Income Limits by County

FY2027 Fair Market Rent · Louisiana

Lafayette Parish Fair Market Rent & Income Limits

HUD's FY2027 Fair Market Rent for a two-bedroom home in Lafayette Parish, LA is $1,092 a month, up 7.2% from FY2026. The area median family income is $90,300, and a family of four counts as low income up to $72,250 a year.

2-bedroom FMR$1,092per month ▲ 7.2%
Median family income$90,300FY2026 ▲ 6.6%
80% limit, 4 people$72,250low income

Fair Market Rent by unit size

FY2027 FY2026

Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.

Check your household

Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Lafayette Parish, LA.

Low income (80% limit)

A household of 4 earning $70,250 is under the 80% limit of $72,250 for this area. At 30% of income it could pay about $1,756 a month for rent and utilities.

This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.

Income limits in Lafayette Parish

HUD's FY2026 income limits for Lafayette, LA are based on a median family income of $90,300. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.

FY2026 income limits by household size (yearly gross income)
PeopleExtremely low30% / povertyVery low50%60% (LIHTC)MTSPLow income80%
1$19,000$31,650$37,980$50,600
2$21,700$36,150$43,380$57,800
3$27,320$40,650$48,780$65,050
4$33,000$45,150$54,180$72,250
5$38,680$48,800$58,560$78,050
6$44,360$52,400$62,880$83,850
7$50,040$56,000$67,200$89,600
8$55,720$59,600$71,520$95,400

Rent history

Since FY2017 the two-bedroom FMR here has gone from $843 to $1,092, up 29.5% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $301.

2-bedroom Fair Market Rent, 2001 to 2027$0$400$800$1,200$1,600200520102015202020252027$1,092FY2001: $405FY2002: $419FY2003: $430FY2004: $431FY2005: $490FY2006: $548FY2007: $570FY2008: $618FY2009: $661FY2010: $703FY2011: $725FY2012: $698FY2013: $772FY2014: $791FY2015: $754FY2016: $877FY2017: $843FY2018: $865FY2019: $842FY2020: $912FY2021: $901FY2022: $890FY2023: $984FY2024: $1,034FY2025: $1,052FY2026: $1,019FY2027: $1,092

What it takes to afford the rent

To keep a two-bedroom rent of $1,092 at no more than 30% of income, the usual affordability rule, a household needs about $43,700 a year. That is 48% of the area median family income of $90,300, so a typical family can afford it with room to spare.

Fair Market Rent by year (monthly gross rent incl. utilities)
UnitFY2027FY2026FY2025Income to affordat 30%
Studio$835$779$740$33,400
1 bedroom$971$898$930$38,800
2 bedrooms$1,092$1,019$1,052$43,700
3 bedrooms$1,375$1,301$1,322$55,000
4 bedrooms$1,607$1,581$1,736$64,300

How Lafayette Parish compares

Lafayette Parish is part of the Lafayette, LA HUD Metro FMR Area, together with St. Martin Parish. HUD publishes one Fair Market Rent and one set of income limits for the whole area, so the numbers on this page apply in every county of it.

Lafayette Parish has the 23rd highest two-bedroom Fair Market Rent of the 64 counties in Louisiana; the population-weighted average across Louisiana is $1,161 and the nationwide average is $1,751.

Tangipahoa Parish $1,097Lafourche Parish $1,098Terrebonne Parish $1,098Vernon Parish $1,102Bossier Parish $1,045Caddo Parish $1,045

All 64 counties in Louisiana →

Small Area FMRs by ZIP code

HUD also publishes Small Area Fair Market Rents for each ZIP code. In Lafayette Parish the two-bedroom figure ranges from $920 to $1,290 across 17 ZIP codes, against the area-wide $1,092. This area is not on HUD's list of mandatory Small Area FMR areas, so most agencies here use the area-wide FMR; an agency may still opt in to ZIP-level rents.

ZIPPlace2 BR SAFMR110% payment std.
70508Lafayette$1,290$1,419
70558Milton$1,280$1,408
70503Lafayette$1,190$1,309
70506Lafayette$1,170$1,287
70592Youngsville$1,120$1,232
70502Lafayette$1,110$1,221
70504Lafayette$1,110$1,221
70505Lafayette$1,110$1,221
70509Lafayette$1,110$1,221
70596Lafayette$1,110$1,221
70598Lafayette$1,110$1,221
70520Carencro$1,090$1,199
70518Broussard$1,080$1,188
70501Lafayette$1,010$1,111
70507Lafayette$1,000$1,100
70583Scott$1,000$1,100
70529Duson$920$1,012

Questions

What is the Fair Market Rent in Lafayette Parish, LA for 2027?

For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in Lafayette Parish, LA are $835 for a studio, $971 for one bedroom, $1,092 for two bedrooms, $1,375 for three and $1,607 for four bedrooms, per month including utilities.

What is the area median income in Lafayette Parish, LA?

HUD's FY2026 median family income for the area is $90,300, up 6.6% from $84,700 in FY2025.

What is 80% of AMI in Lafayette Parish, LA for a family of 4?

The FY2026 low-income limit (80%) for a household of four is $72,250 a year. The very low-income limit (50%) is $45,150 and the extremely low-income limit is $33,000.

What is the 60% AMI limit for tax credit housing in Lafayette Parish, LA?

Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $37,980 for one person and $54,180 for four.

Is the Fair Market Rent the same as the Section 8 payment standard?

No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $983 to $1,201), and can ask HUD for exceptions. Check the payment standard with your local housing agency.