FY2026 Fair Market Rents — Iberia Parish
Studio
$679
1BR
$764
2BR
$905
3BR
$1,193
4BR
$1,473
Iberia Parish, Louisiana
FIPS 22045 · County-level FMR and income limit data
FMR Area: Iberia Parish, LA HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $679 | $8,148 |
| 1-Bedroom | $764 | $9,168 |
| 2-Bedroom | $905 | $10,860 |
| 3-Bedroom | $1,193 | $14,316 |
| 4-Bedroom | $1,473 | $17,676 |
To afford the FY2026 2-bedroom FMR of $905/mo under the 30%-of-income rule, a household needs about
$36,200/yr ($3,017/mo). Area Median Income is $75,400.
At LA's federal minimum wage of $7.25/hr, a worker would need to work 97 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $679 | $764 | $905 | $1,193 | $1,473 |
| 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 |
FY2026 Income Limits
Area Median Income: $75,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $43,250 |
| 50% AMI | $26,100 | $29,800 | $33,550 | $37,250 | $40,250 | $43,250 |
| 80% AMI | $41,750 | $47,700 | $53,650 | $59,600 | $64,400 | $69,150 |