FY2026 Fair Market Rents — Ouachita Parish
Studio
$765
1BR
$793
2BR
$1,026
3BR
$1,319
4BR
$1,358
Ouachita Parish, Louisiana
FIPS 22073 · County-level FMR and income limit data
FMR Area: Monroe, LA MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $765 | $9,180 |
| 1-Bedroom | $793 | $9,516 |
| 2-Bedroom | $1,026 | $12,312 |
| 3-Bedroom | $1,319 | $15,828 |
| 4-Bedroom | $1,358 | $16,296 |
To afford the FY2026 2-bedroom FMR of $1,026/mo under the 30%-of-income rule, a household needs about
$41,040/yr ($3,420/mo). Area Median Income is $78,700.
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 | $765 | $793 | $1,026 | $1,319 | $1,358 |
| FY2025 | $766 | $767 | $995 | $1,276 | $1,319 |
| FY2024 | $753 | $757 | $995 | $1,245 | $1,325 |
| FY2023 | $665 | $669 | $881 | $1,093 | $1,184 |
| FY2022 | $615 | $619 | $815 | $1,011 | $1,115 |
| FY2021 | $606 | $610 | $804 | $1,012 | $1,111 |
| FY2020 | $596 | $600 | $774 | $991 | $1,078 |
FY2026 Income Limits
Area Median Income: $78,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,500 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,500 | $31,400 | $35,350 | $39,250 | $42,400 | $45,550 |
| 80% AMI | $44,000 | $50,250 | $56,500 | $62,800 | $67,850 | $72,850 |