Logo Franklin Parish Fair Market Rent FY 2020 Franklin Parish, LA Rental Data

Fair Market Rent Prices in Franklin Parish, LA :
$536 $539 $710 $885 $1,039
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Franklin Parish are very low compared to the national average. This FMR area is less expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Franklin Parish is $710 per month.

The previous year, rent for a two-bedroom home was $641 per month. This is a 10.76% increase year-over-year.

This FMR rate applies to Chase, LA, Crowville, LA, Fort Necessity, LA, Jigger, LA, Baskin, LA, Gilbert, LA, Wisner, LA, Delhi, LA, Rayville, LA, Winnsboro, LA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY22041N22041.

Additionally, This Fair Market Rent (FMR) area Franklin Parish, LA spans one county or city in Louisiana which is listed in the table below. Estimated population of Franklin Parish, LA FMR area is 0 people based on 2000 Census data.

Compared to the rest of Louisiana, the Franklin Parish FMR area is less expensive than 96% 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 Franklin Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Franklin 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 $ 536
1-BR 1-Bedroom $ 539
2-BR 2-Bedroom $ 710
3-BR 3-Bedroom $ 885
4-BR 4-Bedroom $ 1039
Change Year:

There is just one county (listed below) within the Franklin Parish, LA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Monroe - El Dorado.

County / Region Est. Population
Franklin Parish, LA 0
Zip Codes in Franklin Parish, LA

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

71219, 71230, 71232, 71243, 71249, 71269, 71295, 71324, 71336 and 71378

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