FY2027 Small Area FMR · Covington, LA

ZIP 70434 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70434 (Covington, LA) is $1,390 a month, down 3.5% from FY2026. That is 3% above the Slidell-Mandeville-Covington, LA area-wide FMR of $1,354.

2-bedroom SAFMR$1,390per month ▼ 3.5%

Area-wide 2 BR FMR$1,354Slidell-Mandeville-Covington

Rank in the area6thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,251

2 BR Small Area FMR$1,390

110% of SAFMR$1,529

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

Studio$1,100▲ 4.8%

1 BR$1,200▼ 0.8%

2 BR$1,390▼ 3.5%

3 BR$1,790▼ 2.7%

4 BR$2,050▼ 5.1%

FY2027 FY2026

Where 70434 sits in the Slidell-Mandeville-Covington, LA area

Of the 22 ZIP codes HUD lists for the area, 70434 has the 6th highest two-bedroom Small Area FMR. Slidell-Mandeville-Covington, 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 $1,354 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,390 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	$1,100	$990 – $1,210	$1,074	$1,050
1 bedroom	$1,200	$1,080 – $1,320	$1,164	$1,210
2 bedrooms	$1,390	$1,251 – $1,529	$1,354	$1,440
3 bedrooms	$1,790	$1,611 – $1,969	$1,745	$1,840
4 bedrooms	$2,050	$1,845 – $2,255	$1,997	$2,160

A household renting a two-bedroom home at the Small Area FMR of $1,390 needs about $55,600 a year to keep housing costs at 30% of income. The area median family income is $107,700 and the 80% low-income limit for four people is $83,350. ZIP code 70434 lies mainly in St. Tammany Parish. See the Slidell-Mandeville-Covington, LA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
70433	Covington	2.5 mi	$1,440
70457	Saint Benedict	3.6 mi	$1,290
70471	Mandeville	5.4 mi	$1,360
70435	Covington	5.6 mi	$1,290
70447	Madisonville	7.3 mi	$2,030
70448	Mandeville	8.6 mi	$1,570

Questions

What is the Fair Market Rent for ZIP code 70434?

HUD's FY2027 Small Area Fair Market Rents for 70434 are $1,100 (studio), $1,200 (1 BR), $1,390 (2 BR), $1,790 (3 BR) and $2,050 (4 BR) a month.

What is the Section 8 payment standard in 70434?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70434 that range is $1,251 to $1,529 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 70434?

The FY2026 income limits of the Slidell-Mandeville-Covington, LA area apply: median family income $107,700, low-income (80%) limit $83,350 for a family of four.