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Metro FMR · CBSA 25220 · HUD FY2026
Hammond, LA MSA Fair Market Rent
HUD's FY2026 Fair Market Rent for the Hammond, LA MSA metro area - 12% below the US average.
- $848
- 1-bedroom FMR
- $1,099
- 2-bedroom FMR
- -0.4%
- YoY change
- -12%
- vs US avg
The verdict
A 2-bedroom in the Hammond, LA MSA area rents at $1,099 under HUD's FY2026 Fair Market Rent - 6% below the US average, lower than 82% of the 387 metro areas HUD tracks.
- #71
- most affordable of 387 US metros (2BR)
- -6%
- vs the US 2-bedroom average
- $43,960
- income to afford it (30% rule)
- -0.4%
- 1BR change, FY2025→2026
Hammond is the 4th cheapest of 10 HUD-tracked metro areas in LA by 1-bedroom FMR, a state where metro rents vary widely - the priciest metro runs 78% above the cheapest.
FY 2026 HUD Fair Market Rents for the Hammond, LA MSA metro area. Population: 133,953. Verify with HUD →
What these rents mean for the Hammond, LA MSA metro
HUD's FY 2026 Fair Market Rent schedule sets the Hammond, LA MSA Metro Area (CBSA 25220) 1-bedroom at $848, with a studio at $831, 2-bedroom at $1,099, 3-bedroom at $1,372, and 4-bedroom at $1,455. These are the 40th percentile of gross rents, utilities included, excluding telephone, meaning roughly 60% of standard-quality rentals in the metro cost more. Because HUD treats a metropolitan statistical area as a single rent market, every county inside the Hammond, LA MSA CBSA shares these FMR figures, and local housing authorities use them to set Section 8 Housing Choice Voucher payment standards (typically between 90% and 110% of FMR).
Against the national benchmark, a 1-bedroom in Hammond, LA MSA is 12% below the US 1-bedroom FMR of $959. Year-over-year the 1-bedroom FMR shifted from $851 in FY 2025 to $848 in FY 2026 - a change of -0.4%, which tracks roughly with broader price growth. Metro-level FMRs often diverge from the rents listed for any single suburb, so renters should view this as the HUD ceiling, not a street-level market rate.
For affordability, the 30% rule says rent should not exceed 30% of gross household income. At the FY 2026 1-bedroom FMR of $848, that implies a household income of $33,920 per year (about $2,827/month) - a 2-bedroom at $1,099 raises that income floor further. With a metro population of 133,953 and a median household income of $57,256, the gap between FMR and local wages determines how many households qualify as rent-burdened (paying more than 30% of income) or severely burdened (above 50%). Metro FMR also anchors the Small Area FMR program, which sets ZIP-level payment standards in designated metros to expand voucher choice into higher-opportunity neighborhoods.
Where Hammond sits among every US metro
2-bedroom Fair Market Rent vs. all 387 HUD metro areas
$1,099 higher than 18% of 387 metro areas
Each bar is a $0.2K-wide band; taller bars hold more metro areas. 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
Fair Market Rents by bedroom (2026)
HUD's FY2026 ceiling for each unit size, with the year-over-year change and how it compares to the US average.
Studio
$831
US avg $893
↓1.8% YoY
-7% vs US
1 Bedroom
$848
US avg $959
↓0.4% YoY
-12% vs US
2 Bedroom
$1,099
US avg $1,175
↑0.0% YoY
-6% vs US
3 Bedroom
$1,372
US avg $1,525
↑0.6% YoY
-10% vs US
4 Bedroom
$1,455
US avg $1,756
↓0.1% YoY
-17% vs US
Year over year, the 1-bedroom moved from $851 in FY2025 to $848 in FY2026 - a change of -0.4%, roughly tracking broader price growth.
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$33,920
$2,827/month gross
Required annual income for 2 BR
$43,960
$3,663/month gross
The local median household income is $57,256 - comfortably above the $43,960 needed to afford a 2-bedroom at FMR, leaving the median household with room under the 30% line.
How Hammond compares on 1-bedroom rent
1-bedroom FMR vs other LA metro areas
- Baton Rouge
Baton Rouge, LA HUD Metro FMR Area
$1,064 1BR FMR / mo
- Lake Charles
Lake Charles, LA HUD Metro FMR Area
$928 1BR FMR / mo
- Houma-Bayou Cane-Thibodaux
Houma-Bayou Cane-Thibodaux, LA MSA
$904 1BR FMR / mo
- Hammond
Hammond, LA MSA
$848 1BR FMR / mo
- Alexandria
Alexandria, LA MSA
$780 1BR FMR / mo
- Acadia Parish
Acadia Parish, LA HUD Metro FMR Area
$671 1BR FMR / mo
What this shows Hammond is highlighted. Bars are FY2026 HUD 1-bedroom Fair Market Rents.
Nearby & Similar Metro Areas
How Hammond stacks up against other metro areas in the same state, by 1-bedroom Fair Market Rent.
Frequently Asked Questions
What is the average rent in the Hammond, LA MSA metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Hammond, LA MSA is $848 per month. A 2-bedroom is $1,099 and a studio is $831.
How does Hammond, LA MSA rent compare to the national average? ▼
Rent in the Hammond, LA MSA metro area is 12% below the national average. A 1-bedroom costs $848 compared to $959 nationally.
What income do I need to afford rent in Hammond, LA MSA? ▼
Based on the 30% affordability rule, you need an annual income of at least $33,920 ($2,827/month) to afford a 1-bedroom at Fair Market Rent in the Hammond, LA MSA area.
Is rent going up or down in Hammond, LA MSA? ▼
The 1-bedroom Fair Market Rent in Hammond, LA MSA decreased by 0.4% from FY 2025 to FY 2026, going from $851 to $848.
How does Fair Market Rent affect Section 8 vouchers in Hammond, LA MSA? ▼
HUD uses Fair Market Rents to set maximum payment standards for Housing Choice Vouchers (Section 8) in the Hammond, LA MSA area. The FY 2026 FMR of $848/mo for a 1-bedroom sets the baseline, local housing authorities can set their payment standard between 90% and 110% of FMR.
What does Fair Market Rent mean for the Hammond, LA MSA area? ▼
Fair Market Rent (FMR) is the 40th percentile rent estimate set by HUD for the Hammond, LA MSA metro area. It includes rent plus the cost of utilities (except telephone). FMR is used to determine housing assistance payment amounts, set rent ceilings for certain HUD programs, and evaluate housing affordability.
Rental Guides
How Fair Market Rent Works
What FMR means, how HUD calculates it, and why it matters for renters
Section 8 Housing Guide
How Housing Choice Vouchers work, eligibility, and applying
Understanding Rent Burden
The 30% rule, what cost-burdened means, and how to evaluate affordability
Rent vs. Buy Decision
When renting makes more financial sense than buying a home
Explore Hammond, LA MSA rent data
What this means for renters
Treat the Hammond area's FY2026 Fair Market Rent as HUD's affordability benchmark, not a street-level market rate.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $848 implies about $33,920/yr to rent without being cost-burdened. Run your numbers
- Compare this metro against others before you commit to an area. Compare metros
- See where it ranks among the metros HUD tracks. View rankings
Metro FMRs are HUD's 40th-percentile benchmark used to set voucher payment standards and often diverge from the rents listed in any single suburb. HUD updates FMRs once a year.
Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).
Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area. HUD publishes updated FMRs annually.
Read our methodology - how this data is sourced, computed, and verified.
FY 2026 HUD FMR $848/mo · 1BR LA
Update cadence
Annual (FY)
Refreshed within 30 days of HUD release
Source
HUD User
huduser.gov/portal/datasets/fmr.html
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.