Logo Iberia Parish Fair Market Rent FY 2016 Iberia Parish, LA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Iberia Parish, LA :
$525 $529 $708 $879 $970
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 Iberia Parish are average compared to the national average. This FMR area is more expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Iberia Parish is $708 per month.

This FMR rate applies to Avery Island, LA, Lydia, LA, Loreauville, LA, Delcambre, LA, Erath, LA, Jeanerette, LA, Broussard, LA, Youngsville, LA, Saint Martinville, LA, New Iberia, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO29180N22045.

Additionally, This Fair Market Rent (FMR) area Iberia Parish, LA HUD Metro FMR Area spans one county or city in Louisiana which is listed in the table below. Estimated population of Iberia Parish, LA HUD Metro FMR Area FMR area is 73,240 people based on 2010 Census data.

Compared to the rest of Louisiana, the Iberia Parish FMR area is more expensive than 73% 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 Iberia Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Iberia 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 $ 547
1-BR 1-Bedroom $ 551
2-BR 2-Bedroom $ 737
3-BR 3-Bedroom $ 915
4-BR 4-Bedroom $ 1010
Change Year:

There is just one county (listed below) within the Iberia 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
Iberia Parish, LA Metro 73,240
Zip Codes in Iberia Parish, LA HUD Metro FMR Area

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

70513, 70518, 70528, 70533, 70544, 70552, 70560, 70562, 70563, 70569, 70582 and 70592

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