Iberia Parish, LA

2024 Fair Market Rents

Tags: 2024 Iberia Parish, LA HUD Metro FMR Area

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The top four largest cities in Iberia Parish are New Iberia, Saint Martinville, Youngsville, and Broussard. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Iberia Parish use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Iberia Parish is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Iberia Parish compare?

Iberia Parish ($906) has a 10.3% lower FMR for 2-Bedroom housing than the average of Louisiana ($1,010) and therefore has a lower gross rent.

Iberia Parish is rank 37th out of 64 counties. This means the FMRs, or in other words, the gross rent is lower than 36 other counties. Iberia Parish is the 28th cheapest county in terms of FMRs.

Rent Tables Iberia Parish, LA

Fair Market Rent (40th Percentile)

$685
studio
$690
1-Bedroom
$906
2-Bedroom
$1,167
3-Bedroom
$1,510
4-Bedroom

Median Rent (50th Percentile)

$736
studio
$741
1-Bedroom
$973
2-Bedroom
$1,253
3-Bedroom
$1,621
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
70518 $780 $1,010 $1,150 $1,490 $1,940
70560 $670 $790 $890 $1,170 $1,510
70563 $810 $810 $1,070 $1,380 $1,780
70582 $630 $790 $890 $1,170 $1,510
70592 $870 $1,140 $1,280 $1,670 $2,140
70513 $670 $680 $890 $1,150 $1,480
70518 $780 $1,010 $1,150 $1,490 $1,940
70528 $630 $710 $840 $1,080 $1,310
70533 $630 $730 $840 $1,090 $1,310
70544 $630 $640 $840 $1,070 $1,370
70552 $740 $750 $980 $1,260 $1,630
70560 $670 $790 $890 $1,170 $1,510
70562 $690 $690 $910 $1,170 $1,520
70563 $810 $810 $1,070 $1,380 $1,780
70569 $690 $690 $910 $1,170 $1,520
70582 $630 $790 $890 $1,170 $1,510
70592 $870 $1,140 $1,280 $1,670 $2,140
70528 $630 $710 $840 $1,080 $1,310
70533 $630 $730 $840 $1,090 $1,310
70560 $670 $790 $890 $1,170 $1,510
70592 $870 $1,140 $1,280 $1,670 $2,140
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
70518 $702 $909 $1,035 $1,341 $1,746
70560 $603 $711 $801 $1,053 $1,359
70563 $729 $729 $963 $1,242 $1,602
70582 $567 $711 $801 $1,053 $1,359
70592 $783 $1,026 $1,152 $1,503 $1,926
70513 $603 $612 $801 $1,035 $1,332
70518 $702 $909 $1,035 $1,341 $1,746
70528 $567 $639 $756 $972 $1,179
70533 $567 $657 $756 $981 $1,179
70544 $567 $576 $756 $963 $1,233
70552 $666 $675 $882 $1,134 $1,467
70560 $603 $711 $801 $1,053 $1,359
70562 $621 $621 $819 $1,053 $1,368
70563 $729 $729 $963 $1,242 $1,602
70569 $621 $621 $819 $1,053 $1,368
70582 $567 $711 $801 $1,053 $1,359
70592 $783 $1,026 $1,152 $1,503 $1,926
70528 $567 $639 $756 $972 $1,179
70533 $567 $657 $756 $981 $1,179
70560 $603 $711 $801 $1,053 $1,359
70592 $783 $1,026 $1,152 $1,503 $1,926
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
70518 $858 $1,111 $1,265 $1,639 $2,134
70560 $737 $869 $979 $1,287 $1,661
70563 $891 $891 $1,177 $1,518 $1,958
70582 $693 $869 $979 $1,287 $1,661
70592 $957 $1,254 $1,408 $1,837 $2,354
70513 $737 $748 $979 $1,265 $1,628
70518 $858 $1,111 $1,265 $1,639 $2,134
70528 $693 $781 $924 $1,188 $1,441
70533 $693 $803 $924 $1,199 $1,441
70544 $693 $704 $924 $1,177 $1,507
70552 $814 $825 $1,078 $1,386 $1,793
70560 $737 $869 $979 $1,287 $1,661
70562 $759 $759 $1,001 $1,287 $1,672
70563 $891 $891 $1,177 $1,518 $1,958
70569 $759 $759 $1,001 $1,287 $1,672
70582 $693 $869 $979 $1,287 $1,661
70592 $957 $1,254 $1,408 $1,837 $2,354
70528 $693 $781 $924 $1,188 $1,441
70533 $693 $803 $924 $1,199 $1,441
70560 $737 $869 $979 $1,287 $1,661
70592 $957 $1,254 $1,408 $1,837 $2,354

Fair Market Rents on this page apply to the following cities in Iberia Parish, Louisiana: New Iberia, Saint Martinville, Youngsville, Broussard, Jeanerette, Erath, Delcambre, Loreauville, Lydia, and Avery Island.

These Fair Market Rents also apply to the following ZIP codes in Iberia Parish, Louisiana: 70560, 70582, 70592, 70563, 70518, 70544, 70533, 70562, 70528, 70552, 70569, and 70513.

Iberia Parish, LA is considered part of the following metro FMR area: IBERIA PARISH, LA HUD METRO FMR AREA.

More on Iberia Parish, LA

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Fair Market Rents are published by the Department of Housing And Urban Development.