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Metro FMR area · LA · HUD FY 2027

Slidell-Mandeville-Covington, LA Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Slidell-Mandeville-Covington, LA area is $1,354 a month, 17% above the Louisiana average and 23% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 22 ZIP codes range from $1,210 to $2,030.

  • $1,3542-bedroom FMR+$23 (+1.7%) vs FY 2026
  • $1,1641-bedroom FMRU.S.: $1,478
  • $54,160Income for a 2-bedroomat 30% of income
  • 272,421Residents1 county

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.

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

Rent you can afford at 30% of income$1,354/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Slidell-Mandeville-Covington, LA FMR$1,354$54,160–
Louisiana average$1,161$46,433–
U.S. average$1,761$70,432–
Slidell-Mandeville-Covington, LA Fair Market Rents, FY 2027 vs FY 2026
UnitSlidell-Mandeville-Covington, LA FY 2027FY 2026ChangeLouisiana avgU.S. avgIncome needed
Studio$1,074$990+$84 (+8.5%)$895$1,379$42,960
1 bedroom$1,164$1,130+$34 (+3.0%)$973$1,478$46,560
2 bedrooms$1,354$1,331+$23 (+1.7%)$1,161$1,761$54,160
3 bedrooms$1,745$1,724+$21 (+1.2%)$1,485$2,266$69,800
4 bedrooms$1,997$1,996+$1 (+0.1%)$1,723$2,607$79,880

Counties in this FMR area

Counties in the Slidell-Mandeville-Covington, LA FMR area
CountyResidents in area
St. Tammany Parish, LA272,421

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 $1,300.

FY 2027 Small Area Fair Market Rents, Slidell-Mandeville-Covington, LA
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
70420$950$1,030$1,210$1,560$1,800−$130 (−9.7%)11% below
70427$900$1,020$1,210$1,560$1,800−$130 (−9.7%)11% below
70431$1,060$1,210$1,440$1,840$2,160−$160 (−10.0%)6% above
70433$1,140$1,240$1,440$1,860$2,120−$80 (−5.3%)6% above
70434$1,100$1,200$1,390$1,790$2,050−$50 (−3.5%)3% above
70435$1,020$1,110$1,290$1,660$1,900−$50 (−3.7%)5% below
70437$900$1,020$1,210$1,560$1,800−$130 (−9.7%)11% below
70438$900$1,020$1,210$1,560$1,800−$130 (−9.7%)11% below
70445$900$1,020$1,210$1,560$1,800−$130 (−9.7%)11% below
70447$1,610$1,750$2,030$2,620$2,990+$30 (+1.5%)50% above
70448$1,240$1,350$1,570$2,020$2,340−$150 (−8.7%)16% above
70452$900$1,020$1,210$1,560$1,800−$130 (−9.7%)11% below
70457$1,020$1,110$1,290$1,660$1,900−$50 (−3.7%)5% below
70458$1,180$1,280$1,490$1,920$2,200−$40 (−2.6%)10% above
70459$1,100$1,200$1,390$1,790$2,050−$50 (−3.5%)3% above
70460$1,000$1,080$1,260$1,620$1,860−$90 (−6.7%)7% below
70461$1,030$1,120$1,300$1,680$1,920−$40 (−3.0%)4% below
70463$900$1,020$1,210$1,560$1,800−$130 (−9.7%)11% below
70464$950$1,030$1,210$1,560$1,800−$130 (−9.7%)11% below
70469$1,100$1,200$1,390$1,790$2,050−$50 (−3.5%)3% above
70470$1,100$1,200$1,390$1,790$2,050−$50 (−3.5%)3% above
70471$1,080$1,170$1,360$1,750$2,010−$20 (−1.4%)about the same as

Sources

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.