Lake Charles Fair Market Rent FY 2017 Lake Charles, LA MSA Rental Data

Fair Market Rent prices in Lake Charles are average compared to the national average. This FMR area is more expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lake Charles is $786 per month.

The previous year, rent for a two-bedroom home was $762 per month. This is a 3.15% increase year-over-year.

This FMR rate applies to Hayes, LA, Bell City, LA, Vinton, LA, Iowa, LA, Westlake, LA, Sulphur, LA, Lake Charles, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO29340M29340.

Additionally, This Fair Market Rent (FMR) area Lake Charles, LA MSA spans one county or city in Louisiana which is listed in the table below. Estimated population of Lake Charles, LA MSA FMR area is 192,768 people based on latest Census data.

Compared to the rest of Louisiana, the Lake Charles FMR area is more expensive than 79% of the state.

Median Rent Prices in Lake Charles

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: