FY2027 Small Area FMR · Madisonville, LA

ZIP 70447 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70447 (Madisonville, LA) is $2,030 a month, up 1.5% from FY2026. That is 50% above the Slidell-Mandeville-Covington, LA area-wide FMR of $1,354.

2-bedroom SAFMR$2,030per month ▲ 1.5%

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

Rank in the area1stof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,827

2 BR Small Area FMR$2,030

110% of SAFMR$2,233

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

Studio$1,610▲ 8.1%

1 BR$1,750▲ 2.9%

2 BR$2,030▲ 1.5%

3 BR$2,620▲ 1.2%

4 BR$2,990▼ 0.3%

FY2027 FY2026

Where 70447 sits in the Slidell-Mandeville-Covington, LA area

Of the 22 ZIP codes HUD lists for the area, 70447 has the 1st 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 $2,030 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	$1,610	$1,449 – $1,771	$1,074	$1,490
1 bedroom	$1,750	$1,575 – $1,925	$1,164	$1,700
2 bedrooms	$2,030	$1,827 – $2,233	$1,354	$2,000
3 bedrooms	$2,620	$2,358 – $2,882	$1,745	$2,590
4 bedrooms	$2,990	$2,691 – $3,289	$1,997	$3,000

A household renting a two-bedroom home at the Small Area FMR of $2,030 needs about $81,200 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 70447 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	4.8 mi	$1,440
70471	Mandeville	8.7 mi	$1,360
70457	Saint Benedict	9.1 mi	$1,290
70454	Ponchatoula	10.0 mi	$1,230
70455	Robert	10.2 mi	$1,130
70448	Mandeville	10.8 mi	$1,570

Questions

What is the Fair Market Rent for ZIP code 70447?

HUD's FY2027 Small Area Fair Market Rents for 70447 are $1,610 (studio), $1,750 (1 BR), $2,030 (2 BR), $2,620 (3 BR) and $2,990 (4 BR) a month.

What is the Section 8 payment standard in 70447?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70447 that range is $1,827 to $2,233 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 70447?

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.