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HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026

Fair Market Rent in Terrebonne Parish, Louisiana (FY 2026)

$1,102 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Terrebonne Parish, and it's the baseline every voucher in Terrebonne is measured against.

2 bedroom FMR

$1,102

FY 2026, utilities included

Payment standard range

$992 to $1,212

90% to 110% of FMR

Income to afford 2BR

$44,080

per year, at 30% of income

Rank in Louisiana

22nd of 64

by 2BR FMR

FY 2027 published

HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Terrebonne moves to $1,098. That's unchanged. The full FY 2027 table is in the history section below.

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

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

FY 2026 Fair Market Rents

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2025
Studio$760$684 to $836$30,400$14.62/hr-3.3%
1 bedroom$904$814 to $994$36,160$17.38/hr-3.2%
2 bedroom$1,102$992 to $1,212$44,080$21.19/hr-3.8%
3 bedroom$1,330$1,197 to $1,463$53,200$25.58/hr-3.8%
4 bedroom$1,459$1,313 to $1,605$58,360$28.06/hr-3.9%
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.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$1,678$1,510 to $1,846
6 bedroom Estimate$1,897$1,707 to $2,087
7 bedroom Estimate$2,116$1,904 to $2,328
8 bedroom Estimate$2,334$2,101 to $2,567

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 Terrebonne, that runs from $760 for a studio up to $1,459 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 Terrebonne in with one other parish in the Houma-Bayou Cane-Thibodaux metro, Lafourche Parish among them, and every one of them gets $1,102 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, Terrebonne ranks 22nd for two-bedroom FMR. That's about 16% above the state median of $946 and about 8% above the national median county at $1,018. About 108,862 people live here, 14th in the state.

Counties sharing the Houma-Bayou Cane-Thibodaux metro rate

Rates by ZIP code

Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,040 in 70343 (Bourg) and $1,230 in 70359 (Gray), with the 13 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
70343Bourg$1,040-5.6%
70344Chauvin$1,040-5.6%
70352Donner$1,040-5.6%
70353Dulac$1,040-5.6%
70356Gibson$1,040-5.6%
70359Gray$1,230+11.6%
70360Houma$1,180+7.1%
70361Houma$1,130+2.5%
70363Houma$1,150+4.4%
70364Houma$1,130+2.5%
70377Montegut$1,040-5.6%
70395Schriever$1,040-5.6%
70397Theriot$1,090-1.1%

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 Terrebonne somewhere between $992 and $1,212. 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.

$1,102 a month is affordable, by HUD's 30% rule, on an income of roughly $44,080 a year. Put another way, $21 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 incomeTenant pays (30%)HAP at 90% ($992)HAP at 100% ($1,102)HAP at 110% ($1,212)
$2,500$750$242$352$462
$4,000$1,200$0$0$12

Rate history

The two-bedroom rate went down 4% from FY 2025 ($1,146) to FY 2026 ($1,102). Since FY 2020 it's up 26% in total, about 4.0% a year. The Louisiana median moved down 4% over the same year.

YearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$686$690$873$1,206$1,449
FY 2021$664$705$897$1,212$1,401+2.7%
FY 2022$598$700$890$1,186$1,350-0.8%
FY 2023$656$780$981$1,266$1,428+10.2%
FY 2024$757$900$1,117$1,397$1,519+13.9%
FY 2025$786$934$1,146$1,382$1,519+2.6%
FY 2026$760$904$1,102$1,330$1,459-3.8%
FY 2027$765$903$1,098$1,335$1,443-0.4%

Nearby counties

Get next year's Terrebonne Parish rates the day they publish

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

Questions people ask

$1,102 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $760 for a studio, $904 for one bedroom, $1,330 for three and $1,459 for four.

Tools for this county

What does a rental in Terrebonne actually go for?

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