Logo Morehouse Parish Fair Market Rent FY 2019 Morehouse Parish, LA Rental Data

Fair Market Rent Prices in Morehouse Parish, LA :
$536 $560 $641 $897 $952
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 Morehouse Parish are very low compared to the national average. This FMR area is less expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Morehouse Parish is $641 per month.

The previous year, rent for a two-bedroom home was $680 per month. This is a 5.74% decrease year-over-year.

This FMR rate applies to Bonita, LA, Jones, LA, Oak Ridge, LA, Mer Rouge, LA, Collinston, LA, Sterlington, LA, Bastrop, LA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY22067N22067.

Additionally, This Fair Market Rent (FMR) area Morehouse Parish, LA spans one county or city in Louisiana which is listed in the table below. Estimated population of Morehouse Parish, LA FMR area is 27,979 people based on 2010 Census data.

Compared to the rest of Louisiana, the Morehouse Parish FMR area is less expensive than 63% 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 Morehouse Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Morehouse 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 $ 560
2-BR 2-Bedroom $ 641
3-BR 3-Bedroom $ 897
4-BR 4-Bedroom $ 952
Change Year:

There is just one county (listed below) within the Morehouse 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
Morehouse Parish, LA 27,979
Zip Codes in Morehouse Parish, LA

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

71220, 71223, 71229, 71250, 71261, 71264 and 71280

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