FY2027 Small Area FMR · Palmetto, LA

ZIP 71358 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71358 (Palmetto, LA) is $930 a month, up 9.4% from FY2026. That is 4% above the St. Landry Parish, LA area-wide FMR of $892.

2-bedroom SAFMR$930per month ▲ 9.4%

Area-wide 2 BR FMR$892St. Landry Parish, LA

Rank in the area7thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837

2 BR Small Area FMR$930

110% of SAFMR$1,023

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

Studio$660▲ 3.1%

1 BR$710▲ 9.2%

2 BR$930▲ 9.4%

3 BR$1,130▲ 6.6%

4 BR$1,220▲ 0.8%

FY2027 FY2026

Where 71358 sits in the St. Landry Parish, LA area

Of the 20 ZIP codes HUD lists for the area, 71358 has the 7th highest two-bedroom Small Area FMR. St. Landry 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 $930 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	$660	$594 – $726	$632	$640
1 bedroom	$710	$639 – $781	$682	$650
2 bedrooms	$930	$837 – $1,023	$892	$850
3 bedrooms	$1,130	$1,017 – $1,243	$1,087	$1,060
4 bedrooms	$1,220	$1,098 – $1,342	$1,172	$1,210

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 a year to keep housing costs at 30% of income. The area median family income is $74,100 and the 80% low-income limit for four people is $56,950. ZIP code 71358 lies mainly in St. Landry Parish. See the St. Landry Parish, LA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
71345	Lebeau	6.7 mi	$910
71353	Melville	7.4 mi	$890
70589	Washington	7.9 mi	$890
70577	Port Barre	10.6 mi	$940
70715	Batchelor	12.5 mi	$1,090
71356	Morrow	13.3 mi	$890

Questions

What is the Fair Market Rent for ZIP code 71358?

HUD's FY2027 Small Area Fair Market Rents for 71358 are $660 (studio), $710 (1 BR), $930 (2 BR), $1,130 (3 BR) and $1,220 (4 BR) a month.

What is the Section 8 payment standard in 71358?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71358 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71358?

The FY2026 income limits of the St. Landry Parish, LA area apply: median family income $74,100, low-income (80%) limit $56,950 for a family of four.