FY2026 Fair Market Rents — Terrebonne Parish
Studio
$760
1BR
$904
2BR
$1,102
3BR
$1,330
4BR
$1,459
Terrebonne Parish, Louisiana
FIPS 22109 · County-level FMR and income limit data
FMR Area: Houma-Thibodaux, LA MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $760 | $9,120 |
| 1-Bedroom | $904 | $10,848 |
| 2-Bedroom | $1,102 | $13,224 |
| 3-Bedroom | $1,330 | $15,960 |
| 4-Bedroom | $1,459 | $17,508 |
To afford the FY2026 2-bedroom FMR of $1,102/mo under the 30%-of-income rule, a household needs about
$44,080/yr ($3,673/mo). Area Median Income is $86,600.
At LA's federal minimum wage of $7.25/hr, a worker would need to work 117 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $760 | $904 | $1,102 | $1,330 | $1,459 |
| FY2025 | $786 | $934 | $1,146 | $1,382 | $1,519 |
| FY2024 | $757 | $900 | $1,117 | $1,397 | $1,519 |
| FY2023 | $656 | $780 | $981 | $1,266 | $1,428 |
| FY2022 | $598 | $700 | $890 | $1,186 | $1,350 |
| FY2021 | $664 | $705 | $897 | $1,212 | $1,401 |
| FY2020 | $686 | $690 | $873 | $1,206 | $1,449 |
FY2026 Income Limits
Area Median Income: $86,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,500 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,150 | $33,300 | $37,450 | $41,600 | $44,950 | $48,300 |
| 80% AMI | $46,600 | $53,250 | $59,900 | $66,550 | $71,900 | $77,200 |