70447
ZIPSAFMR
St. Tammany Parish, LA
BRFMR
Eff. Rent
0 BR$1,490$1,340
1 BR$1,700$1,480
2 BR$2,000$1,760
3 BR$2,590$2,020
4 BR$3,000$2,740
5 BR$3,450
6 BR$3,967
7 BR$4,563
8 BR$5,247

Purchase Price Calculator

Maximum purchase price
$199,619

Cost breakdown

+Likely effective rent$1,760
HUD FMR$2,000
Market rentUsed$1,760
Est. payment standard (92%)$1,840
Market rent is below the inferred standard ($1,840, 92% of FMR).
-Principal and interest-$1,009
Loan amount$159,695
Down payment$39,924
Rate6.50%
Term30 years
-Operating costs-$551
Property taxes-$200
Insurance-$175
Utilities$0
HOA$0
Management-$176
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,270(70.8% ROI)
Projected value
$214,968
Current value$199,619
Return breakdown
Property appreciation+$15,349
Loan principal paid down+$5,721
Rental cash flow+$7,200
5-year hold
+$48,434(121.3% ROI)
Projected value
$225,850
Current value$199,619
Return breakdown
Property appreciation+$26,232
Loan principal paid down+$10,203
Rental cash flow+$12,000
10-year hold
+$104,222(261.1% ROI)
Projected value
$255,529
Current value$199,619
Return breakdown
Property appreciation+$55,910
Loan principal paid down+$24,312
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.11ratio
FMR$1,490
Market$1,340
vs market+$150

FMR is above market; underwrite to market rent.

90% standard$1,341 / 1.00 ratio110% standard$1,639 / 1.22 ratio
1.11
1 BR
1 BR
1.15ratio
FMR$1,700
Market$1,480
vs market+$220

FMR is above market; underwrite to market rent.

90% standard$1,530 / 1.03 ratio110% standard$1,870 / 1.26 ratio
1.15
2 BR
2 BR
1.14ratio
FMR$2,000
Market$1,760
vs market+$240

FMR is above market; underwrite to market rent.

90% standard$1,800 / 1.02 ratio110% standard$2,200 / 1.25 ratio
1.14
3 BR
3 BR
1.28ratio
FMR$2,590
Market$2,020
vs market+$570

FMR is above market; underwrite to market rent.

90% standard$2,331 / 1.15 ratio110% standard$2,849 / 1.41 ratio
1.28
4 BR
4 BR
1.09ratio
FMR$3,000
Market$2,740
vs market+$260

FMR is near market; voucher and private rents are aligned.

90% standard$2,700 / 0.99 ratio110% standard$3,300 / 1.20 ratio
1.09
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 70447 (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.

70447 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 70447 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,000 and the 4 bedroom fair market rent is $3,000.

Use this page for searches like 70447 FMR, 70447 fair market rent, and 70447 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 70447
Bedroom sizeHUD FMR
Studio$1,490
1 bedroom$1,700
2 bedroom$2,000
3 bedroom$2,590
4 bedroom$3,000