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Westlake, LA

CitySAFMR
Calcasieu Parish
Found 1 ZIP

City Median Investment Score

155High yield potential

095130300
BRFMR
Eff. Rent
0 BR$870$710
1 BR$880$730
2 BR$1,150$1,020
3 BR$1,370$1,510
4 BR$1,600$1,760
5 BR$1,840Not available
6 BR$2,116Not available
7 BR$2,433Not available
8 BR$2,798Not available

Purchase Price Calculator

Maximum purchase price
$89,655

Cost breakdown

+Likely effective rent$1,020
HUD FMR$1,150
Market rentUsed$1,020
Est. payment standard (93%)$1,070
-Principal and interest-$453
Loan amount$71,724
Down payment$17,931
Rate6.50%
Term30 years
-Operating costs-$367
Property taxes-$90
Insurance-$175
Utilities$0
HOA$0
Management-$102
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,663(92.9% ROI)
Projected value
$96,549
Return breakdown
Property appreciation+$6,894
Loan principal paid down+$2,570
Rental cash flow+$7,200
5-year hold
+$28,364(158.2% ROI)
Projected value
$101,437
Return breakdown
Property appreciation+$11,781
Loan principal paid down+$4,582
Rental cash flow+$12,000
10-year hold
+$60,030(334.8% ROI)
Projected value
$114,766
Return breakdown
Property appreciation+$25,111
Loan principal paid down+$10,919
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.23
1 BR
1.21
2 BR
1.13
3 BR
0.87
4 BR
0.77
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Westlake, LA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Westlake, LA is $1,150 a month. That is up 2.7% from $1,120 in FY 2026. Westlake is in the Lake Charles, 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 $1,231. The median county two-bedroom FMR in Louisiana is $995, so Westlake is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Westlake, LA
BedroomsFY 2027Change90–110% range
Studio$870+2.4%$783–$957
1BR$880+3.5%$792–$968
2BR$1,150+2.7%$1,035–$1,265
3BR$1,370+2.2%$1,233–$1,507
4BR$1,600+8.1%$1,440–$1,760

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Westlake, LA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$870$880$1,150$1,370$1,600
FY 2026$850$850$1,120$1,340$1,480
FY 2025$870$870$1,140$1,380$1,510
FY 2024$910$920$1,180$1,460$1,570
FY 2023$900$910$1,170$1,470$1,570

Questions about Westlake, LA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,231, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,108 to $1,354 a month; under the ZIP-level Small Area FMR of $1,150 it would be $1,035 to $1,265. 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 Westlake, LA in?

Westlake, LA is in the Lake Charles, LA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,231.

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

The two-bedroom FMR rose 2.7%, from $1,120 in FY 2026 to $1,150 in FY 2027. Since FY 2023 it has fallen 1.7%.

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