Location: Madison Parish, LA | Metro: Madison Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 71233 in the metro area for fiscal year 2026 is set at $830. This figure represents the payment standard used by the U.S. Department of Housing and Urban Development (HUD) for the Section 8 housing program, which is not the amount tenants will pay but rather the maximum amount HUD will reimburse landlords for renting units under this program.
When comparing the FMR to the average local rent of $775, as reported by the Census Bureau's American Community Survey (ACS), you can see that the Section 8 reimbursement rate is slightly higher. This difference ensures that landlords receive fair compensation for their properties while also making it affordable for low-income tenants.
The 42.4% renter share in ZIP 71233 indicates a strong demand for rental housing in the area. With such a significant portion of the population租房，这表明该地区对出租房屋的需求强劲。拥有42.4%的租房比例意味着市场上有很多潜在的租户可能会对Section 8住房感兴趣。然而，由于收购成本信息未提供（显示为N/A），投资者需要自行研究该地区的房地产市场，以确定购买房产的成本是否符合他们的投资策略。 在决定是否接受第一个Section 8租赁项目之前，投资者必须核实的一个关键点是：确保他们的物业符合所有适用的住房质量标准，即“适合居住”标准。这些标准由当地公共住房机构设定，包括基本的安全和卫生条件，如没有虫害、结构完好以及符合健康和安全规范。一旦确认物业满足这些要求，投资者就可以开始考虑如何将Section 8作为其投资组合的一部分。
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.