Section 8 Fair Market Rent (FMR) for ZIP 70809 - 2027

Location: Baton Rouge, LA | Metro: Baton Rouge, LA HUD Metro FMR Area

Investment Score for ZIP 70809

C
Monthly Rent (2BR)
$1,390
Median Price (2BR)
$150,273
1% Rule
0.92%
Annual Yield
11.1%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,200
1 Bedroom$1,230
2 Bedrooms$1,390
3 Bedrooms$1,760
4 Bedrooms$2,230
5 Bedrooms$2,587
6 Bedrooms$2,897
7 Bedrooms$3,129
8 Bedrooms$3,285

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,230 $112,400 1.09% B
2BR $1,390 $150,273 0.92% C
3BR $1,760 $287,450 0.61% D
4BR $2,230 $463,772 0.48% F
5BR $2,587 $909,619 0.28% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
25,732
Median Household Income
$79,967
Housing Units
13,754
Renter Percentage
45.9%
Occupancy Rate
83.9%
Renter Occupied
5,292

The Fair Market Rent (FMR) for ZIP code 70809 in Baton Rouge, Louisiana, for fiscal year 2024 is set at $1550. This figure represents the payment standard for Section 8 housing vouchers in your area, meaning that if you participate in the program, you will receive up to $1550 per month from the government to cover the rent for eligible tenants.

Note that this is not the amount you should charge as rent; it's the maximum reimbursement rate from the Housing Choice Voucher Program. The typical market rent in this area, known as the ZORI (Zillow Rental Zestimate Index), is $1345, which is below the FMR. This suggests that there is room for landlords to potentially negotiate higher rents while still remaining within the voucher limits.

Baton Rouge has a strong rental market, with 45.9% of residents being renters. This high percentage indicates a significant demand for rental properties, making it a viable option for those considering their first Section 8 rental. However, the median home value in the area is around $311,110, which reflects the potential acquisition cost for a property in ZIP 70809.

To ensure success, you must verify that the property meets all HUD (Department of Housing and Urban Development) standards before participating in the Section 8 program. This includes ensuring that the unit is safe, decent, and sanitary. A thorough inspection and any necessary repairs can prevent delays in renting out the property.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.