FY2027 Small Area FMR · Fort Necessity, LA

ZIP 71243 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71243 (Fort Necessity, LA) is $920 a month, up 8.2% from FY2026. That is 3% above the Franklin Parish, LA area-wide FMR of $892.

2-bedroom SAFMR$920per month ▲ 8.2%

Area-wide 2 BR FMR$892Franklin Parish, LA

Rank in the area4thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$828

2 BR Small Area FMR$920

110% of SAFMR$1,012

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

Studio$670▲ 8.1%

1 BR$720▲ 2.9%

2 BR$920▲ 8.2%

3 BR$1,170▲ 7.3%

4 BR$1,390▲ 9.4%

FY2027 FY2026

Where 71243 sits in the Franklin Parish, LA area

Of the 10 ZIP codes HUD lists for the area, 71243 has the 4th highest two-bedroom Small Area FMR. Franklin 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 $920 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	$670	$603 – $737	$644	$620
1 bedroom	$720	$648 – $792	$712	$700
2 bedrooms	$920	$828 – $1,012	$892	$850
3 bedrooms	$1,170	$1,053 – $1,287	$1,091	$1,090
4 bedrooms	$1,390	$1,251 – $1,529	$1,355	$1,270

A household renting a two-bedroom home at the Small Area FMR of $920 needs about $36,800 a year to keep housing costs at 30% of income. The area median family income is $58,000 and the 80% low-income limit for four people is $54,150. ZIP code 71243 lies mainly in Franklin Parish. See the Franklin Parish, LA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
71425	Enterprise	5.6 mi	$910
71378	Wisner	6.3 mi	$890
71368	Sicily Island	9.3 mi	$890
71401	Aimwell	13.1 mi	$940
71340	Harrisonburg	13.3 mi	$890
71336	Gilbert	14.1 mi	$890

Questions

What is the Fair Market Rent for ZIP code 71243?

HUD's FY2027 Small Area Fair Market Rents for 71243 are $670 (studio), $720 (1 BR), $920 (2 BR), $1,170 (3 BR) and $1,390 (4 BR) a month.

What is the Section 8 payment standard in 71243?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71243 that range is $828 to $1,012 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71243?

The FY2026 income limits of the Franklin Parish, LA area apply: median family income $58,000, low-income (80%) limit $54,150 for a family of four.