FY2026 Fair Market Rents — Vernon Parish
Studio
$788
1BR
$793
2BR
$1,041
3BR
$1,336
4BR
$1,433
Vernon Parish, Louisiana
FIPS 22115 · County-level FMR and income limit data
FMR Area: Vernon Parish, LA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $788 | $9,456 |
| 1-Bedroom | $793 | $9,516 |
| 2-Bedroom | $1,041 | $12,492 |
| 3-Bedroom | $1,336 | $16,032 |
| 4-Bedroom | $1,433 | $17,196 |
To afford the FY2026 2-bedroom FMR of $1,041/mo under the 30%-of-income rule, a household needs about
$41,640/yr ($3,470/mo). Area Median Income is $70,200.
At LA's federal minimum wage of $7.25/hr, a worker would need to work 111 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $788 | $793 | $1,041 | $1,336 | $1,433 |
| FY2025 | $875 | $881 | $1,156 | $1,484 | $1,592 |
| FY2024 | $789 | $794 | $1,043 | $1,342 | $1,465 |
| FY2023 | $725 | $730 | $961 | $1,209 | $1,369 |
| FY2022 | $663 | $705 | $928 | $1,152 | $1,387 |
| FY2021 | $730 | $780 | $1,028 | $1,279 | $1,541 |
| FY2020 | $729 | $818 | $1,078 | $1,343 | $1,611 |
FY2026 Income Limits
Area Median Income: $70,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $37,950 | $40,750 |
| 50% AMI | $24,600 | $28,100 | $31,600 | $35,100 | $37,950 | $40,750 |
| 80% AMI | $39,350 | $44,950 | $50,550 | $56,150 | $60,650 | $65,150 |