How much will Section 8 pay for rent in Lafayette Parish?

Up to the housing authority's payment standard, which it sets between 90% and 110% of FMR. For a two-bedroom that's $983 to $1,201. The voucher covers the gap between that standard and about 30% of the tenant's income, and it never pays more than the unit would rent for without a voucher.

Does Lafayette Parish have its own Fair Market Rent?

No. It uses the Lafayette metro rate, shared with one other parish. HUD sets one FMR for the whole metro area, so Lafayette gets the same $1,092 two-bedroom figure as St. Martin Parish.

Why does my ZIP code show a different Fair Market Rent than Lafayette Parish?

HUD publishes a second set of numbers, Small Area FMRs, for individual ZIP codes. In Lafayette those run from $920 to $1,290 for a two-bedroom. Housing authorities in metros HUD has designated for Small Area FMRs use the ZIP rate. The rest use the parish rate. Your PHA can tell you which one applies.

When do the next Fair Market Rents for Lafayette Parish come out?

HUD usually publishes the new fiscal year's rates in late August or September, and they take effect October 1. This page updates as soon as the new Louisiana figures are loaded.

HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027

Fair Market Rent in Lafayette Parish, Louisiana (FY 2027)

$1,092 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Lafayette Parish, and it's the baseline every voucher in Lafayette is measured against.

Two-bedroom FMR

$1,092

+7.2% from FY 2026

Payment standard

$983–$1,201

90% to 110% of the FMR, two-bedroom

Income to afford

$43,680

a year, with rent at 30% of income

Rank in Louisiana

23rd of 64

by two-bedroom FMR, highest first

FY 2027 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 2026
Studio	$835	$752–$919	$33,400	$16.06/hr	+7.2%
1 bedroom	$971	$874–$1,068	$38,840	$18.67/hr	+8.1%
2 bedroom	$1,092	$983–$1,201	$43,680	$21.00/hr	+7.2%
3 bedroom	$1,375	$1,238–$1,513	$55,000	$26.44/hr	+5.7%
4 bedroom	$1,607	$1,446–$1,768	$64,280	$30.90/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	$1,848	$1,663–$2,033
6 bedroom Estimate	$2,089	$1,880–$2,298
7 bedroom Estimate	$2,330	$2,097–$2,563
8 bedroom Estimate	$2,571	$2,314–$2,828

Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov

Market check

HUD's number is one input. What does a two-bedroom in Lafayette actually rent for?

Search any address in Lafayette for a rent estimate built from nearby comps, with the HUD figure right next to it.

No card needed

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 Lafayette somewhere between $983 and $1,201. 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.

$1,092 a month is affordable, by HUD's 30% rule, on an income of roughly $43,680 a year. Put another way, $21 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%$983	Voucher pays at 100%$1,092	Voucher pays at 110%$1,201
$2,500	$750	$233	$342	$451
$4,000	$1,200	$0	$0	$1

Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went up 7% from FY 2026 ($1,019) to FY 2027 ($1,092). Since FY 2020 it's up 20% in total, about 2.6% a year. The Louisiana median moved up 5% over the same year.

Fiscal year	Studio	1 BR	2 BR	3 BR	4 BR	2BR change
FY 2020	$660	$795	$912	$1,205	$1,326	—
FY 2021	$634	$790	$901	$1,200	$1,363	-1.2%
FY 2022	$608	$781	$890	$1,202	$1,387	-1.2%
FY 2023	$658	$871	$984	$1,291	$1,670	+10.6%
FY 2024	$701	$921	$1,034	$1,344	$1,755	+5.1%
FY 2025	$740	$930	$1,052	$1,322	$1,736	+1.7%
FY 2026	$779	$898	$1,019	$1,301	$1,581	-3.1%
FY 2027In effect	$835	$971	$1,092	$1,375	$1,607	+7.2%

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 2027 that's October 1, 2026 through September 30, 2027. In Lafayette, that runs from $835 for a studio up to $1,607 for four bedrooms, all five rates in the table above.

This is a metro rate. The parish doesn't get one of its own. HUD lumps Lafayette in with one other parish in the Lafayette metro, St. Martin Parish among them, and every one of them gets $1,092 for a two-bedroom. Where you are inside the metro doesn't change the parish number. It does change the ZIP number, covered below.

Among Louisiana's 64 counties, Lafayette ranks 23rd for two-bedroom FMR. That's about 10% above the state median of $995 and about 3% above the national median county at $1,063. About 247,997 people live here, 5th in the state.

Rates by ZIP code

Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $920 in 70529 (Duson) and $1,290 in 70508 (Lafayette), with the 17 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.

ZIP	City	2BR rate	vs county
70501	Lafayette	$1,010	-7.5%
70502	Lafayette	$1,110	+1.6%
70503	Lafayette	$1,190	+9.0%
70504	Lafayette	$1,110	+1.6%
70505	Lafayette	$1,110	+1.6%
70506	Lafayette	$1,170	+7.1%
70507	Lafayette	$1,000	-8.4%
70508	Lafayette	$1,290	+18.1%
70509	Lafayette	$1,110	+1.6%
70518	Broussard	$1,080	-1.1%
70520	Carencro	$1,090	-0.2%
70529	Duson	$920	-15.8%
70558	Milton	$1,280	+17.2%
70583	Scott	$1,000	-8.4%
70592	Youngsville	$1,120	+2.6%
70593	Lafayette	$1,092County rate	—
70596	Lafayette	$1,110	+1.6%
70598	Lafayette	$1,110	+1.6%

Counties sharing the Lafayette metro rate

HUD sets one rate for the whole metro, so every county here carries the same $1,092 two-bedroom figure as Lafayette.

St. Martin Parish

51,353 people

$1,092

Nearby counties

Two-bedroom FMR, with how each compares to Lafayette.

St. Martin Parish

12 mi · 51,353 people

$1,092

same rate

Vermilion Parish

17 mi · 57,123 people

$899

-18%

Acadia Parish

23 mi · 56,955 people

$902

-17%

Iberia Parish

23 mi · 68,599 people

$981

-10%

St. Landry Parish

25 mi · 81,670 people

$892

-18%

Evangeline Parish

41 mi · 32,060 people

$892

-18%

Jefferson Davis Parish

44 mi · 31,924 people

$921

-16%

Pointe Coupee Parish

45 mi · 20,217 people

$1,149

+5%

Questions people ask

$1,092 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $835 for a studio, $971 for one bedroom, $1,375 for three and $1,607 for four.

Tools for this county

All Louisiana counties All states

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

Fair Market Rent in Lafayette Parish, Louisiana (FY 2027)

FY 2027 Fair Market Rents

HUD's number is one input. What does a two-bedroom in Lafayette actually rent for?

What a voucher pays here

Rate history

About this rate

Rates by ZIP code

Counties sharing the Lafayette metro rate

Nearby counties

Questions people ask

Tools for this county

What does a rental in Lafayette actually go for?