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MarketsLouisianaFort Polk SouthRent Analysis

Rent Analysis: 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

Rent Overview

The median monthly rent in Fort Polk South, LA is $1,230, translating to $14,760 in annual gross rental income per unit. The rent-to-price ratio is 0.77% — below the 1% rule but within a range where deals can work with good financing.

Rent Affordability

Renters in Fort Polk South spend approximately 32% of the local median household income ($45,760) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.

Vacancy & Tenant Demand

The vacancy rate in Fort Polk South is 6.7%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.3% annually provides stable demand.

Gross Rent Multiplier

Fort Polk South's GRM (price divided by annual rent) is 10.8x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,230/mo, a single-family rental in Fort Polk South generates approximately $14,760 in gross annual income. After accounting for 6.7% vacancy ($989 lost), property taxes of $864, insurance (~$640), and maintenance (~$640), the estimated NOI is $11,627 per year, or $969/mo.

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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

What is the average rent in Fort Polk South, LA?
The median monthly rent in Fort Polk South is $1,230, or $14,760 per year. This is 19% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Fort Polk South a good rental market for landlords?
With a rent-to-price ratio of 0.77%, Fort Polk South falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 6.7% vacancy rate is moderate.
How does Fort Polk South rent compare to Louisiana averages?
Fort Polk South's median rent of $1,230/mo is 2% above the Louisiana average of $1,203/mo. Home prices at $160K are below the state average of $190K, giving Fort Polk South a rent-to-price ratio of 0.77% vs 0.63% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Fort Polk South's ratio is 0.77%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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More Fort Polk South Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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