Louisiana · FIPS 22045 · HUD FY 2027
Iberia Parish, Louisiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Iberia Parish is $981 a month (rent plus utilities), 15% below the Louisiana average of $1,161 and 44% below the U.S. average of $1,761. That is up $76 (8.4%) from FY 2026. At 30% of income, a household needs about $39,240 a year to afford it.
- $9812-bedroom FMR+$76 (+8.4%) vs FY 2026
- $8131-bedroom FMRLouisiana: $973 · U.S.: $1,478
- $39,240Income for a 2-bedroom$19/hour full-time
- 34 of 642BR rank in Louisiana1 = highest rent
| Unit | Iberia Parish FY 2027 | FY 2026 | Change | Louisiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $726 | $679 | +$47 (+6.9%) | $895 | $1,379 | $29,040 |
| 1 bedroom | $813 | $764 | +$49 (+6.4%) | $973 | $1,478 | $32,520 |
| 2 bedrooms | $981 | $905 | +$76 (+8.4%) | $1,161 | $1,761 | $39,240 |
| 3 bedrooms | $1,286 | $1,193 | +$93 (+7.8%) | $1,485 | $2,266 | $51,440 |
| 4 bedrooms | $1,624 | $1,473 | +$151 (+10.3%) | $1,723 | $2,607 | $64,960 |
How Iberia Parish compares
- Iberia Parish is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Louisiana, 2-bedroom FMRs run from $892 (Winn Parish) to $1,480 (Jefferson Parish).
- Studio to 4-bedroom: $726, $813, $981, $1,286, $1,624. 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 Iberia Parish (by land area), the 2-bedroom figure ranges from $890 to $1,070.
Small Area FMRs by ZIP code in Iberia Parish
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 70513 | $720 | $810 | $970 | $1,270 | $1,600 | +$80 (+9.0%) | 1% below |
| 70528 | $660 | $810 | $900 | $1,180 | $1,330 | +$50 (+5.9%) | 8% below |
| 70544 | $660 | $720 | $890 | $1,170 | $1,470 | −$20 (−2.2%) | 9% below |
| 70552 | $670 | $750 | $910 | $1,190 | $1,510 | +$50 (+5.8%) | 7% below |
| 70560 | $720 | $810 | $970 | $1,270 | $1,600 | +$20 (+2.1%) | 1% below |
| 70563 | $790 | $890 | $1,070 | $1,400 | $1,770 | +$50 (+4.9%) | 9% above |
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.