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MarketsLouisianaFort Polk SouthRental Property Investment Guide

Rental Property Investment Guide: Fort Polk South, LA

Updated 2026 · Based on median market data for Fort Polk South, LA

Cap Rate
7.27%
Median Price
$160K
Rent/Mo
$1,230
1% Rule
0.77%
Fails

Market Snapshot

Fort Polk South sits in the South with a population of 50,000 growing at 0.3% annually. The median home costs $160,000 while rents average $1,230/mo, producing an estimated cap rate of 7.27%. This puts Fort Polk South in the upper tier of investable US markets.

Who Should Invest Here

Fort Polk South is ideal for cash flow investors, BRRRR practitioners, and anyone building a portfolio of affordable, income-producing rentals. The low price point ($160,000) means you can get started with a $32,000 down payment, and the 7.27% cap rate should produce positive cash flow even with conservative financing.

Deal Criteria for Fort Polk South

Target properties priced 15-25% below the $160,000 median — around $128,000 or less. At this price point with $1,230/mo rents, your cap rate improves to roughly 9.4%. Factor in 0.54% property taxes ($864/yr), budget 5% of gross rent for maintenance, and underwrite to a 6.7% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,023.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Fort Polk South property using our cap rate calculator (pre-filled with Fort Polk South data). Compare Fort Polk South against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Fort Polk South Compares

Fort Polk South vs Louisiana state average and national average across key investment metrics. Fort Polk South outperforms both benchmarks on cap rate.

Metric
Fort Polk South
Louisiana Avg
National Avg
Cap Rate
7.27%
5.85%
3.81%
Median Price
$160K
$190K
$333K
Median Rent
$1,230
$1,203
$1,524
Property Tax
0.54%
0.54%
1.08%
Vacancy
6.7%
6.7%
5.6%
Pop. Growth
0.3%/yr
0.3%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Fort Polk South, LA
7.3%
$160K
$1,230
0.54%
Albany, GA
5.7%
$160K
$1,050
0.93%
Alexandria, LA
5.8%
$160K
$1,020
0.54%
Cumberland, MD
5.4%
$160K
$1,020
1.04%
Danville, VA
6.5%
$160K
$1,150
0.86%

Frequently Asked Questions

Is Fort Polk South, LA a good place to invest in rental property?
Fort Polk South has an estimated cap rate of 7.27%, which is above the national average of 3.81%. With median home prices at $160K and rents of $1,230/mo, Fort Polk South offers strong cash flow fundamentals for rental investors. Population growth of 0.3% and 6.7% vacancy rate suggest moderate rental demand.
What is the average cap rate in Fort Polk South?
The estimated cap rate for Fort Polk South is 7.27%, based on median home prices of $160K, median rents of $1,230/mo, a 0.54% property tax rate, and 6.7% vacancy. This compares to a 5.85% average across Louisiana and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Fort Polk South?
The median home price in Fort Polk South is $160,000, which is 52% below the national average of $333,419. A 20% down payment would be approximately $32,000. Investment properties in Fort Polk South range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Fort Polk South property taxes for investors?
Fort Polk South's effective property tax rate is 0.54%, which is above the Louisiana average of 0.54% and below the national average of 1.08%. On a $160K property, annual taxes are approximately $864 ($72/mo). Low property taxes are a significant cash flow advantage here.
Full Fort Polk South Analysis →Cap Rate CalculatorBRRRR Calculator

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