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

The HUD Fair Market Rent for a 2-bedroom unit in Iberia Parish, LA HUD Metro FMR Area is $920 per month for fiscal year 2025. The studio FMR is $714, 1-bedroom is $732, 3-bedroom is $1,174, and 4-bedroom is $1,545.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $36,800 per year ($3,067 per month) to afford the FY2025 2-bedroom Fair Market Rent of $920 in Iberia Parish, LA HUD Metro FMR Area.

FY2025 Fair Market Rents — Iberia Parish, LA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio

$714

1BR

$732

2BR

$920

3BR

$1,174

4BR

$1,545

Hours/week at min wage

98 hrs

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

National rank

#578

of 639 U.S. metros (top 91% most expensive)

YoY change (2BR)

+1.5%

+$14 vs FY2024 · 5-yr +14.6%

Voucher payment standard

$828–$1,012

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

Iberia Parish, LA HUD Metro FMR Area

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

FY2025 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$714	$8,568
1-Bedroom	$732	$8,784
2-Bedroom	$920	$11,040
3-Bedroom	$1,174	$14,088
4-Bedroom	$1,545	$18,540

Recent 2-Bedroom FMR Trend

FY2019 $773 → FY2025 $920

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2025	$714	$732	$920	$1,174	$1,545
FY2024	$685	$690	$906	$1,167	$1,510
FY2023	$700	$704	$927	$1,180	$1,448
FY2022	$614	$629	$828	$1,054	$1,262
FY2021	$597	$601	$792	$987	$1,254
FY2020	$606	$610	$803	$1,001	$1,332
FY2019	$591	$594	$773	$968	$1,083

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $62,100

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$15,060	$20,440	$25,820	$31,050	$33,550	$36,050
50% AMI (Very Low)	$21,750	$24,850	$27,950	$31,050	$33,550	$36,050
80% AMI (Low)	$34,800	$39,800	$44,750	$49,700	$53,700	$57,700

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$11,040/yr

FMR as % of Area Median Income

17.8% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$36,800/yr

$3,067/mo gross income

FY2024 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	$543	$621	$698	$838	$900
60% AMI Maximum	$652	$745	$838	$1,006	$1,080

FY2024 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	$685	$690	$906	$1,009	$1,009
Low HOME Rent	$543	$621	$698	$776	$838

Compare Iberia Parish, 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