FY2027 Small Area FMR · Simpson, LA

ZIP 71474 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71474 (Simpson, LA) is $1,020 a month, down 2.9% from FY2026. That is 7% below the Vernon Parish, LA area-wide FMR of $1,102.

2-bedroom SAFMR$1,020per month ▼ 2.9%

Area-wide 2 BR FMR$1,102Vernon Parish, LA

Rank in the area12thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$918

2 BR Small Area FMR$1,020

110% of SAFMR$1,122

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

Studio$720▼ 8.9%

1 BR$780▼ 2.5%

2 BR$1,020▼ 2.9%

3 BR$1,290▼ 3.7%

4 BR$1,440■ 0.0%

FY2027 FY2026

Where 71474 sits in the Vernon Parish, LA area

Of the 16 ZIP codes HUD lists for the area, 71474 has the 12th highest two-bedroom Small Area FMR. Vernon 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 $1,102 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,020 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	$720	$648 – $792	$767	$790
1 bedroom	$780	$702 – $858	$842	$800
2 bedrooms	$1,020	$918 – $1,122	$1,102	$1,050
3 bedrooms	$1,290	$1,161 – $1,419	$1,396	$1,340
4 bedrooms	$1,440	$1,296 – $1,584	$1,560	$1,440

A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $70,200 and the 80% low-income limit for four people is $56,150. ZIP code 71474 lies mainly in Vernon Parish. See the Vernon Parish, LA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
71475	Slagle	8.4 mi	$1,100
71455	Mora	9.0 mi	$940
71427	Flatwoods	10.8 mi	$930
71434	Gorum	11.7 mi	$890
71446	Leesville	12.7 mi	$1,020
71472	Sieper	15.2 mi	$960

Questions

What is the Fair Market Rent for ZIP code 71474?

HUD's FY2027 Small Area Fair Market Rents for 71474 are $720 (studio), $780 (1 BR), $1,020 (2 BR), $1,290 (3 BR) and $1,440 (4 BR) a month.

What is the Section 8 payment standard in 71474?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71474 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71474?

The FY2026 income limits of the Vernon Parish, LA area apply: median family income $70,200, low-income (80%) limit $56,150 for a family of four.