Section 8 Fair Market Rent (FMR) for ZIP 70814 - 2027

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

Investment Score for ZIP 70814

N/A

Monthly Rent (2BR)

$1,100

Median Price (2BR)

$N/A

1% Rule

Annual Yield

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	$950
1 Bedroom	$970
2 Bedrooms	$1,100
3 Bedrooms	$1,390
4 Bedrooms	$1,760
5 Bedrooms	$2,042
6 Bedrooms	$2,287
7 Bedrooms	$2,470
8 Bedrooms	$2,594

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
3BR	$1,390	$209,729	0.66%	D
4BR	$1,760	$238,251	0.74%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

11,921

Median Household Income

$51,529

Housing Units

5,422

Renter Percentage

35.2%

Occupancy Rate

91.1%

Renter Occupied

1,738

ZIP code 70814 is situated within the Baton Rouge, LA HUD Metro Fair Market Rent (FMR) area. The FMR for ZIP 70814 in fiscal year 2024 is set at $1,230. This figure represents the maximum amount that a voucher holder can pay for rent and utilities combined. In comparison, the average market rent for the same ZIP code is $1,122, indicating that the FMR is slightly higher than what the market currently demands.

The median home value in ZIP 70814 is $209,918, which is lower than the typical home value in other ZIP codes within the Baton Rouge metro area. This suggests that 70814 could be considered a value pocket within the larger metro area, offering lower-priced homes relative to the overall market.

Additionally, the renter share in ZIP 70814 is 35.2%, which is notably higher than the average for the Baton Rouge metro area. A high proportion of renters, coupled with below-average home values, often indicates a strong presence of rental properties, including those suitable for Section 8 tenants. This combination makes ZIP 70814 an attractive location for landlords interested in participating in the Section 8 program.

To further contextualize, let's examine the broader metrics of the Baton Rouge, LA HUD Metro FMR area. Typically, ZIP codes within this area have higher median home values and lower renter shares compared to ZIP 70814. Therefore, based on the provided data, it is reasonable to infer that ZIP 70814 is a value pocket within the metro, offering opportunities for landlords who wish to cater to the needs of low-income renters through the Section 8 program.

Landlords and small-portfolio investors should take note of the following:

The FMR of $1,230 provides a benchmark for acceptable rent levels under the Section 8 program.
The market rent of $1,122 suggests that there is room for slight increases in rent without exceeding the FMR.
The median home value of $209,918 is lower than the metro average, making it a cost-effective area for property investment.
The 35.2% renter share points towards a robust demand for rental properties, especially those that qualify for Section 8 assistance.

In summary, ZIP 70814 presents itself as a value pocket within the Baton Rouge, LA HUD Metro FMR area, with characteristics that make it particularly appealing for landlords involved in the Section 8 program.

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.