LA/St. Helena Parish/INDEPENDENCE
INDEPENDENCE, LA
CitySAFMR
St. Helena Parish
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$960$1,030
1 BR$980$1,050
2 BR$1,100$1,110
3 BR$1,380$1,250
4 BR$1,830$1,360
5 BR$2,105
6 BR$2,420
7 BR$2,783
8 BR$3,201

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMR$1,100
Market rent$1,120
Est. payment standard (101%)Used$1,110
Estimated payment standard is $1,110 (101% of FMR).
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Current value$103,029
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Current value$103,029
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Current value$103,029
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 70443
0.90ratio
FMR$960
Market$1,070
vs market-$110

FMR is below market; voucher rent may lag private rents.

90% standard$864 / 0.81 ratio110% standard$1,056 / 0.99 ratio
0.90
1 BR
1 BR- 70443
0.91ratio
FMR$980
Market$1,080
vs market-$100

FMR is near market; voucher and private rents are aligned.

90% standard$882 / 0.82 ratio110% standard$1,078 / 1.00 ratio
0.91
2 BR
2 BR- 70443
0.98ratio
FMR$1,100
Market$1,120
vs market-$20

FMR is near market; voucher and private rents are aligned.

90% standard$990 / 0.88 ratio110% standard$1,210 / 1.08 ratio
0.98
3 BR
3 BR- 70443
1.10ratio
FMR$1,380
Market$1,250
vs market+$130

FMR is above market; underwrite to market rent.

90% standard$1,242 / 0.99 ratio110% standard$1,518 / 1.21 ratio
1.10
4 BR
4 BR- 70443
1.35ratio
FMR$1,830
Market$1,360
vs market+$470

FMR is above market; underwrite to market rent.

90% standard$1,647 / 1.21 ratio110% standard$2,013 / 1.48 ratio
1.35
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for INDEPENDENCE, LA (LA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

INDEPENDENCE, LA fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for INDEPENDENCE, LA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,100 and the 4 bedroom fair market rent is $1,830.

Use this page for searches like INDEPENDENCE, LA FMR, INDEPENDENCE, LA fair market rent, and INDEPENDENCE, LA Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for INDEPENDENCE, LA
Bedroom sizeHUD FMR
Studio$960
1 bedroom$980
2 bedroom$1,100
3 bedroom$1,380
4 bedroom$1,830