FY2027 Small Area FMR · Iowa, LA
ZIP 70647 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 70647 (Iowa, LA) is $1,230 a month, up 1.7% from FY2026. That is 0% equal to the Lake Charles, LA area-wide FMR of $1,231.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 70647 sits in the Lake Charles, LA area
Of the 28 ZIP codes HUD lists for the area, 70647 has the 6th highest two-bedroom Small Area FMR. Lake Charles, 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 $1,231 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 for this ZIP code instead.
ZIP code 70647 crosses more than one HUD area. HUD also lists it under Jefferson Davis Parish, LA (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $910 | $819 – $1,001 | $935 | $890 |
| 1 bedroom | $940 | $846 – $1,034 | $941 | $920 |
| 2 bedrooms | $1,230 | $1,107 – $1,353 | $1,231 | $1,210 |
| 3 bedrooms | $1,520 | $1,368 – $1,672 | $1,467 | $1,510 |
| 4 bedrooms | $1,710 | $1,539 – $1,881 | $1,713 | $1,730 |
A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $93,000 and the 80% low-income limit for four people is $74,400. ZIP code 70647 lies mainly in Calcasieu Parish and Jefferson Davis Parish. See the Lake Charles, LA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 70647?
HUD's FY2027 Small Area Fair Market Rents for 70647 are $910 (studio), $940 (1 BR), $1,230 (2 BR), $1,520 (3 BR) and $1,710 (4 BR) a month.
What is the Section 8 payment standard in 70647?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 70647 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 70647?
The FY2026 income limits of the Lake Charles, LA area apply: median family income $93,000, low-income (80%) limit $74,400 for a family of four.