FMR is below market; voucher rent may lag private rents.
0.70
1 BR
1 BR
0.84ratio
FMR$1,120
Market$1,330
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR
0.95ratio
FMR$1,350
Market$1,420
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR
1.09ratio
FMR$1,730
Market$1,580
vs market+$150
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR
1.23ratio
FMR$2,040
Market$1,660
vs market+$380
FMR is above market; underwrite to market rent.
1.23
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
--
ZIP 70085 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 70085 (Saint Bernard, LA) is $1,350 a month. That is up 0.7% from $1,340 in FY 2026. Saint Bernard 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 7 ZIP codes in St. Bernard Parish, 70085 has the 4th-highest two-bedroom rent (county range $1,210–$1,810). The median county two-bedroom FMR in Louisiana is $995, so ZIP 70085 is 36% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 70085
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$1,000
+3.1%
$900–$1,100
1BR
$1,120
$1,120
0.0%
$1,008–$1,232
2BR
$1,340
$1,350
+0.7%
$1,215–$1,485
3BR
$1,710
$1,730
+1.2%
$1,557–$1,903
4BR
$2,000
$2,040
+2.0%
$1,836–$2,244
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 70085
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,000
$1,120
$1,350
$1,730
$2,040
FY 2026
$970
$1,120
$1,340
$1,710
$2,000
FY 2025
$1,060
$1,220
$1,460
$1,870
$2,190
FY 2024
$940
$1,100
$1,300
$1,670
$1,950
FY 2023
$730
$870
$1,020
$1,310
$1,530
Two-bedroom rent in nearby St. Bernard Parish ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 70085?
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 $1,350 it would be $1,215 to $1,485. 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 70085 in?
ZIP 70085 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 70085 for FY 2027?
The two-bedroom FMR rose 0.7%, from $1,340 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 32.4%.
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