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Metro FMR area · LA · HUD FY 2027

Lafayette, LA Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Lafayette, LA area is $1,092 a month, 6% below the Louisiana average and 38% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 29 ZIP codes range from $920 to $1,350.

  • $1,0922-bedroom FMR+$73 (+7.2%) vs FY 2026
  • $9711-bedroom FMRU.S.: $1,478
  • $43,680Income for a 2-bedroomat 30% of income
  • 299,350Residents2 counties

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,092/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Lafayette, LA FMR$1,092$43,680–
Louisiana average$1,161$46,433–
U.S. average$1,761$70,432–
Lafayette, LA Fair Market Rents, FY 2027 vs FY 2026
UnitLafayette, LA FY 2027FY 2026ChangeLouisiana avgU.S. avgIncome needed
Studio$835$779+$56 (+7.2%)$895$1,379$33,400
1 bedroom$971$898+$73 (+8.1%)$973$1,478$38,840
2 bedrooms$1,092$1,019+$73 (+7.2%)$1,161$1,761$43,680
3 bedrooms$1,375$1,301+$74 (+5.7%)$1,485$2,266$55,000
4 bedrooms$1,607$1,581+$26 (+1.6%)$1,723$2,607$64,280

Counties in this FMR area

Counties in the Lafayette, LA FMR area
CountyResidents in area
Lafayette Parish, LA247,997
St. Martin Parish, LA51,353

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,070.

FY 2027 Small Area Fair Market Rents, Lafayette, LA
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
70339$730$810$920$1,220$1,430−$30 (−3.2%)16% below
70380$780$810$1,020$1,340$1,650+$50 (+5.2%)7% below
70501$770$900$1,010$1,270$1,490+$60 (+6.3%)8% below
70502$850$990$1,110$1,400$1,630+$80 (+7.8%)2% above
70503$910$1,060$1,190$1,500$1,750+$50 (+4.4%)9% above
70504$850$990$1,110$1,400$1,630+$80 (+7.8%)2% above
70505$850$990$1,110$1,400$1,630+$80 (+7.8%)2% above
70506$890$1,040$1,170$1,470$1,720+$80 (+7.3%)7% above
70507$760$890$1,000$1,260$1,470+$40 (+4.2%)8% below
70508$990$1,150$1,290$1,620$1,900+$70 (+5.7%)18% above
70509$850$990$1,110$1,400$1,630+$80 (+7.8%)2% above
70512$710$810$920$1,180$1,430−$30 (−3.2%)16% below
70517$770$900$1,010$1,270$1,490+$60 (+6.3%)8% below
70518$830$960$1,080$1,360$1,600+$60 (+5.9%)1% below
70519$750$850$990$1,270$1,550+$40 (+4.2%)9% below
70520$830$970$1,090$1,370$1,600+$140 (+14.7%)about the same as
70521$710$820$920$1,180$1,430−$30 (−3.2%)16% below
70525$710$810$960$1,180$1,430+$10 (+1.1%)12% below
70529$710$810$920$1,180$1,430−$30 (−3.2%)16% below
70555$990$1,240$1,350$1,770$1,790+$170 (+14.4%)24% above
70558$960$1,150$1,280$1,640$1,810+$80 (+6.7%)17% above
70560$720$810$970$1,270$1,600+$20 (+2.1%)11% below
70563$790$890$1,070$1,400$1,770+$50 (+4.9%)2% below
70578$710$810$930$1,180$1,430−$20 (−2.1%)15% below
70582$710$810$920$1,180$1,430−$30 (−3.2%)16% below
70583$760$890$1,000$1,260$1,470+$50 (+5.3%)8% below
70592$850$1,000$1,120$1,410$1,670−$60 (−5.1%)3% above
70596$850$990$1,110$1,400$1,630+$80 (+7.8%)2% above
70598$850$990$1,110$1,400$1,630+$80 (+7.8%)2% above

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.