Section 8 Fair Market Rent (FMR) for ZIP 70543 - 2027

Location: Acadia Parish, LA | Metro: Acadia Parish, LA HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$620
1 Bedroom	$680
2 Bedrooms	$890
3 Bedrooms	$1,060
4 Bedrooms	$1,250
5 Bedrooms	$1,450
6 Bedrooms	$1,624
7 Bedrooms	$1,754
8 Bedrooms	$1,842

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

4,082

Median Household Income

$62,083

Housing Units

1,640

Renter Percentage

21.9%

Occupancy Rate

89.6%

Renter Occupied

322

The ZIP code 70543, located in Louisiana, is characterized by a modest-sized rental market that is influenced by both federal housing assistance programs and local economic conditions. This area offers opportunities for investors looking to enter a stable but competitive market.

The Fair Market Rent (FMR) for ZIP 70543 for fiscal year 2024 is set at $820, which represents the maximum amount that voucher holders can pay for rent and utilities.
The average market rent for properties in this ZIP code, according to the Census Bureau's American Community Survey, stands at $577, indicating a gap between federally supported rents and the actual market rates.
The median home value in ZIP 70543 is $183,731, reflecting a relatively affordable residential market for potential homebuyers and investors alike.
Renters make up 21.9% of the population in this area, suggesting a significant portion of the community relies on rental housing.
The median household income is $62,083, providing insight into the financial capacity of residents to afford housing costs.

Investors should consider the discrepancy between the FMR and market rent when evaluating potential returns. The lower market rent indicates a competitive landscape where securing tenants might require offering below the FMR. Additionally, the median home value and income levels suggest a balanced market where property values are likely to remain steady. Given the renter share, there is a consistent demand for rental units, making it a viable investment option for those interested in long-term, stable rental income.

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.