Metro FMR · CBSA 43640 · HUD FY2026
Slidell-Mandeville-Covington, LA MSA Fair Market Rent
HUD's FY2026 Fair Market Rent for the Slidell-Mandeville-Covington, LA MSA metro area - 18% above the US average.
- $1,130
- 1-bedroom FMR
- $1,331
- 2-bedroom FMR
- +18%
- vs US avg
The verdict
A 2-bedroom in the Slidell-Mandeville-Covington, LA MSA area rents at $1,331 under HUD's FY2026 Fair Market Rent - 13% above the US average, higher than 52% of the 387 metro areas HUD tracks.
- #186
- priciest of 387 US metros (2BR)
- +13%
- vs the US 2-bedroom average
- $53,240
- income to afford it (30% rule)
Affordability & income context
Slidell-Mandeville-Covington: #186 priciest nationally · income context
At the metro's ACS median household income of $79,277, this 1-bedroom FMR takes 17.1% of annual income. It is well below the 30% affordability guide for a median-income household.
The 2-bedroom figure places Slidell-Mandeville-Covington in the middle half of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.
With 266,168 residents, this is a mid-sized metro benchmark rather than a single-neighborhood rent quote.
The ACS rental vacancy rate here is 7.0%, close to the range where market rents and HUD's FMR benchmark tend to track each other.
The Census ACS median gross rent across all rental units here is $1,305/month - the FY2026 HUD two-bedroom FMR of $1,331 runs 2.0% above that all-unit-types median. The two figures measure different things (ACS covers every rented unit; FMR targets a specific bedroom count), so a gap is expected, not an error.
Its 2-bedroom FMR sits in the middle half of HUD metro areas, so the local-income comparison is more informative than the national rank alone.
The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.
Observed renter burden: 47.5% of the 21,873 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.
ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.
Studio
$990/mo
15.0% of median income
1 Bedroom
$1,130/mo
17.1% of median income
2 Bedroom
$1,331/mo
20.1% of median income
3 Bedroom
$1,724/mo
26.1% of median income
4 Bedroom
$1,996/mo
30.2% of median income
FMR filing desk
CBSA CBSA·43640
Slidell-Mandeville-Covington: $1,130/mo 1BR · #186 of 387 metros (2BR) · FY2026 CBSA 43640
- CBSA 43640
- 1BR-FMR $1,130
- 2BR-FMR $1,331
- RANK-MID #186
- YOY-NA YoY pending
- VSUS-ABOVE +18%
- IN-ST-HIGH #10 LA
- INC-ROOM 17%
- POP-MAJOR 266K
- PHOTO-NEAR Acadia Parish
- VOUCH-90-110 $1,017–$1,243
- FY-2026 FY2026
Photo-finish peer: Acadia Parish ($459 1BR gap)
Read with: Understanding rent burden
Where Slidell-Mandeville-Covington sits among every US metro
2-bedroom Fair Market Rent vs. all 387 HUD metro areas
$1,331 higher than 52% 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.
What this shows #186 of 387 HUD-tracked metro areas, 13% above the national 2-bedroom average. 94 other metro areas fall in this same rent band.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
Slidell-Mandeville-Covington studio–4BR schedule (FY2026) · 2BR #186 nationally
Each bedroom band is FY2026 HUD Fair Market Rent for CBSA 43640 (266,168 residents).
How Slidell-Mandeville-Covington compares on 1-bedroom rent
1-bedroom FMR vs other LA metro areas
- Slidell-Mandeville-Covington
Slidell-Mandeville-Covington, LA MSA
$1,130 1BR FMR / mo
- Baton Rouge
Baton Rouge, LA HUD Metro FMR Area
$1,064 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 Slidell-Mandeville-Covington highlighted among 5 peers · FY2026 1BR HUD FMR.
Slidell-Mandeville-Covington: out-of-state FMR & burden peers
PlainRent pairs Slidell-Mandeville-Covington with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside LA (burden peers exclude the FMR set; pop ≥50k).
2BR FMR · outside LA
Nearest schedules by 2BR delta (FY2026).
Burden % · outside LA
Nearest 2BR FMR ÷ ACS median income (FY2026).
Slidell-Mandeville-Covington: quick answers
What is the average rent in the Slidell-Mandeville-Covington, LA MSA metro area? ▼
How does Slidell-Mandeville-Covington, LA MSA rent compare to the national average? ▼
Where does Slidell-Mandeville-Covington rank nationally for Fair Market Rent? ▼
What income do I need to afford rent in Slidell-Mandeville-Covington, LA MSA? ▼
Is Slidell-Mandeville-Covington's population growing, and how tight is its rental market? ▼
Compare Slidell-Mandeville-Covington vs Acadia Parish →
What this means for renters
Treat Slidell-Mandeville-Covington's FY2026 Fair Market Rent as HUD's affordability benchmark, not a single market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,130 implies about $45,200/yr to rent without being cost-burdened. Run your numbers
- See how Slidell-Mandeville-Covington stacks up against a comparable metro before assuming this figure applies elsewhere. Compare vs Acadia Parish
- See where Slidell-Mandeville-Covington ranks nationally on rent. National rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. This is a metro-wide figure across 1 county; actual asking rents in any specific county can run higher or lower, and HUD updates FMRs once a year. This site is informational and not financial or relocation advice.
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).
Read our methodology - how this data is sourced, computed, and verified.
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.