FY2027 Small Area FMR · Sun, LA

ZIP 70463 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70463 (Sun, LA) is $1,210 a month, down 9.7% from FY2026. That is 11% below the Slidell-Mandeville-Covington, LA area-wide FMR of $1,354.

2-bedroom SAFMR$1,210per month ▼ 9.7%

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

Rank in the area15thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,089

2 BR Small Area FMR$1,210

110% of SAFMR$1,331

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

Studio$900▼ 7.2%

1 BR$1,020▼ 8.9%

2 BR$1,210▼ 9.7%

3 BR$1,560▼ 8.8%

4 BR$1,800▼ 10.0%

FY2027 FY2026

Where 70463 sits in the Slidell-Mandeville-Covington, LA area

Of the 22 ZIP codes HUD lists for the area, 70463 has the 15th 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 $1,210 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	$900	$810 – $990	$1,074	$970
1 bedroom	$1,020	$918 – $1,122	$1,164	$1,120
2 bedrooms	$1,210	$1,089 – $1,331	$1,354	$1,340
3 bedrooms	$1,560	$1,404 – $1,716	$1,745	$1,710
4 bedrooms	$1,800	$1,620 – $1,980	$1,997	$2,000

A household renting a two-bedroom home at the Small Area FMR of $1,210 needs about $48,400 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 70463 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
70431	Bush	4.7 mi	$1,440
70427	Bogalusa	6.0 mi	$1,210
70464	Talisheek	7.4 mi	$1,210
70420	Abita Springs	12.3 mi	$1,210
70435	Covington	13.9 mi	$1,290
39426	Carriere	14.4 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 70463?

HUD's FY2027 Small Area Fair Market Rents for 70463 are $900 (studio), $1,020 (1 BR), $1,210 (2 BR), $1,560 (3 BR) and $1,800 (4 BR) a month.

What is the Section 8 payment standard in 70463?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70463 that range is $1,089 to $1,331 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 70463?

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.