FY2027 Small Area FMR · Bastrop, LA
ZIP 71220 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71220 (Bastrop, LA) is $900 a month, up 7.1% from FY2026. That is 1% above the Morehouse Parish, LA area-wide FMR of $892.
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 71220 sits in the Morehouse Parish, LA area
Of the 8 ZIP codes HUD lists for the area, 71220 has the 5th highest two-bedroom Small Area FMR. Morehouse Parish, 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 $892 for two bedrooms; an agency that opts in to Small Area FMRs would use $900 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $710 | $639 – $781 | $705 | $640 |
| 1 bedroom | $720 | $648 – $792 | $710 | $640 |
| 2 bedrooms | $900 | $810 – $990 | $892 | $840 |
| 3 bedrooms | $1,190 | $1,071 – $1,309 | $1,175 | $1,150 |
| 4 bedrooms | $1,190 | $1,071 – $1,309 | $1,180 | $1,180 |
A household renting a two-bedroom home at the Small Area FMR of $900 needs about $36,000 a year to keep housing costs at 30% of income. The area median family income is $54,700 and the 80% low-income limit for four people is $54,150. ZIP code 71220 lies mainly in Morehouse Parish and Ouachita Parish. See the Morehouse Parish, LA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 71220?
HUD's FY2027 Small Area Fair Market Rents for 71220 are $710 (studio), $720 (1 BR), $900 (2 BR), $1,190 (3 BR) and $1,190 (4 BR) a month.
What is the Section 8 payment standard in 71220?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71220 that range is $810 to $990 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 71220?
The FY2026 income limits of the Morehouse Parish, LA area apply: median family income $54,700, low-income (80%) limit $54,150 for a family of four.