FY2027 Small Area FMR · Theriot, LA

ZIP 70397 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70397 (Theriot, LA) is $1,090 a month, unchanged from FY2026. That is 1% below the Houma-Bayou Cane-Thibodaux, LA area-wide FMR of $1,098.

2-bedroom SAFMR$1,090per month ■ 0.0%

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

Rank in the area11thof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$981

2 BR Small Area FMR$1,090

110% of SAFMR$1,199

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

Studio$760▲ 1.3%

1 BR$900▲ 1.1%

2 BR$1,090■ 0.0%

3 BR$1,330▲ 1.5%

4 BR$1,440■ 0.0%

FY2027 FY2026

Where 70397 sits in the Houma-Bayou Cane-Thibodaux, LA area

Of the 26 ZIP codes HUD lists for the area, 70397 has the 11th 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 $1,090 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	$760	$684 – $836	$765	$750
1 bedroom	$900	$810 – $990	$903	$890
2 bedrooms	$1,090	$981 – $1,199	$1,098	$1,090
3 bedrooms	$1,330	$1,197 – $1,463	$1,335	$1,310
4 bedrooms	$1,440	$1,296 – $1,584	$1,443	$1,440

A household renting a two-bedroom home at the Small Area FMR of $1,090 needs about $43,600 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 70397 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
70353	Dulac	6.1 mi	$1,000
70363	Houma	8.8 mi	$1,160
70360	Houma	12.6 mi	$1,190
70364	Houma	17.2 mi	$1,130
70343	Bourg	17.5 mi	$1,440
70377	Montegut	17.7 mi	$1,000

Questions

What is the Fair Market Rent for ZIP code 70397?

HUD's FY2027 Small Area Fair Market Rents for 70397 are $760 (studio), $900 (1 BR), $1,090 (2 BR), $1,330 (3 BR) and $1,440 (4 BR) a month.

What is the Section 8 payment standard in 70397?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70397 that range is $981 to $1,199 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 70397?

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.