Income Limits by County

FY2027 Small Area FMR · Bourg, LA

ZIP 70343 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70343 (Bourg, LA) is $1,440 a month, up 38.5% from FY2026. That is 31% above the Houma-Bayou Cane-Thibodaux, LA area-wide FMR of $1,098.

2-bedroom SAFMR$1,440per month ▲ 38.5%
Area-wide 2 BR FMR$1,098Houma-Bayou Cane-Thibodaux,
Rank in the area2ndof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,296
2 BR Small Area FMR$1,440
110% of SAFMR$1,584

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

FY2027 FY2026

Where 70343 sits in the Houma-Bayou Cane-Thibodaux, LA area

$1,000$2,020median $1,040

Of the 26 ZIP codes HUD lists for the area, 70343 has the 2nd 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 $1,440 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,000$900 – $1,100$765$710
1 bedroom$1,180$1,062 – $1,298$903$850
2 bedrooms$1,440$1,296 – $1,584$1,098$1,040
3 bedrooms$1,750$1,575 – $1,925$1,335$1,250
4 bedrooms$1,890$1,701 – $2,079$1,443$1,370

A household renting a two-bedroom home at the Small Area FMR of $1,440 needs about $57,600 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 70343 lies mainly in Lafourche Parish and Terrebonne Parish. See the Houma-Bayou Cane-Thibodaux, LA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
70374Lockport5.1 mi$1,070
70364Houma9.3 mi$1,130
70363Houma9.7 mi$1,160
70375Mathews10.0 mi$1,000
70394Raceland10.6 mi$1,000
70355Gheens12.8 mi$1,360

Questions

What is the Fair Market Rent for ZIP code 70343?

HUD's FY2027 Small Area Fair Market Rents for 70343 are $1,000 (studio), $1,180 (1 BR), $1,440 (2 BR), $1,750 (3 BR) and $1,890 (4 BR) a month.

What is the Section 8 payment standard in 70343?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70343 that range is $1,296 to $1,584 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 70343?

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.