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Jefferson Parish/Barataria/70036

70036

ZIPSAFMR
Jefferson Parish, LA
Zillow

ZIP Investment Score

120Above average

095130300
BRFMR
Eff. Rent
0 BR$1,200$1,200
1 BR$1,350$1,350
2 BR$1,620$1,620
3 BR$2,090$2,090
4 BR$2,440$2,440
5 BR$2,806Not available
6 BR$3,227Not available
7 BR$3,711Not available
8 BR$4,268Not available

Purchase Price Calculator

Maximum purchase price
$178,815

Cost breakdown

+Likely effective rent$1,620
HUD FMRUsed$1,620
Market rentN/A
Est. payment standardN/A
-Principal and interest-$904
Loan amount$143,052
Down payment$35,763
Rate6.50%
Term30 years
-Operating costs-$516
Property taxes-$179
Insurance-$175
Utilities$0
HOA$0
Management-$162
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,074(72.9% ROI)
Projected value
$192,564
Return breakdown
Property appreciation+$13,749
Loan principal paid down+$5,125
Rental cash flow+$7,200
5-year hold
+$44,637(124.8% ROI)
Projected value
$202,313
Return breakdown
Property appreciation+$23,498
Loan principal paid down+$9,140
Rental cash flow+$12,000
10-year hold
+$95,861(268.0% ROI)
Projected value
$228,898
Return breakdown
Property appreciation+$50,083
Loan principal paid down+$21,778
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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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
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Tax rate
--
Mortgage rate
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ZIP 70036 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 70036 (Barataria, LA) is $1,620 a month. That is up 20.9% from $1,340 in FY 2026. Barataria 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. Among 34 ZIP codes in Jefferson Parish, 70036 has the 6th-highest two-bedroom rent (county range $1,270–$1,980). The median county two-bedroom FMR in Louisiana is $995, so ZIP 70036 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 70036
BedroomsFY 2027Change90–110% range
Studio$1,200+23.7%$1,080–$1,320
1BR$1,350+20.5%$1,215–$1,485
2BR$1,620+20.9%$1,458–$1,782
3BR$2,090+22.2%$1,881–$2,299
4BR$2,440+22.0%$2,196–$2,684

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 70036
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,200$1,350$1,620$2,090$2,440
FY 2026$970$1,120$1,340$1,710$2,000
FY 2025$890$1,040$1,230$1,580$1,850
FY 2024$890$1,040$1,230$1,580$1,840
FY 2023$850$1,000$1,180$1,520$1,770

Two-bedroom rent in nearby Jefferson Parish ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 70036
70010$1,430−11.7%
70011$1,430−11.7%
70031$1,510−6.8%
70033$1,430−11.7%
70036Current$1,620—
70053$1,270−21.6%
70054$1,430−11.7%
70055$1,430−11.7%
70056$1,480−8.6%
70058$1,480−8.6%
70059$1,430−11.7%
70062$1,470−9.3%

Questions about ZIP 70036 rents

How much will Section 8 pay for a two-bedroom in ZIP 70036?

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 $1,620 it would be $1,458 to $1,782. 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 ZIP 70036 in?

ZIP 70036 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 ZIP 70036 for FY 2027?

The two-bedroom FMR rose 20.9%, from $1,340 in FY 2026 to $1,620 in FY 2027. Since FY 2023 it has risen 37.3%.

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

County fair market rentBarataria, LA fair market rentLA statewide rentsWhat is SAFMR?Data sources