Rapides Parish, LA

2024 Fair Market Rents

Tags: 2024 Alexandria, LA MSA

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 Rapides Parish are Alexandria, Boyce, Ball, and Lecompte. 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 Rapides Parish use?

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

Rapides 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.

Rapides Parish is rank 27th out of 64 counties. This means the FMRs, or in other words, the gross rent is higher than 37 other counties. Rapides Parish is the 27th most expensive county in terms of FMRs.

Rent Tables Rapides Parish, LA

Fair Market Rent (40th Percentile)

$674
studio
$757
1-Bedroom
$995
2-Bedroom
$1,343
3-Bedroom
$1,489
4-Bedroom

Median Rent (50th Percentile)

$708
studio
$795
1-Bedroom
$1,044
2-Bedroom
$1,409
3-Bedroom
$1,562
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
71301 $660 $750 $980 $1,320 $1,470
71302 $620 $700 $920 $1,240 $1,380
71303 $780 $880 $1,150 $1,550 $1,720
71306 $680 $760 $1,000 $1,350 $1,500
71307 $680 $760 $1,000 $1,350 $1,500
71315 $680 $760 $1,000 $1,350 $1,500
71330 $680 $760 $1,000 $1,350 $1,500
71346 $560 $630 $820 $1,110 $1,230
71348 $680 $760 $1,000 $1,350 $1,500
71359 $680 $760 $1,000 $1,350 $1,500
71365 $680 $760 $1,000 $1,350 $1,500
71405 $660 $750 $980 $1,320 $1,470
71409 $660 $740 $970 $1,310 $1,450
71424 $640 $720 $950 $1,280 $1,420
71430 $620 $690 $910 $1,230 $1,360
71438 $680 $760 $1,000 $1,350 $1,500
71448 $680 $760 $1,000 $1,350 $1,500
71466 $680 $760 $1,000 $1,350 $1,500
71472 $680 $760 $1,000 $1,350 $1,500
71477 $680 $760 $1,000 $1,350 $1,500
71485 $760 $850 $1,120 $1,510 $1,680
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
71301 $594 $675 $882 $1,188 $1,323
71302 $558 $630 $828 $1,116 $1,242
71303 $702 $792 $1,035 $1,395 $1,548
71306 $612 $684 $900 $1,215 $1,350
71307 $612 $684 $900 $1,215 $1,350
71315 $612 $684 $900 $1,215 $1,350
71330 $612 $684 $900 $1,215 $1,350
71346 $504 $567 $738 $999 $1,107
71348 $612 $684 $900 $1,215 $1,350
71359 $612 $684 $900 $1,215 $1,350
71365 $612 $684 $900 $1,215 $1,350
71405 $594 $675 $882 $1,188 $1,323
71409 $594 $666 $873 $1,179 $1,305
71424 $576 $648 $855 $1,152 $1,278
71430 $558 $621 $819 $1,107 $1,224
71438 $612 $684 $900 $1,215 $1,350
71448 $612 $684 $900 $1,215 $1,350
71466 $612 $684 $900 $1,215 $1,350
71472 $612 $684 $900 $1,215 $1,350
71477 $612 $684 $900 $1,215 $1,350
71485 $684 $765 $1,008 $1,359 $1,512
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
71301 $726 $825 $1,078 $1,452 $1,617
71302 $682 $770 $1,012 $1,364 $1,518
71303 $858 $968 $1,265 $1,705 $1,892
71306 $748 $836 $1,100 $1,485 $1,650
71307 $748 $836 $1,100 $1,485 $1,650
71315 $748 $836 $1,100 $1,485 $1,650
71330 $748 $836 $1,100 $1,485 $1,650
71346 $616 $693 $902 $1,221 $1,353
71348 $748 $836 $1,100 $1,485 $1,650
71359 $748 $836 $1,100 $1,485 $1,650
71365 $748 $836 $1,100 $1,485 $1,650
71405 $726 $825 $1,078 $1,452 $1,617
71409 $726 $814 $1,067 $1,441 $1,595
71424 $704 $792 $1,045 $1,408 $1,562
71430 $682 $759 $1,001 $1,353 $1,496
71438 $748 $836 $1,100 $1,485 $1,650
71448 $748 $836 $1,100 $1,485 $1,650
71466 $748 $836 $1,100 $1,485 $1,650
71472 $748 $836 $1,100 $1,485 $1,650
71477 $748 $836 $1,100 $1,485 $1,650
71485 $836 $935 $1,232 $1,661 $1,848

Fair Market Rents on this page apply to the following cities in Rapides Parish, Louisiana: Alexandria, Boyce, Ball, Lecompte, Woodworth, Forest Hill, Hineston, Elmer, Tioga, Echo, Libuse, Pineville, Ruby, Longleaf, Otis, and Sieper.

These Fair Market Rents also apply to the following ZIP codes in Rapides Parish, Louisiana: 71301, 71303, 71302, 71409, 71405, 71346, 71485, 71430, 71438, 71315, 71424, 71477, 71306, 71307, 71309, 71330, 71348, 71359, 71365, and 71448.

Rapides Parish, LA is considered part of the following metro FMR area: ALEXANDRIA, LA MSA.

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

More on Rapides Parish, LA

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Data Source

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