FY2027 Small Area FMR · Dry Prong, LA

ZIP 71423 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71423 (Dry Prong, LA) is $1,000 a month, unchanged from FY2026. That is 1% above the Alexandria, LA area-wide FMR of $995.

2-bedroom SAFMR$1,000per month ■ 0.0%

Area-wide 2 BR FMR$995Alexandria, LA

Rank in the area8thof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$760▲ 4.1%

1 BR$800▲ 2.6%

2 BR$1,000■ 0.0%

3 BR$1,350■ 0.0%

4 BR$1,480▼ 3.3%

FY2027 FY2026

Where 71423 sits in the Alexandria, LA area

Of the 42 ZIP codes HUD lists for the area, 71423 has the 8th highest two-bedroom Small Area FMR. Alexandria, 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 $995 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,000 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	$760	$684 – $836	$757	$730
1 bedroom	$800	$720 – $880	$796	$780
2 bedrooms	$1,000	$900 – $1,100	$995	$1,000
3 bedrooms	$1,350	$1,215 – $1,485	$1,341	$1,350
4 bedrooms	$1,480	$1,332 – $1,628	$1,468	$1,530

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $83,300 and the 80% low-income limit for four people is $66,250. ZIP code 71423 lies mainly in Grant Parish and Rapides Parish. See the Alexandria, LA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
71407	Bentley	8.3 mi	$960
71417	Colfax	8.4 mi	$960
71467	Pollock	11.1 mi	$930
71432	Georgetown	11.4 mi	$940
71404	Atlanta	14.4 mi	$930
71405	Ball	16.9 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 71423?

HUD's FY2027 Small Area Fair Market Rents for 71423 are $760 (studio), $800 (1 BR), $1,000 (2 BR), $1,350 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 71423?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71423 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71423?

The FY2026 income limits of the Alexandria, LA area apply: median family income $83,300, low-income (80%) limit $66,250 for a family of four.