What is the Fair Market Rent for a 2-bedroom in Lafayette, LA HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Lafayette, LA HUD Metro FMR Area is $1,019 per month for fiscal year 2026. The studio FMR is $779, 1-bedroom is $898, 3-bedroom is $1,301, and 4-bedroom is $1,581.

What income do you need to afford the FMR in Lafayette, LA HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $40,760 per year ($3,397 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,019 in Lafayette, LA HUD Metro FMR Area.

FY2026 Fair Market Rents — Lafayette, LA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$779

1BR

$898

2BR

$1,019

3BR

$1,301

4BR

$1,581

Hours/week at min wage

109 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

YoY change (2BR)

-3.1%

$33 vs FY2025 · 5-yr +13.1%

Voucher payment standard

$917–$1,121

PHAs set HCV payment at 90–110% of the 2BR FMR

Lafayette, LA HUD Metro FMR Area

Non-Metropolitan area · LA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$779	$9,348
1-Bedroom	$898	$10,776
2-Bedroom	$1,019	$12,228
3-Bedroom	$1,301	$15,612
4-Bedroom	$1,581	$18,972

Recent 2-Bedroom FMR Trend

FY2020 $912 → FY2026 $1,019

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$779	$898	$1,019	$1,301	$1,581
FY2025	$740	$930	$1,052	$1,322	$1,736
FY2024	$701	$921	$1,034	$1,344	$1,755
FY2023	$658	$871	$984	$1,291	$1,670
FY2022	$608	$781	$890	$1,202	$1,387
FY2021	$634	$790	$901	$1,200	$1,363
FY2020	$660	$795	$912	$1,205	$1,326

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $90,300

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$19,000	$21,700	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$31,650	$36,150	$40,650	$45,150	$48,800	$52,400
80% AMI (Low)	$50,600	$57,800	$65,050	$72,250	$78,050	$83,850

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$12,228/yr

FMR as % of Area Median Income

13.5% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$40,760/yr

$3,397/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$790	$903	$1,015	$1,219	$1,309
60% AMI Maximum	$948	$1,083	$1,219	$1,462	$1,571

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$779	$898	$1,019	$1,301	$1,467
Low HOME Rent	$791	$903	$1,016	$1,128	$1,220

Compare Lafayette, LA HUD Metro FMR Area With Other LA Metros

vs. Acadia Parish, LA HUD Metro FMR Area vs. Alexandria, LA MSA vs. Assumption Parish, LA HUD Metro FMR Area vs. Baton Rouge, LA HUD Metro FMR Area vs. Hammond, LA MSA