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

Fair Market Rent in Red River Parish, Louisiana (FY 2027)

A two-bedroom in Red River Parish carries a FY 2027 Fair Market Rent of $929 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Red River keys off that figure.

Two-bedroom FMR

$929

+11.4% from FY 2026

Payment standard

$836–$1,022

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

Income to afford

$37,160

a year, with rent at 30% of income

Rank in Louisiana

37th 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.

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2026
Studio$671$604–$738$26,840$12.90/hr+11.6%
1 bedroom$731$658–$804$29,240$14.06/hr+13.0%
2 bedroom$929$836–$1,022$37,160$17.87/hr+11.4%
3 bedroom$1,132$1,019–$1,245$45,280$21.77/hr+5.5%
4 bedroom$1,411$1,270–$1,552$56,440$27.13/hr+12.8%
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.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$1,623$1,461–$1,785
6 bedroom Estimate$1,834$1,651–$2,017
7 bedroom Estimate$2,046$1,841–$2,251
8 bedroom Estimate$2,258$2,032–$2,484

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 Red River actually rent for?

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

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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 Red River somewhere between $836 and $1,022. 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.

$929 a month is affordable, by HUD's 30% rule, on an income of roughly $37,160 a year. Put another way, $18 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 incomeTenant pays (30%)Voucher pays at 90%$836Voucher pays at 100%$929Voucher pays at 110%$1,022
$2,500$750$86$179$272
$4,000$1,200$0$0$0
Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went up 11% from FY 2026 ($834) to FY 2027 ($929). Since FY 2020 it's up 22% in total, about 2.9% a year. The Louisiana median moved up 5% over the same year.

Fiscal yearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$604$608$763$951$1,034—
FY 2021$588$600$750$933$1,022-1.7%
FY 2022$530$545$697$862$963-7.1%
FY 2023$566$570$750$913$1,058+7.6%
FY 2024$615$626$822$994$1,206+9.6%
FY 2025$666$688$903$1,135$1,390+9.9%
FY 2026$601$647$834$1,073$1,251-7.6%
FY 2027In effect$671$731$929$1,132$1,411+11.4%

Get FY 2028 Red River Parish rates the day HUD publishes them

HUD updates Fair Market Rents every fall. One email a year, no newsletter.

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 Red River, that runs from $671 for a studio up to $1,411 for four bedrooms, all five rates in the table above.

Because Red River sits outside any HUD metro area, its rate is a parish-wide figure built from local rents. One number covers every address in the parish, Coushatta included.

Among Louisiana's 64 counties, Red River ranks 37th for two-bedroom FMR. That's about 7% below the state median of $995 and about 13% below the national median county at $1,063. About 7,443 people live here, 61st in the state.

Rates by ZIP code

Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $900 in 71019 (Coushatta) and $1,180 in 71034 (Hall Summit), with the 2 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.

ZIPCity2BR ratevs county
71019Coushatta$900-3.1%
71034Hall Summit$1,180+27.0%

Nearby counties

Two-bedroom FMR, with how each compares to Red River.

Questions people ask

$929 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $671 for a studio, $731 for one bedroom, $1,132 for three and $1,411 for four.

What does a rental in Red River actually go for?

HUD's number is one input. Search any address in Red River for a rent estimate built from nearby comps. Free to start, no card.

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