HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in St. Tammany Parish, Louisiana (FY 2027)
$1,354 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in St. Tammany Parish, and it's the baseline every voucher in St. Tammany is measured against.
Two-bedroom FMR
$1,354
+1.7% from FY 2026
Payment standard
$1,219–$1,489
90% to 110% of the FMR, two-bedroom
Income to afford
$54,160
a year, with rent at 30% of income
Rank in Louisiana
7th 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 | $1,074 | $967–$1,181 | $42,960 | $20.65/hr | +8.5% |
| 1 bedroom | $1,164 | $1,048–$1,280 | $46,560 | $22.38/hr | +3.0% |
| 2 bedroom | $1,354 | $1,219–$1,489 | $54,160 | $26.04/hr | +1.7% |
| 3 bedroom | $1,745 | $1,571–$1,920 | $69,800 | $33.56/hr | +1.2% |
| 4 bedroom | $1,997 | $1,797–$2,197 | $79,880 | $38.40/hr | +0.1% |
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 | $2,297 | $2,067–$2,527 |
| 6 bedroom Estimate | $2,596 | $2,336–$2,856 |
| 7 bedroom Estimate | $2,896 | $2,606–$3,186 |
| 8 bedroom Estimate | $3,195 | $2,876–$3,515 |
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 St. Tammany actually rent for?
Search any address in St. Tammany 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 St. Tammany somewhere between $1,219 and $1,489. 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.
$1,354 a month is affordable, by HUD's 30% rule, on an income of roughly $54,160 a year. Put another way, $26 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%$1,219 | Voucher pays at 100%$1,354 | Voucher pays at 110%$1,489 |
|---|---|---|---|---|
| $2,500 | $750 | $469 | $604 | $739 |
| $4,000 | $1,200 | $19 | $154 | $289 |
Rate history
The two-bedroom rate went up 2% from FY 2026 ($1,331) to FY 2027 ($1,354). Since FY 2020 it's up 26% in total, about 3.3% 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 | $779 | $908 | $1,078 | $1,396 | $1,597 | — |
| FY 2021 | $765 | $899 | $1,061 | $1,371 | $1,583 | -1.6% |
| FY 2022 | $786 | $927 | $1,089 | $1,404 | $1,623 | +2.6% |
| FY 2023 | $848 | $1,002 | $1,182 | $1,524 | $1,770 | +8.5% |
| FY 2024 | $986 | $1,149 | $1,362 | $1,750 | $2,039 | +15.2% |
| FY 2025 | $1,071 | $1,236 | $1,478 | $1,889 | $2,217 | +8.5% |
| FY 2026 | $990 | $1,130 | $1,331 | $1,724 | $1,996 | -9.9% |
| FY 2027In effect | $1,074 | $1,164 | $1,354 | $1,745 | $1,997 | +1.7% |
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 St. Tammany, that runs from $1,074 for a studio up to $1,997 for four bedrooms, all five rates in the table above.
St. Tammany is its own HUD metro area (Slidell-Mandeville-Covington, LA), so the rate here is set from rents inside the parish rather than a wider region.
Among Louisiana's 64 counties, St. Tammany ranks 7th for two-bedroom FMR. That's about 36% above the state median of $995 and about 27% above the national median county at $1,063. About 272,421 people live here, 4th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,210 in 70420 (Abita Springs) and $2,030 in 70447 (Madisonville), with the 20 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 |
|---|---|---|---|
| 70420 | Abita Springs | $1,210 | -10.6% |
| 70431 | Bush | $1,440 | +6.4% |
| 70433 | Covington | $1,440 | +6.4% |
| 70434 | Covington | $1,390 | +2.7% |
| 70435 | Covington | $1,290 | -4.7% |
| 70437 | Folsom | $1,210 | -10.6% |
| 70445 | Lacombe | $1,210 | -10.6% |
| 70447 | Madisonville | $2,030 | +49.9% |
| 70448 | Mandeville | $1,570 | +16.0% |
| 70452 | Pearl River | $1,210 | -10.6% |
| 70457 | Saint Benedict | $1,290 | -4.7% |
| 70458 | Slidell | $1,490 | +10.0% |
| 70459 | Slidell | $1,390 | +2.7% |
| 70460 | Slidell | $1,260 | -6.9% |
| 70461 | Slidell | $1,300 | -4.0% |
| 70463 | Sun | $1,210 | -10.6% |
| 70464 | Talisheek | $1,210 | -10.6% |
| 70469 | Slidell | $1,390 | +2.7% |
| 70470 | Mandeville | $1,390 | +2.7% |
| 70471 | Mandeville | $1,360 | +0.4% |
Nearby counties
Two-bedroom FMR, with how each compares to St. Tammany.
Washington Parish
29 mi · 45,120 people
$892
-34%
Tangipahoa Parish
32 mi · 136,738 people
$1,097
-19%
Orleans Parish
34 mi · 371,853 people
$1,480
+9%
St. Bernard Parish
36 mi · 44,419 people
$1,480
+9%
Jefferson Parish
38 mi · 430,920 people
$1,480
+9%
St. Charles Parish
43 mi · 51,396 people
$1,480
+9%
St. John the Baptist Parish
44 mi · 40,743 people
$1,480
+9%
Livingston Parish
49 mi · 148,115 people
$1,149
-15%
Questions people ask
$1,354 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,074 for a studio, $1,164 for one bedroom, $1,745 for three and $1,997 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 St. Tammany actually go for?
HUD's number is one input. Search any address in St. Tammany for a rent estimate built from nearby comps. Free to start, no card.
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