Ouachita Parish, LA

2024 Fair Market Rents

Tags: 2024 Monroe, LA HUD Metro FMR Area

Return to the state page to see where Louisiana ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Ouachita Parish are West Monroe, Monroe, Fairbanks, and Swartz. 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 Ouachita Parish use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Ouachita 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 Ouachita Parish compare?

Ouachita Parish ($995) has a 1.5% lower FMR for 2-Bedroom housing than the average of Louisiana ($1,010) and therefore has a lower gross rent.

Ouachita Parish is rank 32nd out of 64 counties. This means the FMRs, or in other words, the gross rent in Ouachita Parish is the median of all other counties in terms of FMRs.

Rent Tables Ouachita Parish, LA

Fair Market Rent (40th Percentile)

$753
studio
$757
1-Bedroom
$995
2-Bedroom
$1,245
3-Bedroom
$1,325
4-Bedroom

Median Rent (50th Percentile)

$807
studio
$811
1-Bedroom
$1,066
2-Bedroom
$1,334
3-Bedroom
$1,420
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
71201 $0 $780 $1,020 $1,280 $1,360
71202 $0 $650 $860 $1,080 $1,150
71203 $0 $790 $1,040 $1,300 $1,390
71207 $0 $770 $1,010 $1,260 $1,350
71209 $0 $790 $1,040 $1,300 $1,390
71210 $0 $770 $1,010 $1,260 $1,350
71211 $0 $770 $1,010 $1,260 $1,350
71213 $0 $770 $1,010 $1,260 $1,350
71240 $0 $770 $1,010 $1,260 $1,350
71281 $0 $770 $1,010 $1,260 $1,350
71291 $0 $780 $1,030 $1,290 $1,370
71292 $0 $690 $910 $1,140 $1,210
71294 $0 $770 $1,010 $1,260 $1,350
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
71201 $693 $702 $918 $1,152 $1,224
71202 $585 $585 $774 $972 $1,035
71203 $711 $711 $936 $1,170 $1,251
71207 $684 $693 $909 $1,134 $1,215
71209 $711 $711 $936 $1,170 $1,251
71210 $684 $693 $909 $1,134 $1,215
71211 $684 $693 $909 $1,134 $1,215
71213 $684 $693 $909 $1,134 $1,215
71240 $684 $693 $909 $1,134 $1,215
71281 $684 $693 $909 $1,134 $1,215
71291 $702 $702 $927 $1,161 $1,233
71292 $621 $621 $819 $1,026 $1,089
71294 $684 $693 $909 $1,134 $1,215
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
71201 $847 $858 $1,122 $1,408 $1,496
71202 $715 $715 $946 $1,188 $1,265
71203 $869 $869 $1,144 $1,430 $1,529
71207 $836 $847 $1,111 $1,386 $1,485
71209 $869 $869 $1,144 $1,430 $1,529
71210 $836 $847 $1,111 $1,386 $1,485
71211 $836 $847 $1,111 $1,386 $1,485
71213 $836 $847 $1,111 $1,386 $1,485
71240 $836 $847 $1,111 $1,386 $1,485
71281 $836 $847 $1,111 $1,386 $1,485
71291 $858 $858 $1,133 $1,419 $1,507
71292 $759 $759 $1,001 $1,254 $1,331
71294 $836 $847 $1,111 $1,386 $1,485

Fair Market Rents on this page apply to the following cities in Ouachita Parish, Louisiana: West Monroe, Monroe, Fairbanks, and Swartz.

These Fair Market Rents also apply to the following ZIP codes in Ouachita Parish, Louisiana: 71291, 71203, 71202, 71292, 71201, 71211, 71294, 71210, 71207, 71209, 71212, 71213, 71240, and 71281.

Ouachita Parish, LA is considered part of the following metro FMR area: MONROE, LA HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Union Parish, LA.

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