FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR- 70739
0.99ratio
FMR$1,940
Market$1,950
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 70739
1.12ratio
FMR$2,490
Market$2,230
vs market+$260
FMR is above market; underwrite to market rent.
1.12
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Greenwell Springs, LA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Greenwell Springs, LA is $1,540 a month. That is down 9.9% from $1,710 in FY 2026. Greenwell Springs is in the Baton Rouge, LA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,149. The median county two-bedroom FMR in Louisiana is $995, so Greenwell Springs is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Greenwell Springs, LA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,470
$1,330
−9.5%
$1,197–$1,463
1BR
$1,510
$1,360
−9.9%
$1,224–$1,496
2BR
$1,710
$1,540
−9.9%
$1,386–$1,694
3BR
$2,150
$1,940
−9.8%
$1,746–$2,134
4BR
$2,760
$2,490
−9.8%
$2,241–$2,739
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Greenwell Springs, LA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,330
$1,360
$1,540
$1,940
$2,490
FY 2026
$1,470
$1,510
$1,710
$2,150
$2,760
FY 2025
$1,480
$1,500
$1,700
$2,130
$2,810
FY 2024
$1,400
$1,420
$1,610
$2,010
$2,680
FY 2023
$900
$910
$1,050
$1,320
$1,720
Questions about Greenwell Springs, LA rents
How much will Section 8 pay for a two-bedroom in Greenwell Springs, LA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,149, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,034 to $1,264 a month; under the ZIP-level Small Area FMR of $1,540 it would be $1,386 to $1,694. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Greenwell Springs, LA in?
Greenwell Springs, LA is in the Baton Rouge, LA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,149.
How much did fair market rent change in Greenwell Springs, LA for FY 2027?
The two-bedroom FMR fell 9.9%, from $1,710 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 46.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set