FY2027 Small Area FMR · Otis, LA

ZIP 71466 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71466 (Otis, 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 71466 sits in the Alexandria, LA area

Of the 42 ZIP codes HUD lists for the area, 71466 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 71466 lies mainly in 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
71424	Elmer	3.2 mi	$1,000
71472	Sieper	3.9 mi	$960
71409	Boyce	7.5 mi	$920
71438	Hineston	7.8 mi	$1,030
71303	Alexandria	12.7 mi	$1,170
71485	Woodworth	12.8 mi	$920

Questions

What is the Fair Market Rent for ZIP code 71466?

HUD's FY2027 Small Area Fair Market Rents for 71466 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 71466?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71466 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 71466?

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.