FY2027 Small Area FMR · Thibodaux, LA
ZIP 70301 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70301 (Thibodaux, LA) is $1,110 a month, unchanged from FY2026. That is 19% above the Assumption Parish, LA area-wide FMR of $932.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 70301 sits in the Assumption Parish, LA area
Of the 9 ZIP codes HUD lists for the area, 70301 has the 2nd highest two-bedroom Small Area FMR. Assumption Parish, 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 $932 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,110 for this ZIP code instead.
ZIP code 70301 crosses more than one HUD area. HUD also lists it under Houma-Bayou Cane-Thibodaux, LA (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $770 | $693 – $847 | $758 | $770 |
| 1 bedroom | $910 | $819 – $1,001 | $762 | $910 |
| 2 bedrooms | $1,110 | $999 – $1,221 | $932 | $1,110 |
| 3 bedrooms | $1,350 | $1,215 – $1,485 | $1,242 | $1,340 |
| 4 bedrooms | $1,460 | $1,314 – $1,606 | $1,495 | $1,470 |
A household renting a two-bedroom home at the Small Area FMR of $1,110 needs about $44,400 a year to keep housing costs at 30% of income. The area median family income is $77,600 and the 80% low-income limit for four people is $62,100. ZIP code 70301 lies mainly in Lafourche Parish, Assumption Parish and Terrebonne Parish. See the Assumption Parish, LA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 70301?
HUD's FY2027 Small Area Fair Market Rents for 70301 are $770 (studio), $910 (1 BR), $1,110 (2 BR), $1,350 (3 BR) and $1,460 (4 BR) a month.
What is the Section 8 payment standard in 70301?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70301 that range is $999 to $1,221 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 70301?
The FY2026 income limits of the Assumption Parish, LA area apply: median family income $77,600, low-income (80%) limit $62,100 for a family of four.