FY2027 Small Area FMR · Houma, LA

ZIP 70363 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70363 (Houma, LA) is $1,160 a month, up 0.9% from FY2026. That is 6% above the Houma-Bayou Cane-Thibodaux, LA area-wide FMR of $1,098.

2-bedroom SAFMR$1,160per month ▲ 0.9%

Area-wide 2 BR FMR$1,098Houma-Bayou Cane-Thibodaux,

Rank in the area6thof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,044

2 BR Small Area FMR$1,160

110% of SAFMR$1,276

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

Studio$810▲ 2.5%

1 BR$950▲ 1.1%

2 BR$1,160▲ 0.9%

3 BR$1,410▲ 1.4%

4 BR$1,520■ 0.0%

FY2027 FY2026

Where 70363 sits in the Houma-Bayou Cane-Thibodaux, LA area

Of the 26 ZIP codes HUD lists for the area, 70363 has the 6th 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 $1,160 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	$810	$729 – $891	$765	$790
1 bedroom	$950	$855 – $1,045	$903	$940
2 bedrooms	$1,160	$1,044 – $1,276	$1,098	$1,150
3 bedrooms	$1,410	$1,269 – $1,551	$1,335	$1,390
4 bedrooms	$1,520	$1,368 – $1,672	$1,443	$1,520

A household renting a two-bedroom home at the Small Area FMR of $1,160 needs about $46,400 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 70363 lies mainly in Terrebonne Parish. See the Houma-Bayou Cane-Thibodaux, LA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
70360	Houma	7.8 mi	$1,190
70364	Houma	8.8 mi	$1,130
70397	Theriot	8.8 mi	$1,090
70343	Bourg	9.7 mi	$1,440
70353	Dulac	10.0 mi	$1,000
70359	Gray	13.8 mi	$1,240

Questions

What is the Fair Market Rent for ZIP code 70363?

HUD's FY2027 Small Area Fair Market Rents for 70363 are $810 (studio), $950 (1 BR), $1,160 (2 BR), $1,410 (3 BR) and $1,520 (4 BR) a month.

What is the Section 8 payment standard in 70363?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70363 that range is $1,044 to $1,276 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 70363?

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.