County FMR · HUD FY2026
Lafayette Parish Fair Market Rent
HUD's FY2026 Fair Market Rent for Lafayette Parish, LA - 6% below the US average.
- $898
- 1-bedroom FMR
- $1,019
- 2-bedroom FMR
- -3.4%
- YoY change
- -6%
- vs US avg
The verdict
Lafayette is the 28th most expensive of 64 counties in Louisiana by 2-bedroom FMR.
- #28
- most expensive of 64 in Louisiana (2BR)
- +8%
- vs the state average
- $35,920
- income to afford it (30% rule)
- -3.4%
- YoY, FY2025→2026
Software Developers spend the smallest share of income on rent here (10.5%), while Fast Food and Counter Workers spend the most (46.6%).
FY 2026 HUD Fair Market Rent for Lafayette Parish, LA. Verify with HUD →
The Fair Market Rent for a 1-bedroom apartment in Lafayette Parish, Louisiana is $898 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,019/mo and a studio is $779/mo. This is 6% lower than the national average of $959 and 8% above the Louisiana average of $832.
Rent decreased3.4% from FY 2025 ($930), declining against the trend. To afford rent here, a household needs at least $35,920/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in Louisiana. Population: 243,175. Population has held roughly steady over the past five years (+2.1%, Census ACS). That's faster than Louisiana's statewide growth of -0.9% over the same period.
What these rents mean for Lafayette Parish
The Lafayette Parish FMR area applies to all ZIP codes inside the county boundary, and Louisiana's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.
Compared to the rest of the country, a 1-bedroom here is 6% below the US average of $959 and 8% higher than the Louisiana state average of $832. Year-over-year, the 1-bedroom FMR moved from$930 in FY 2025 to $898 in FY 2026 - a change of -3.4%, which is unusual and suggests softening demand or revised HUD sampling.
At the FY 2026 1-bedroom FMR of $898, affording it under the 30%-of-income rule takes $35,920 per year (about $2,993/month) in household income, and a 2-bedroom at $1,019 pushes that threshold even higher. With a population of 243,175 and a county median household income of $67,660, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $740 | $779 | +$39 (+5.3%) |
| 1 Bedroom | $930 | $898 | $-32 (-3.4%) |
| 2 Bedroom | $1,052 | $1,019 | $-33 (-3.1%) |
| 3 Bedroom | $1,322 | $1,301 | $-21 (-1.6%) |
| 4 Bedroom | $1,736 | $1,581 | $-155 (-8.9%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in Lafayette Parish. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Lafayette Parish 2-bedroom rent burden
Where Lafayette sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,019 higher than 49% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Lafayette compares on 1-bedroom rent
1-bedroom FMR vs other Louisiana counties
- St. Tammany
St. Tammany Parish
$1,130 1BR FMR / mo
- Jefferson
Jefferson Parish
$1,113 1BR FMR / mo
- Orleans
Orleans Parish
$1,113 1BR FMR / mo
- East Baton Rouge
East Baton Rouge Parish
$1,064 1BR FMR / mo
- Caddo
Caddo Parish
$982 1BR FMR / mo
- Calcasieu
Calcasieu Parish
$928 1BR FMR / mo
- Lafayette
Lafayette Parish
$898 1BR FMR / mo
What this shows Lafayette is highlighted. Nearby Louisiana counties by 1-bedroom FMR, highest to lowest: St. Tammany Parish ($1,130), Jefferson Parish ($1,113), Orleans Parish ($1,113), East Baton Rouge Parish ($1,064), Caddo Parish ($982), Calcasieu Parish ($928), Lafayette Parish (this county) ($898).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $898/mo compares to Louisiana salaries for popular occupations (BLS wage data, 30%-of-income rule).
| Occupation | LA Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $102,290 | 10.5% | Affordable |
| General & Operations Managers | $102,060 | 10.6% | Affordable |
| Registered Nurses | $78,880 | 13.7% | Affordable |
| Accountants & Auditors | $69,540 | 15.5% | Affordable |
| Electricians | $59,590 | 18.1% | Affordable |
| Elementary School Teachers | $52,280 | 20.6% | Affordable |
| Police & Sheriff's Patrol Officers | $50,580 | 21.3% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $48,770 | 22.1% | Affordable |
| Paralegals & Legal Assistants | $47,580 | 22.6% | Affordable |
| Pharmacy Technicians | $38,700 | 27.8% | Affordable |
| Customer Service Representatives | $35,890 | 30% | Affordable |
| Retail Salespersons | $28,820 | 37.4% | Stretched |
| Janitors & Cleaners | $27,940 | 38.6% | Stretched |
| Teaching Assistants | $27,040 | 39.9% | Stretched |
| Fast Food & Counter Workers | $23,110 | 46.6% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Lafayette Parish. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Lafayette (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 13.0% overall, from $795 to $898. Rent fell in 3 of the last 6 tracked years, including a 11.5% drop in FY 2023 - an unusual multi-year softening rather than the steady increases seen in most US counties.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↓3.4% | $779 | $898 | $1,019 |
| FY 2025 ↑1.0% | $740 | $930 | $1,052 |
| FY 2024 ↑5.7% | $701 | $921 | $1,034 |
| FY 2023 ↑11.5% | $658 | $871 | $984 |
| FY 2022 ↓1.1% | $608 | $781 | $890 |
| FY 2021 ↓0.6% | $634 | $790 | $901 |
| FY 2020 | $660 | $795 | $912 |
Part of the Lafayette, LA Metro Area
Lafayette Parish is a central county of the Lafayette, LA metropolitan statistical area, alongside 3 other metro-area counties.
Lafayette Parish ranks #2 of 4 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: St. Martin Parish ($898), Lafayette Parish (this county) ($898), Vermilion Parish ($761), Acadia Parish ($671).
Nearby Counties in Louisiana
Largest counties by population in Louisiana
Frequently Asked Questions
What is the average rent in Lafayette Parish? ▼
How does Lafayette Parish rent compare to the national average? ▼
What income do I need to afford rent in Lafayette Parish? ▼
Is rent going up or down in Lafayette Parish? ▼
Which jobs can afford rent in Lafayette Parish? ▼
How much has rent changed in Lafayette Parish over time? ▼
How does Fair Market Rent affect Section 8 vouchers in Lafayette Parish? ▼
What does Fair Market Rent mean for Lafayette Parish? ▼
What this means for renters
Treat Lafayette's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $898 implies about $35,920/yr to rent without being cost-burdened. Run your numbers
- Compare this county against nearby metros and states before signing a lease. Compare areas
- See where it sits on the national rent map. View rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Lafayette can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.