Logo Acadia Parish Fair Market Rent FY 2023 Acadia Parish, LA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Acadia Parish, LA :
$510 $580 $763 $1,007 $1,098
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Acadia Parish are very low compared to the national average. This FMR area is less expensive than 94% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Acadia Parish is $763 per month.

The previous year, rent for a two-bedroom home was $696 per month. This is a 9.63% increase year-over-year.

This FMR rate applies to Evangeline, LA, Mermentau, LA, Estherwood, LA, Egan, LA, Branch, LA, Morse, LA, Basile, LA, Iota, LA, Duson, LA, Scott, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO29180N22001.

Additionally, This Fair Market Rent (FMR) area Acadia Parish, LA HUD Metro FMR Area spans one county or city in Louisiana which is listed in the table below. Estimated population of Acadia Parish, LA HUD Metro FMR Area FMR area is 62,371 people based on latest Census data.

Compared to the rest of Louisiana, the Acadia Parish FMR area is less expensive than 75% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Acadia Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Acadia Parish

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.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 557
1-BR 1-Bedroom $ 633
2-BR 2-Bedroom $ 833
3-BR 3-Bedroom $ 1100
4-BR 4-Bedroom $ 1198
Change Year:

There is just one county (listed below) within the Acadia Parish, LA HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Lafayette, La.

County / Region Est. Population
Acadia Parish, LA Metro 62,371
Zip Codes in Acadia Parish, LA HUD Metro FMR Area

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

70515, 70516, 70525, 70526, 70529, 70531, 70534, 70535, 70537, 70543, 70546, 70556, 70559, 70578 and 70583

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