HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Ouachita Parish, Louisiana (FY 2026)
$1,026 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Ouachita Parish, and it's the baseline every voucher in Ouachita is measured against.
2 bedroom FMR
$1,026
FY 2026, utilities included
Payment standard range
$923 to $1,129
90% to 110% of FMR
Income to afford 2BR
$41,040
per year, at 30% of income
Rank in Louisiana
25th of 64
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Ouachita moves to $1,017. That's down 1%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Ouachita actually rent for?
Search any address in Ouachita for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $765 | $689 to $842 | $30,600 | $14.71/hr | -0.1% |
| 1 bedroom | $793 | $714 to $872 | $31,720 | $15.25/hr | +3.4% |
| 2 bedroom | $1,026 | $923 to $1,129 | $41,040 | $19.73/hr | +3.1% |
| 3 bedroom | $1,319 | $1,187 to $1,451 | $52,760 | $25.37/hr | +3.4% |
| 4 bedroom | $1,358 | $1,222 to $1,494 | $54,320 | $26.12/hr | +3.0% |
5 to 8 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 | $1,562 | $1,406 to $1,718 |
| 6 bedroom Estimate | $1,765 | $1,589 to $1,942 |
| 7 bedroom Estimate | $1,969 | $1,772 to $2,166 |
| 8 bedroom Estimate | $2,173 | $1,956 to $2,390 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 Ouachita, that runs from $765 for a studio up to $1,358 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 Ouachita in with one other parish in the Monroe metro, Union Parish among them, and every one of them gets $1,026 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, Ouachita ranks 25th for two-bedroom FMR. That's about 8% above the state median of $946 and within a couple percent of the national median county at $1,018. About 159,585 people live here, 8th in the state.
Counties sharing the Monroe metro rate
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $930 in 71202 (Monroe) and $1,330 in 71280 (Sterlington), with the 16 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 |
|---|---|---|---|
| 71201 | Monroe | $1,040 | +1.4% |
| 71202 | Monroe | $930 | -9.4% |
| 71203 | Monroe | $1,090 | +6.2% |
| 71207 | Monroe | $1,040 | +1.4% |
| 71209 | Monroe | $1,090 | +6.2% |
| 71210 | Monroe | $1,040 | +1.4% |
| 71211 | Monroe | $1,040 | +1.4% |
| 71212 | Monroe | $1,040 | +1.4% |
| 71213 | Monroe | $1,040 | +1.4% |
| 71217 | Monroe | $1,026County rate | — |
| 71225 | Calhoun | $990 | -3.5% |
| 71240 | Fairbanks | $1,040 | +1.4% |
| 71280 | Sterlington | $1,330 | +29.6% |
| 71281 | Swartz | $1,040 | +1.4% |
| 71291 | West Monroe | $1,120 | +9.2% |
| 71292 | West Monroe | $940 | -8.4% |
| 71294 | West Monroe | $1,040 | +1.4% |
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 Ouachita somewhere between $923 and $1,129. 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.
$1,026 a month is affordable, by HUD's 30% rule, on an income of roughly $41,040 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($923) | HAP at 100% ($1,026) | HAP at 110% ($1,129) |
|---|---|---|---|---|
| $2,500 | $750 | $173 | $276 | $379 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 3% from FY 2025 ($995) to FY 2026 ($1,026). Since FY 2020 it's up 33% in total, about 4.8% a year. The Louisiana median moved down 4% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $596 | $600 | $774 | $991 | $1,078 | — |
| FY 2021 | $606 | $610 | $804 | $1,012 | $1,111 | +3.9% |
| FY 2022 | $615 | $619 | $815 | $1,011 | $1,115 | +1.4% |
| FY 2023 | $665 | $669 | $881 | $1,093 | $1,184 | +8.1% |
| FY 2024 | $753 | $757 | $995 | $1,245 | $1,325 | +12.9% |
| FY 2025 | $766 | $767 | $995 | $1,276 | $1,319 | 0.0% |
| FY 2026 | $765 | $793 | $1,026 | $1,319 | $1,358 | +3.1% |
| FY 2027 | $782 | $794 | $1,017 | $1,314 | $1,337 | -0.9% |
Nearby counties
Questions people ask
$1,026 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $765 for a studio, $793 for one bedroom, $1,319 for three and $1,358 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Ouachita actually go for?
HUD's number is one input. Search any address in Ouachita for a rent estimate built from nearby comps. 3 free searches, no card.
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