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Rent by ZIP · Lafayette Parish

Rent in Lafayette, LA 70508

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,290 (+5.7% vs FY2026). Renters in this ZIP code pay a median $1,239 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$990$930+6.5%$891–1,089$1,354 ±$67
1 bedroom$1,150$1,070+7.5%$1,035–1,265$1,101 ±$71
2 bedrooms$1,290$1,220+5.7%$1,161–1,419$1,262 ±$89
3 bedrooms$1,620$1,560+3.8%$1,458–1,782$1,599 ±$155
4 bedrooms$1,900$1,890+0.5%$1,710–2,090$1,167 ±$126

Small Area FMRs for the Lafayette, LA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Lafayette, LA HUD Metro FMR Area, 2 bedrooms: $1,092.

What renters pay in 70508

Median gross rent$1,239±$56 · all sizes
Renter households6,62238% of occupied homes
No cash rent299households

How rents are spread

Under $1,00023%
$1,000–1,49947%
$1,500–1,99922%
$2,000–2,4994%
$2,500–2,9991%
$3,000–3,4990%
$3,500+3%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
70507Lafayette$1,000$1,017
70506Lafayette$1,170$1,061
70510Abbeville$900$773
70512Arnaudville$920–
70503Lafayette$1,190$1,046
70513Avery Island$970–

Fair Market Rents across Lafayette Parish, LA · All LA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.