Lafayette Parish fair market rent FY 2027Louisiana, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Lafayette Parish, Louisiana is $1,092 a month, effective October 1, 2026: $835 for a studio, $971 for one bedroom, $1,375 for three and $1,607 for four. It is set for the Lafayette, LA HUD Metro FMR Area. The FY 2026 two-bedroom FMR was $1,019 (+7.2%).
Lafayette Parish Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $835 | $779 | +7.2% | $751 to $918 |
| 1 bedroom | $971 | $898 | +8.1% | $873 to $1,068 |
| 2 bedrooms | $1,092 | $1,019 | +7.2% | $982 to $1,201 |
| 3 bedrooms | $1,375 | $1,301 | +5.7% | $1,237 to $1,512 |
| 4 bedrooms | $1,607 | $1,581 | +1.6% | $1,446 to $1,767 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Lafayette Parish compares
Lafayette Parish's two-bedroom FMR of $1,092 is the 23rd highest of 64 counties in Louisiana, where the county median is $995 and the range $892 to $1,480. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Lafayette Parish ranks 1458th.
HUD sets one FMR for each metropolitan area, so St. Martin Parish has the same figures as Lafayette Parish (Lafayette, LA HUD Metro FMR Area).
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Lafayette, LA HUD Metro FMR Area it lists 29 ZIP codes, with two-bedroom Small Area FMRs from $920 to $1,350. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All Louisiana counties · Fair market rents in every state
More for Lafayette Parish
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- Lafayette Parish property tax rateEffective property tax rate from Census survey data: median taxes paid against median home value, ranked in the state.
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- Seller net sheet and closing costsNet proceeds after the payoff, commission, transfer taxes, title premiums and recording fees.
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- Flood zone lookupThe FEMA flood zone mapped at any US address. A screening check, not an official flood zone determination.
Check a Lafayette Parish property
HeritageDeed does not search title records in Lafayette Parish yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Lafayette Parish fair market rent
What is the fair market rent in Lafayette Parish for FY 2027?
$835 for a studio, $971 for one bedroom, $1,092 for two, $1,375 for three and $1,607 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Lafayette Parish for FY 2026?
$779 for a studio, $898 for one bedroom, $1,019 for two, $1,301 for three and $1,581 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Lafayette Parish?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $982 to $1,201 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Lafayette Parish's fair market rent high for Louisiana?
$1,092 for two bedrooms ranks 23rd of 64 counties in Louisiana; the state's county median is $995 (range $892 to $1,480) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/louisiana/lafayette-parish. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.