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RentData.org Logo Vermilion Parish Fair Market Rent FY 2016 Vermilion Parish, LA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Vermilion Parish, LA :
$401 $548 $634 $895 $995
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 Vermilion Parish are low compared to the national average. This FMR area is less expensive than 65% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Vermilion Parish is $634 per month.

This FMR rate applies to Perry, LA, Kaplan, LA, Abbeville, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO29180N22113.

Additionally, This Fair Market Rent (FMR) area Vermilion Parish, LA HUD Metro FMR Area spans one county or city in Louisiana which is listed in the table below. Estimated population of Vermilion Parish, LA HUD Metro FMR Area FMR area is 57,999 people based on 2010 Census data.

Compared to the rest of Louisiana, the Vermilion Parish FMR area is more expensive than 71% 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 Vermilion Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Vermilion 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 $ 442
1-BR 1-Bedroom $ 603
2-BR 2-Bedroom $ 698
3-BR 3-Bedroom $ 985
4-BR 4-Bedroom $ 1096
Change Year:

There is just one county (listed below) within the Vermilion 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
Vermilion Parish, LA Metro 57,999
Zip Codes in Vermilion Parish, LA HUD Metro FMR Area

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

70510, 70548 and 70575

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