Logo Richland Parish Fair Market Rent FY 2022 Richland Parish, LA Rental Data

Fair Market Rent Prices in Richland Parish, LA :
$525 $529 $696 $860 $1,166
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Non-Metro

Fair Market Rent prices in Richland Parish are very low compared to the national average. This FMR area is less expensive than 86% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Richland Parish is $696 per month.

The previous year, rent for a two-bedroom home was $725 per month. This is a 4% decrease year-over-year.

This FMR rate applies to Archibald, LA, Start, LA, Mangham, LA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY22083N22083.

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

Compared to the rest of Louisiana, the Richland 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 Richland Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Richland 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 $ 550
2-BR 2-Bedroom $ 724
3-BR 3-Bedroom $ 895
4-BR 4-Bedroom $ 1213
Change Year:

There is just one county (listed below) within the Richland 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
, LA 0
Zip Codes in Richland Parish, LA

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

71218, 71259 and 71279

Lookup Fair Market Rent by Zip Code