Location: St. Mary Parish, LA | Metro: St. Mary Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
ZIP code 70522, located within St. Mary Parish, Louisiana, presents a unique scenario when compared against typical ZIP codes within its metro area. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $950. This figure represents the maximum amount that a low-income family can pay for housing while still having enough money left over for other necessities.
The lack of specific market rent and home value data for ZIP 70522 makes it challenging to draw direct comparisons with other ZIP codes within the parish. However, the significant renter share of 85.8% suggests a strong demand for rental properties in this area. In a typical St. Mary Parish ZIP, the renter share would likely be lower, indicating a higher proportion of homeownership.
Given the high renter share and the absence of market rent and home value data, we can infer that ZIP 70522 could potentially be a value pocket within the metro area. Value pockets are areas where rental properties are more affordable relative to the broader market, attracting a larger number of renters. The FMR of $950 serves as an upper limit for subsidized housing, meaning landlords in ZIP 70522 might find it advantageous to offer rental units priced slightly below this threshold to attract Section 8 tenants.
Without additional market rent and home value data, it's prudent to avoid definitive conclusions about the exact positioning of ZIP 70522 within the St. Mary Parish real estate market. However, the high concentration of renters combined with the established FMR does indicate a favorable environment for those interested in Section 8 properties. Landlords and small-portfolio investors should consider this ZIP code as a potential opportunity for securing stable rental income through government assistance programs.
To further understand the dynamics of ZIP 70522, a deeper analysis of local rental trends and property management practices would be beneficial. Engaging with local real estate professionals and reviewing recent rental listings could provide insights into how the area compares to other ZIP codes within the parish and help identify any emerging trends that could influence investment decisions.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.