FY2027 Small Area FMR · Thibodaux, LA
ZIP 70302 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70302 (Thibodaux, LA) is $1,040 a month, down 1.0% from FY2026. That is 5% below the Houma-Bayou Cane-Thibodaux, LA area-wide FMR of $1,098.
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 70302 sits in the Houma-Bayou Cane-Thibodaux, LA area
Of the 26 ZIP codes HUD lists for the area, 70302 has the 13th highest two-bedroom Small Area FMR. Houma-Bayou Cane-Thibodaux, 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 $1,098 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $720 | $648 – $792 | $765 | $720 |
| 1 bedroom | $850 | $765 – $935 | $903 | $860 |
| 2 bedrooms | $1,040 | $936 – $1,144 | $1,098 | $1,050 |
| 3 bedrooms | $1,260 | $1,134 – $1,386 | $1,335 | $1,270 |
| 4 bedrooms | $1,370 | $1,233 – $1,507 | $1,443 | $1,390 |
A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $86,600 and the 80% low-income limit for four people is $66,550. ZIP code 70302 lies mainly in Lafourche Parish. See the Houma-Bayou Cane-Thibodaux, LA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 70302?
HUD's FY2027 Small Area Fair Market Rents for 70302 are $720 (studio), $850 (1 BR), $1,040 (2 BR), $1,260 (3 BR) and $1,370 (4 BR) a month.
What is the Section 8 payment standard in 70302?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70302 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 70302?
The FY2026 income limits of the Houma-Bayou Cane-Thibodaux, LA area apply: median family income $86,600, low-income (80%) limit $66,550 for a family of four.