FY2026 Fair Market Rents — Lafayette Parish
Studio
$779
1BR
$898
2BR
$1,019
3BR
$1,301
4BR
$1,581
Lafayette Parish, Louisiana
FIPS 22055 · County-level FMR and income limit data
FMR Area: Lafayette, LA HUD Metro FMR Area
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 |
To afford the FY2026 2-bedroom FMR of $1,019/mo under the 30%-of-income rule, a household needs about
$40,760/yr ($3,397/mo). Area Median Income is $90,300.
At LA's federal minimum wage of $7.25/hr, a worker would need to work 109 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $90,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,000 | $21,700 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,650 | $36,150 | $40,650 | $45,150 | $48,800 | $52,400 |
| 80% AMI | $50,600 | $57,800 | $65,050 | $72,250 | $78,050 | $83,850 |