Logo Hammond Fair Market Rent FY 2021 Hammond, LA MSA Rental Data

Fair Market Rent Prices in Hammond, LA :
$689 $693 $891 $1,108 $1,208
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Hammond are high compared to the national average. This FMR area is more expensive than 76% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hammond is $891 per month.

The previous year, rent for a two-bedroom home was $871 per month. This is a 2.3% increase year-over-year.

This FMR rate applies to Akers, LA, Husser, LA, Tangipahoa, LA, Robert, LA, Natalbany, LA, Roseland, LA, Loranger, LA, Hammond, LA, Ponchatoula, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO25220M25220.

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

Compared to the rest of Louisiana, the Hammond FMR area is more expensive than 84% 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 Hammond. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hammond

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 $ 722
1-BR 1-Bedroom $ 727
2-BR 2-Bedroom $ 934
3-BR 3-Bedroom $ 1162
4-BR 4-Bedroom $ 1267
Change Year:

There is just one county (listed below) within the Hammond, LA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: New Orleans.

County / Region Est. Population
Tangipahoa Parish, LA Metro 0
Zip Codes in Hammond, LA MSA

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

70401, 70402, 70404, 70421, 70442, 70446, 70451, 70454, 70455, 70456 and 70465

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