FY2027 Small Area FMR · Downsville, LA

ZIP 71234 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71234 (Downsville, LA) is $1,160 a month, down 4.9% from FY2026. That is 14% above the Monroe, LA area-wide FMR of $1,017.

2-bedroom SAFMR$1,160per month ▼ 4.9%

Area-wide 2 BR FMR$1,017Monroe, LA

Rank in the area2ndof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,044

2 BR Small Area FMR$1,160

110% of SAFMR$1,276

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

Studio$890▼ 2.2%

1 BR$910▼ 3.2%

2 BR$1,160▼ 4.9%

3 BR$1,500▼ 4.5%

4 BR$1,540▼ 4.9%

FY2027 FY2026

Where 71234 sits in the Monroe, LA area

Of the 28 ZIP codes HUD lists for the area, 71234 has the 2nd highest two-bedroom Small Area FMR. Monroe, 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 $1,017 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,160 for this ZIP code instead.

ZIP code 71234 crosses more than one HUD area. HUD also lists it under Lincoln Parish, LA (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$890	$801 – $979	$782	$910
1 bedroom	$910	$819 – $1,001	$794	$940
2 bedrooms	$1,160	$1,044 – $1,276	$1,017	$1,220
3 bedrooms	$1,500	$1,350 – $1,650	$1,314	$1,570
4 bedrooms	$1,540	$1,386 – $1,694	$1,337	$1,620

A household renting a two-bedroom home at the Small Area FMR of $1,160 needs about $46,400 a year to keep housing costs at 30% of income. The area median family income is $78,700 and the 80% low-income limit for four people is $62,800. ZIP code 71234 lies mainly in Union Parish, Ouachita Parish and Lincoln Parish. See the Monroe, LA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
71225	Calhoun	9.2 mi	$1,000
71241	Farmerville	9.3 mi	$930
71291	West Monroe	10.7 mi	$1,120
71227	Choudrant	11.2 mi	$980
71280	Sterlington	14.2 mi	$1,310
71201	Monroe	15.2 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 71234?

HUD's FY2027 Small Area Fair Market Rents for 71234 are $890 (studio), $910 (1 BR), $1,160 (2 BR), $1,500 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 71234?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71234 that range is $1,044 to $1,276 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71234?

The FY2026 income limits of the Monroe, LA area apply: median family income $78,700, low-income (80%) limit $62,800 for a family of four.