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Fair Market Rent · Louisiana

Fair Market Rent in Orleans Parish, LA

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,096studio
$1,2291 bedroom
$1,4802 bedrooms
$1,9003 bedrooms
$2,2334 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Orleans Parish is $1,480 a month, +11.2% from FY2026. Orleans Parish is part of the New Orleans-Metairie, LA HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,096$964+13.7%$986–1,206
1 bedroom$1,229$1,113+10.4%$1,106–1,352
2 bedrooms$1,480$1,331+11.2%$1,332–1,628
3 bedrooms$1,900$1,701+11.7%$1,710–2,090
4 bedrooms$2,233$1,996+11.9%$2,010–2,456

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Orleans Parish

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
70112New Orleans$1,430$1,152$1,027
70113New Orleans$1,230$963$966
70114New Orleans$1,430$1,229$1,188
70115New Orleans$1,980$1,647$1,489
70116New Orleans$1,540$1,711$1,270
70117New Orleans$1,500$1,295$1,269
70118New Orleans$1,660$1,481$1,333
70119New Orleans$1,750$1,472$1,354
70122New Orleans$1,590$1,244$1,208
70124New Orleans$2,180$1,708$1,823
70125New Orleans$1,620$1,372$1,334
70126New Orleans$1,400$1,070$1,103
70127New Orleans$1,360$1,196$1,137
70128New Orleans$1,500$1,171$1,182
70129New Orleans$1,450$774$1,091
70130New Orleans$2,220$1,930$1,473
70131New Orleans$1,310$1,135$1,069
70139New Orleans$1,530––
70148New Orleans$1,210–$945
70163New Orleans$1,530––

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.