students

  • Claiborne School

    Elementary · Grades PK–5 · Ouachita Parish

    749 students

  • West Ridge Middle School

    Middle · Grades 6–8 · Ouachita Parish

    700 students

  • Good Hope Middle School

    Middle · Grades 6–8 · Ouachita Parish

    587 students

  • Drew Elementary School

    Elementary · Grades PK–5 · Ouachita Parish

    545 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.

Gross yield7.2%
Net yield (after ~40% expenses)4.3%
Annual rent$15,584

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.

Monthly payment$1,098
Loan principal$173,669
Down payment$43,417
Total interest paid$221,506

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.

Own : rent ratio1.05
Monthly cost to own$1,369
Monthly rent$1,299

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
100th percentile[1]
Rental yield
0th percentile[2]
Property tax
83rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 71291?
The typical home in 71291 is worth $217,087, based on the Zillow Home Value Index.
Are home values rising in 71291?
Home values in 71291 are up 1.9% over the past year, and up 3.3% a year over five years.
What is the typical rent in 71291?
A typical home in 71291 rents for about $1,299 a month, a gross rental yield of 7.2%.
What is the property tax rate in 71291?
The effective property tax rate in 71291 is 0.5% — roughly $1,095 a year on a typical home.
Who lives in 71291?
ZIP code 71291 has a population of 35,269 and a median household income of $71,639.

#Comparable ZIPs

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

  • Monroe, LA

    Typical home
    $213,049
    Gross yield
    7.8%
  • Downsville, LA

    Typical home
    $206,977
    Gross yield
  • Sterlington, LA

    Typical home
    $231,284
    Gross yield
  • Calhoun CDP, LA

    Typical home
    $244,952
    Gross yield
  • Monroe, LA

    Typical home
    $186,243
    Gross yield
    8.7%
  • Farmerville, LA

    Typical home
    $180,133
    Gross yield

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