Skip to main content
Loading page

Jones, LA

CitySAFMR
Morehouse Parish
Found 1 ZIP

City Median Investment Score

115Above average

095130300
BRFMR
Eff. Rent
0 BR$680$680
1 BR$700$700
2 BR$890$890
3 BR$1,170$1,170
4 BR$1,230$1,230
5 BR$1,415Not available
6 BR$1,627Not available
7 BR$1,871Not available
8 BR$2,151Not available

Purchase Price Calculator

Maximum purchase price
$70,337

Cost breakdown

+Likely effective rent$890
HUD FMRUsed$890
Market rentN/A
Est. payment standardN/A
-Principal and interest-$356
Loan amount$56,270
Down payment$14,067
Rate6.50%
Term30 years
-Operating costs-$334
Property taxes-$70
Insurance-$175
Utilities$0
HOA$0
Management-$89
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,624(104.0% ROI)
Projected value
$75,745
Return breakdown
Property appreciation+$5,408
Loan principal paid down+$2,016
Rental cash flow+$7,200
5-year hold
+$24,838(176.6% ROI)
Projected value
$79,580
Return breakdown
Property appreciation+$9,243
Loan principal paid down+$3,595
Rental cash flow+$12,000
10-year hold
+$52,267(371.5% ROI)
Projected value
$90,037
Return breakdown
Property appreciation+$19,700
Loan principal paid down+$8,566
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--

Jones, LA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Jones, LA is $890 a month. That is up 6.0% from $840 in FY 2026. Jones is in the Morehouse Parish, 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 $892. The median county two-bedroom FMR in Louisiana is $995, so Jones is 11% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Jones, LA
BedroomsFY 2027Change90–110% range
Studio$680+9.7%$612–$748
1BR$700+9.4%$630–$770
2BR$890+6.0%$801–$979
3BR$1,170+4.5%$1,053–$1,287
4BR$1,230+4.2%$1,107–$1,353

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Jones, LA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$680$700$890$1,170$1,230
FY 2026$620$640$840$1,120$1,180
FY 2025$680$690$900$1,180$1,300
FY 2024$650$650$820$1,030$1,230
FY 2023$610$610$740$940$1,260

Questions about Jones, LA rents

How much will Section 8 pay for a two-bedroom in Jones, LA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $892, which applies unless the housing authority uses Small Area FMRs, that basic range is $803 to $981 a month; under the ZIP-level Small Area FMR of $890 it would be $801 to $979. 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 Jones, LA in?

Jones, LA is in the Morehouse Parish, LA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $892.

How much did fair market rent change in Jones, LA for FY 2027?

The two-bedroom FMR rose 6.0%, from $840 in FY 2026 to $890 in FY 2027. Since FY 2023 it has risen 20.3%.

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