Louisiana · FIPS 22043 · HUD FY 2027
Grant Parish, Louisiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Grant Parish is $995 a month (rent plus utilities), 14% below the Louisiana average of $1,161 and 43% below the U.S. average of $1,761. That is up $1 (0.1%) from FY 2026. At 30% of income, a household needs about $39,800 a year to afford it.
- $9952-bedroom FMR+$1 (+0.1%) vs FY 2026
- $7961-bedroom FMRLouisiana: $973 · U.S.: $1,478
- $39,800Income for a 2-bedroom$19/hour full-time
- 32 of 642BR rank in Louisiana1 = highest rent
| Unit | Grant Parish FY 2027 | FY 2026 | Change | Louisiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $757 | $728 | +$29 (+4.0%) | $895 | $1,379 | $30,280 |
| 1 bedroom | $796 | $780 | +$16 (+2.1%) | $973 | $1,478 | $31,840 |
| 2 bedrooms | $995 | $994 | +$1 (+0.1%) | $1,161 | $1,761 | $39,800 |
| 3 bedrooms | $1,341 | $1,342 | −$1 (−0.1%) | $1,485 | $2,266 | $53,640 |
| 4 bedrooms | $1,468 | $1,523 | −$55 (−3.6%) | $1,723 | $2,607 | $58,720 |
How Grant Parish compares
- HUD sets this rent for the Alexandria, LA metro FMR area, which covers 149,622 residents in 2 counties.
- Across Louisiana, 2-bedroom FMRs run from $892 (Winn Parish) to $1,480 (Jefferson Parish).
- Studio to 4-bedroom: $757, $796, $995, $1,341, $1,468. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 6 ZIP codes mostly in Grant Parish (by land area), the 2-bedroom figure ranges from $930 to $1,000.
Small Area FMRs by ZIP code in Grant Parish
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 71407 | $730 | $770 | $960 | $1,300 | $1,420 | +$10 (+1.1%) | 4% below |
| 71417 | $730 | $770 | $960 | $1,290 | $1,420 | +$30 (+3.2%) | 4% below |
| 71423 | $760 | $800 | $1,000 | $1,350 | $1,480 | no change | 1% above |
| 71432 | $710 | $760 | $940 | $1,270 | $1,390 | +$10 (+1.1%) | 6% below |
| 71454 | $700 | $760 | $930 | $1,260 | $1,380 | +$30 (+3.3%) | 7% below |
| 71467 | $710 | $740 | $930 | $1,250 | $1,380 | +$20 (+2.2%) | 7% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.