FY2026 Fair Market Rents — Madison Parish
Studio
$616
1BR
$638
2BR
$834
3BR
$1,100
4BR
$1,399
Madison Parish, Louisiana
FIPS 22065 · County-level FMR and income limit data
FMR Area: Madison Parish, LA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $616 | $7,392 |
| 1-Bedroom | $638 | $7,656 |
| 2-Bedroom | $834 | $10,008 |
| 3-Bedroom | $1,100 | $13,200 |
| 4-Bedroom | $1,399 | $16,788 |
To afford the FY2026 2-bedroom FMR of $834/mo under the 30%-of-income rule, a household needs about
$33,360/yr ($2,780/mo). Area Median Income is $52,000.
At LA's federal minimum wage of $7.25/hr, a worker would need to work 89 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $616 | $638 | $834 | $1,100 | $1,399 |
| FY2025 | $684 | $688 | $903 | $1,117 | $1,516 |
| FY2024 | $621 | $626 | $822 | $1,068 | $1,395 |
| FY2023 | $563 | $566 | $740 | $1,026 | $1,247 |
| FY2022 | $549 | $552 | $696 | $989 | $1,074 |
| FY2021 | $580 | $584 | $725 | $994 | $998 |
| FY2020 | $536 | $539 | $710 | $920 | $962 |
FY2026 Income Limits
Area Median Income: $52,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $36,600 | $39,300 |
| 50% AMI | $23,700 | $27,100 | $30,500 | $33,850 | $36,600 | $39,300 |
| 80% AMI | $37,950 | $43,350 | $48,750 | $54,150 | $58,500 | $62,850 |