HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in St. Martin Parish, Louisiana (FY 2026)
A two-bedroom in St. Martin Parish carries a FY 2026 Fair Market Rent of $1,019 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in St. Martin keys off that figure.
2 bedroom FMR
$1,019
FY 2026, utilities included
Payment standard range
$917 to $1,121
90% to 110% of FMR
Income to afford 2BR
$40,760
per year, at 30% of income
Rank in Louisiana
28th of 64
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in St. Martin moves to $1,092. That's up 7%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in St. Martin actually rent for?
Search any address in St. Martin 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 | $779 | $701 to $857 | $31,160 | $14.98/hr | +5.3% |
| 1 bedroom | $898 | $808 to $988 | $35,920 | $17.27/hr | -3.4% |
| 2 bedroom | $1,019 | $917 to $1,121 | $40,760 | $19.60/hr | -3.1% |
| 3 bedroom | $1,301 | $1,171 to $1,431 | $52,040 | $25.02/hr | -1.6% |
| 4 bedroom | $1,581 | $1,423 to $1,739 | $63,240 | $30.40/hr | -8.9% |
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 | $1,818 | $1,636 to $2,000 |
| 6 bedroom Estimate | $2,055 | $1,850 to $2,261 |
| 7 bedroom Estimate | $2,292 | $2,063 to $2,521 |
| 8 bedroom Estimate | $2,530 | $2,277 to $2,783 |
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 St. Martin, that runs from $779 for a studio up to $1,581 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 St. Martin in with one other parish in the Lafayette metro, Lafayette Parish among them, and every one of them gets $1,019 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, St. Martin ranks 28th 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 51,856 people live here, 21st in the state.
Counties sharing the Lafayette metro rate
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 4 ZIP codes it covers in St. Martin, the two-bedroom rate is $950 across the board, so there's no ZIP-level story here.
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 St. Martin somewhere between $917 and $1,121. 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.
$1,019 a month is affordable, by HUD's 30% rule, on an income of roughly $40,760 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% ($917) | HAP at 100% ($1,019) | HAP at 110% ($1,121) |
|---|---|---|---|---|
| $2,500 | $750 | $167 | $269 | $371 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 3% from FY 2025 ($1,052) to FY 2026 ($1,019). Since FY 2020 it's up 12% in total, about 1.9% 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 | $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 2027 | $835 | $971 | $1,092 | $1,375 | $1,607 | +7.2% |
Nearby counties
Lafayette Parish
$1,01912 mi · pop 243,175
Iberia Parish
$90518 mi · pop 69,958
St. Landry Parish
$83425 mi · pop 82,574
Vermilion Parish
$83427 mi · pop 57,202
Acadia Parish
$88034 mi · pop 57,674
Iberville Parish
$86634 mi · pop 30,210
West Baton Rouge Parish
$1,20435 mi · pop 27,377
Pointe Coupee Parish
$1,20436 mi · pop 20,652
Questions people ask
$1,019 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $779 for a studio, $898 for one bedroom, $1,301 for three and $1,581 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 St. Martin actually go for?
HUD's number is one input. Search any address in St. Martin for a rent estimate built from nearby comps. 3 free searches, no card.
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