Metro FMR area · LA · HUD FY 2027

Monroe, LA Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Monroe, LA area is $1,017 a month, 12% below the Louisiana average and 42% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 28 ZIP codes range from $930 to $1,310.

$1,0172-bedroom FMR−$9 (−0.9%) vs FY 2026
$7941-bedroom FMRU.S.: $1,478
$40,680Income for a 2-bedroomat 30% of income
179,301Residents2 counties

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,017/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Monroe, LA FMR	$1,017	$40,680	–
Louisiana average	$1,161	$46,433	–
U.S. average	$1,761	$70,432	–

Monroe, LA Fair Market Rents, FY 2027 vs FY 2026
Unit	Monroe, LA FY 2027	FY 2026	Change	Louisiana avg	U.S. avg	Income needed
Studio	$782	$765	+$17 (+2.2%)	$895	$1,379	$31,280
1 bedroom	$794	$793	+$1 (+0.1%)	$973	$1,478	$31,760
2 bedrooms	$1,017	$1,026	−$9 (−0.9%)	$1,161	$1,761	$40,680
3 bedrooms	$1,314	$1,319	−$5 (−0.4%)	$1,485	$2,266	$52,560
4 bedrooms	$1,337	$1,358	−$21 (−1.5%)	$1,723	$2,607	$53,480

Counties in this FMR area

Counties in the Monroe, LA FMR area
County	Residents in area
Ouachita Parish, LA	158,480
Union Parish, LA	20,821

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,030.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Monroe, LA
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
71201	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71202	$720	$730	$940	$1,210	$1,240	+$10 (+1.1%)	8% below
71203	$870	$880	$1,130	$1,460	$1,490	+$40 (+3.7%)	11% above
71207	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71209	$870	$880	$1,130	$1,460	$1,490	+$40 (+3.7%)	11% above
71210	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71211	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71212	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71213	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71222	$690	$720	$930	$1,190	$1,230	+$30 (+3.3%)	9% below
71225	$770	$780	$1,000	$1,290	$1,310	+$10 (+1.0%)	2% below
71227	$790	$840	$980	$1,360	$1,570	+$10 (+1.0%)	4% below
71229	$700	$720	$930	$1,190	$1,230	+$30 (+3.3%)	9% below
71234	$890	$910	$1,160	$1,500	$1,540	−$60 (−4.9%)	14% above
71235	$750	$780	$930	$1,270	$1,480	+$20 (+2.2%)	9% below
71238	$720	$790	$960	$1,270	$1,310	+$20 (+2.1%)	6% below
71240	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71241	$690	$720	$930	$1,190	$1,300	+$30 (+3.3%)	9% below
71256	$690	$720	$930	$1,190	$1,230	+$30 (+3.3%)	9% below
71260	$690	$720	$930	$1,190	$1,230	+$30 (+3.3%)	9% below
71277	$690	$720	$930	$1,190	$1,230	+$30 (+3.3%)	9% below
71280	$1,010	$1,030	$1,310	$1,700	$1,720	−$20 (−1.5%)	29% above
71281	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71291	$860	$870	$1,120	$1,450	$1,470	no change	10% above
71292	$720	$730	$930	$1,200	$1,230	−$10 (−1.1%)	9% below
71294	$790	$800	$1,030	$1,330	$1,350	−$10 (−1.0%)	1% above
71418	$690	$720	$930	$1,200	$1,350	+$30 (+3.3%)	9% below
71749	$690	$720	$930	$1,190	$1,270	+$30 (+3.3%)	9% 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).

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.