Location: St. Landry Parish, LA | Metro: St. Landry Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $640 |
| 1 Bedroom | $690 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,110 |
| 4 Bedrooms | $1,190 |
| 5 Bedrooms | $1,380 |
| 6 Bedrooms | $1,546 |
| 7 Bedrooms | $1,670 |
| 8 Bedrooms | $1,754 |
U.S. Census Bureau data (2024)
The ZIP code 71345, located in Lebeau, Louisiana, stands out due to its unique data signature. With only 34 residents, it has a remarkably high rental rate of 100%, indicating that all residents are renters. The median income and median home value data are not available, suggesting limited economic diversity or data reporting issues within the community.
\n\nMoving into the voucher economics, the Fair Market Rent (FMR) for ZIP 71345 is set at $840 for the metro area in fiscal year 2026. This figure is critical for landlords and small-portfolio investors as it represents the maximum rent allowed for Section 8 vouchers in the region. Without a reported market rent, the FMR serves as a key benchmark for rental pricing strategies.
\n\nThe data signature for ZIP 71345 reads as transitional. The lack of median income and home value data, coupled with the high rental rate, suggests a community that is evolving and may be undergoing changes in its economic structure. Landlords should monitor these trends closely as they could impact long-term investment decisions and rental income expectations.
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.