FMR is below market; voucher rent may lag private rents.
0.68
1 BR
1 BR- 70079
0.87ratio
FMR$1,110
Market$1,270
vs market-$160
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 70079
0.85ratio
FMR$1,340
Market$1,580
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 70079
0.91ratio
FMR$1,720
Market$1,900
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 70079
0.95ratio
FMR$2,020
Market$2,130
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
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
--
Norco, LA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Norco, LA is $1,340 a month. That is down 0.7% from $1,350 in FY 2026. Norco is in the New Orleans-Metairie, 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 $1,480. The median county two-bedroom FMR in Louisiana is $995, so Norco is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Norco, LA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$980
$990
+1.0%
$891–$1,089
1BR
$1,130
$1,110
−1.8%
$999–$1,221
2BR
$1,350
$1,340
−0.7%
$1,206–$1,474
3BR
$1,710
$1,720
+0.6%
$1,548–$1,892
4BR
$2,020
$2,020
0.0%
$1,818–$2,222
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Norco, LA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$990
$1,110
$1,340
$1,720
$2,020
FY 2026
$980
$1,130
$1,350
$1,710
$2,020
FY 2025
$1,080
$1,250
$1,490
$1,900
$2,240
FY 2024
$990
$1,160
$1,370
$1,760
$2,050
FY 2023
$820
$970
$1,140
$1,470
$1,710
Questions about Norco, LA rents
How much will Section 8 pay for a two-bedroom in Norco, LA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,480, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,332 to $1,628 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 Norco, LA in?
Norco, LA is in the New Orleans-Metairie, LA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,480.
How much did fair market rent change in Norco, LA for FY 2027?
The two-bedroom FMR fell 0.7%, from $1,350 in FY 2026 to $1,340 in FY 2027. Since FY 2023 it has risen 17.5%.
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