70116
ZIPSAFMR
Orleans Parish, LA
BRFMR
Eff. Rent
0 BR$1,160$1,160
1 BR$1,310$1,310
2 BR$1,570$1,570
3 BR$2,000$2,000
4 BR$2,370$2,370
5 BR$2,726
6 BR$3,134
7 BR$3,604
8 BR$4,145

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.79ratio
FMR$1,160
Market$1,470
vs market-$310

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.79
1 BR
1 BR
0.69ratio
FMR$1,310
Market$1,900
vs market-$590

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.69
2 BR
2 BR
0.65ratio
FMR$1,570
Market$2,400
vs market-$830

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.65
3 BR
3 BR
0.77ratio
FMR$2,000
Market$2,590
vs market-$590

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.77
4 BR
4 BR
0.71ratio
FMR$2,370
Market$3,350
vs market-$980

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.71
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$171,385
Rent
$1,570
Down payment
$34,277
Loan
$137,108
Mortgage
$867
Expenses
$503
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 70116 (LA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.