HUD Fair Market Rent · FY 2026 · Effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Assumption Parish, Louisiana (FY 2026)
$967 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Assumption Parish, and it's the baseline every voucher in Assumption is measured against.
Two-bedroom FMR
$967
+4.4% from FY 2025
Payment standard
$870–$1,064
90% to 110% of the FMR, two-bedroom
Income to afford
$38,680
a year, with rent at 30% of income
Rank in Louisiana
31st of 64
by two-bedroom FMR, highest first
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Assumption moves to $932. That's down 4%. The full FY 2027 table is in the history section below.
FY 2026 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $801 | $721–$881 | $32,040 | $15.40/hr | -0.5% |
| 1 bedroom | $806 | $725–$887 | $32,240 | $15.50/hr | -2.9% |
| 2 bedroom | $967 | $870–$1,064 | $38,680 | $18.60/hr | +4.4% |
| 3 bedroom | $1,345 | $1,211–$1,480 | $53,800 | $25.87/hr | +3.6% |
| 4 bedroom | $1,556 | $1,400–$1,712 | $62,240 | $29.92/hr | +1.6% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,789 | $1,610–$1,968 |
| 6 bedroom Estimate | $2,023 | $1,821–$2,225 |
| 7 bedroom Estimate | $2,256 | $2,030–$2,482 |
| 8 bedroom Estimate | $2,490 | $2,241–$2,739 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Assumption actually rent for?
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Assumption somewhere between $870 and $1,064. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$967 a month is affordable, by HUD's 30% rule, on an income of roughly $38,680 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$870 | Voucher pays at 100%$967 | Voucher pays at 110%$1,064 |
|---|---|---|---|---|
| $2,500 | $750 | $120 | $217 | $314 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($926) to FY 2026 ($967). Since FY 2020 it's up 31% in total, about 4.6% a year. The Louisiana median moved down 4% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $598 | $648 | $738 | $1,065 | $1,080 | — |
| FY 2021 | $602 | $675 | $769 | $1,098 | $1,132 | +4.2% |
| FY 2022 | $601 | $648 | $738 | $1,019 | $1,158 | -4.0% |
| FY 2023 | $707 | $729 | $823 | $1,141 | $1,345 | +11.5% |
| FY 2024 | $863 | $886 | $995 | $1,402 | $1,654 | +20.9% |
| FY 2025 | $805 | $830 | $926 | $1,298 | $1,532 | -6.9% |
| FY 2026In effect | $801 | $806 | $967 | $1,345 | $1,556 | +4.4% |
| FY 2027From Oct 1, 2026 | $758 | $762 | $932 | $1,242 | $1,495 | -3.6% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Assumption, that runs from $801 for a studio up to $1,556 for four bedrooms, all five rates in the table above.
Assumption is its own HUD metro area (Assumption Parish, LA), so the rate here is set from rents inside the parish rather than a wider region.
Among Louisiana's 64 counties, Assumption ranks 31st for two-bedroom FMR. That's about 2% above the state median of $946 and about 5% below the national median county at $1,018. About 21,067 people live here, 42nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $950 in 70339 (Pierre Part) and $1,450 in 70372 (Labadieville), with the 6 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the parish rate. Everywhere else the ZIP numbers show where rents actually sit, and the parish rate stays the official standard.
Nearby counties
Two-bedroom FMR, with how each compares to Assumption.
St. James Parish
18 mi · 20,090 people
$921
-5%
Ascension Parish
19 mi · 126,973 people
$1,204
+25%
St. Mary Parish
24 mi · 49,114 people
$947
-2%
Iberville Parish
28 mi · 30,210 people
$866
-10%
St. John the Baptist Parish
30 mi · 41,986 people
$1,331
+38%
Terrebonne Parish
32 mi · 108,862 people
$1,102
+14%
East Baton Rouge Parish
37 mi · 454,369 people
$1,204
+25%
Lafourche Parish
37 mi · 97,220 people
$1,102
+14%
Questions people ask
$967 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $801 for a studio, $806 for one bedroom, $1,345 for three and $1,556 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Assumption actually go for?
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