Vermilion Parish, LA

2024 Fair Market Rents

Tags: 2024 Vermilion Parish, 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 three largest cities in Vermilion Parish are Abbeville, Kaplan, and Perry. 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 Vermilion Parish use?

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

Vermilion Parish ($822) has a 18.6% lower FMR for 2-Bedroom housing than the average of Louisiana ($1,010) and therefore has a lower gross rent.

Vermilion Parish is rank 44th out of 64 counties. This means the FMRs, or in other words, the gross rent is lower than 43 other counties. Vermilion Parish is the 21st cheapest county in terms of FMRs.

Rent Tables Vermilion Parish, LA

Fair Market Rent (40th Percentile)

$568
studio
$732
1-Bedroom
$822
2-Bedroom
$1,091
3-Bedroom
$1,095
4-Bedroom

Median Rent (50th Percentile)

$576
studio
$743
1-Bedroom
$834
2-Bedroom
$1,107
3-Bedroom
$1,111
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
70510 $590 $760 $850 $1,130 $1,130
70548 $570 $730 $820 $1,090 $1,090
70575 $570 $730 $820 $1,090 $1,090
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
70510 $531 $684 $765 $1,017 $1,017
70548 $513 $657 $738 $981 $981
70575 $513 $657 $738 $981 $981
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
70510 $649 $836 $935 $1,243 $1,243
70548 $627 $803 $902 $1,199 $1,199
70575 $627 $803 $902 $1,199 $1,199

Fair Market Rents on this page apply to the following cities in Vermilion Parish, Louisiana: Abbeville, Kaplan, and Perry.

These Fair Market Rents also apply to the following ZIP codes in Vermilion Parish, Louisiana: 70510, 70548, and 70575.

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

More on Vermilion 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.