FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR- 70080
1.14ratio
FMR$1,480
Market$1,300
vs market+$180
FMR is above market; underwrite to market rent.
1.14
2 BR
2 BR- 70080
1.27ratio
FMR$1,780
Market$1,400
vs market+$380
FMR is above market; underwrite to market rent.
1.27
3 BR
3 BR- 70080
1.28ratio
FMR$2,280
Market$1,780
vs market+$500
FMR is above market; underwrite to market rent.
1.28
4 BR
4 BR- 70080
1.39ratio
FMR$2,670
Market$1,920
vs market+$750
FMR is above market; underwrite to market rent.
1.39
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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Paradis, LA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Paradis, LA is $1,780 a month. That is up 30.9% from $1,360 in FY 2026. Paradis 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 Paradis is 79% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Paradis, LA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,000
$1,320
+32.0%
$1,188–$1,452
1BR
$1,130
$1,480
+31.0%
$1,332–$1,628
2BR
$1,360
$1,780
+30.9%
$1,602–$1,958
3BR
$1,730
$2,280
+31.8%
$2,052–$2,508
4BR
$2,050
$2,670
+30.2%
$2,403–$2,937
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Paradis, LA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,320
$1,480
$1,780
$2,280
$2,670
FY 2026
$1,000
$1,130
$1,360
$1,730
$2,050
FY 2025
$1,060
$1,220
$1,460
$1,860
$2,180
FY 2024
$950
$1,110
$1,320
$1,690
$1,970
FY 2023
$830
$980
$1,160
$1,490
$1,730
Questions about Paradis, LA rents
How much will Section 8 pay for a two-bedroom in Paradis, 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 $1,780 it would be $1,602 to $1,958. 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 Paradis, LA in?
Paradis, 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 Paradis, LA for FY 2027?
The two-bedroom FMR rose 30.9%, from $1,360 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 53.4%.
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