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RentData.org Logo Louisiana Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in Louisiana:
$620 $664 $823 $1,076 $1,215
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Louisiana (LA) has the 38th highest rent in the country out of 56 states and territories. The Fair Market Rent in Louisiana ranges from $740 for a 2-bedroom apartment in Allen Parish, LA to $1,182 for a 2-bedroom unit in New Orleans-Metairie, LA HUD Metro FMR Area.

For FY 2023, the New Orleans-Metairie, LA HUD Metro FMR Area (Jefferson Parish) rent for a studio or efficiency is $848 per month and $1,770 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Louisiana is $823 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Louisiana is around 2,577,003 people. So, there are around 386,550 people in Louisiana who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Louisiana. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Louisiana Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Louisiana
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Acadia Parish, LA HUD Metro FMR Area Metro $510 $580 $763 $1,007 $1,098 62,371
Allen Parish, LA $567 $587 $740 $962 $1,120 25,572
Baton Rouge, LA HUD Metro FMR Area Metro $859 $876 $1,005 $1,266 $1,644 125,061
Assumption Parish, LA HUD Metro FMR Area Metro $707 $729 $823 $1,141 $1,345 22,236
Avoyelles Parish, LA $583 $587 $773 $1,011 $1,097 40,465
Beauregard Parish, LA $677 $689 $782 $1,060 $1,332 37,387
Bienville Parish, LA $567 $655 $740 $1,052 $1,230 13,391
Shreveport-Bossier City, LA MSA Metro $708 $857 $1,009 $1,258 $1,389 126,952
Lake Charles, LA MSA Metro $756 $767 $983 $1,235 $1,322 202,858
Caldwell Parish, LA $670 $675 $888 $1,081 $1,193 9,959
Catahoula Parish, LA $567 $650 $740 $1,052 $1,076 9,586
Claiborne Parish, LA $564 $567 $747 $909 $1,086 15,854
Concordia Parish, LA $567 $655 $740 $990 $994 19,533
East Carroll Parish, LA $558 $562 $740 $1,006 $1,090 6,947
Evangeline Parish, LA $567 $592 $740 $933 $994 33,491
Franklin Parish, LA $629 $633 $740 $946 $994 20,109
Alexandria, LA MSA Metro $601 $683 $899 $1,219 $1,307 22,339
Iberia Parish, LA HUD Metro FMR Area Metro $700 $704 $927 $1,180 $1,448 70,763
Iberville Parish, LA HUD Metro FMR Area Metro $687 $708 $800 $1,137 $1,308 32,626
Jackson Parish, LA $567 $651 $740 $990 $994 15,822
New Orleans-Metairie, LA HUD Metro FMR Area Metro $848 $1,002 $1,182 $1,524 $1,770 434,903
Jefferson Davis Parish, LA $605 $646 $740 $1,052 $1,076 31,425
Lafayette, LA HUD Metro FMR Area Metro $658 $871 $984 $1,291 $1,670 243,692
Houma-Thibodaux, LA MSA Metro $656 $780 $981 $1,266 $1,428 97,980
La Salle Parish, LA $558 $562 $740 $944 $1,041 14,950
Lincoln Parish, LA $538 $663 $805 $1,050 $1,371 47,118
Madison Parish, LA $563 $566 $740 $1,026 $1,247 11,137
Morehouse Parish, LA HUD Metro FMR Area Metro $609 $613 $740 $941 $1,260 25,189
Natchitoches Parish, LA $570 $648 $853 $1,080 $1,146 38,505
Monroe, LA HUD Metro FMR Area Metro $665 $669 $881 $1,093 $1,184 154,679
Red River Parish, LA $566 $570 $750 $913 $1,058 8,462
Richland Parish, LA $560 $564 $742 $903 $1,149 20,251
Sabine Parish, LA $540 $614 $808 $983 $1,085 23,915
St. James Parish, LA HUD Metro FMR Area Metro $609 $644 $848 $1,205 $1,271 21,142
St. Landry Parish, LA $558 $562 $740 $958 $1,143 82,786
St. Mary Parish, LA $612 $680 $865 $1,109 $1,327 50,020
Hammond, LA MSA Metro $775 $780 $996 $1,212 $1,338 133,753
Tensas Parish, LA $558 $562 $740 $1,052 $1,076 4,435
Vermilion Parish, LA HUD Metro FMR Area Metro $581 $722 $815 $1,040 $1,095 59,787
Vernon Parish, LA $725 $730 $961 $1,209 $1,369 49,315
Washington Parish, LA $627 $655 $740 $1,052 $1,141 46,325
Webster Parish, LA $558 $562 $740 $999 $1,002 38,813
West Carroll Parish, LA $558 $562 $740 $981 $1,076 10,934
Winn Parish, LA $567 $579 $740 $1,023 $1,055 14,165
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