FY2027 Small Area FMR · Chalmette, LA

ZIP 70043 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70043 (Chalmette, LA) is $1,340 a month, unchanged from FY2026. That is 9% below the New Orleans-Metairie, LA area-wide FMR of $1,480.

2-bedroom SAFMR$1,340per month ■ 0.0%

Area-wide 2 BR FMR$1,480New Orleans-Metairie, LA

Rank in the area94thof 106 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,206

2 BR Small Area FMR$1,340

110% of SAFMR$1,474

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$990▲ 2.1%

1 BR$1,110▼ 0.9%

2 BR$1,340■ 0.0%

3 BR$1,720▲ 0.6%

4 BR$2,020▲ 1.0%

FY2027 FY2026

Where 70043 sits in the New Orleans-Metairie, LA area

Of the 106 ZIP codes HUD lists for the area, 70043 has the 94th highest two-bedroom Small Area FMR. New Orleans-Metairie, LA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,480 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,340 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$990	$891 – $1,089	$1,096	$970
1 bedroom	$1,110	$999 – $1,221	$1,229	$1,120
2 bedrooms	$1,340	$1,206 – $1,474	$1,480	$1,340
3 bedrooms	$1,720	$1,548 – $1,892	$1,900	$1,710
4 bedrooms	$2,020	$1,818 – $2,222	$2,233	$2,000

A household renting a two-bedroom home at the Small Area FMR of $1,340 needs about $53,600 a year to keep housing costs at 30% of income. The area median family income is $88,600 and the 80% low-income limit for four people is $70,900. ZIP code 70043 lies mainly in St. Bernard Parish. See the New Orleans-Metairie, LA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
70032	Arabi	2.2 mi	$1,210
70075	Meraux	2.6 mi	$1,360
70131	New Orleans	2.9 mi	$1,310
70114	New Orleans	4.2 mi	$1,430
70117	New Orleans	4.2 mi	$1,500
70127	New Orleans	5.3 mi	$1,360

Questions

What is the Fair Market Rent for ZIP code 70043?

HUD's FY2027 Small Area Fair Market Rents for 70043 are $990 (studio), $1,110 (1 BR), $1,340 (2 BR), $1,720 (3 BR) and $2,020 (4 BR) a month.

What is the Section 8 payment standard in 70043?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70043 that range is $1,206 to $1,474 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 70043?

The FY2026 income limits of the New Orleans-Metairie, LA area apply: median family income $88,600, low-income (80%) limit $70,900 for a family of four.