FMR is near market; voucher and private rents are aligned.
0.91
1 BR
1 BR
0.74ratio
FMR$780
Market$1,050
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR
0.81ratio
FMR$1,000
Market$1,230
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR
0.85ratio
FMR$1,260
Market$1,480
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR
0.80ratio
FMR$1,320
Market$1,640
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.80
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 70451 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 70451 (Natalbany, LA) is $1,000 a month. That is unchanged from FY 2026. Natalbany is in the Hammond, LA MSA. 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 $1,097. Among 22 ZIP codes in Tangipahoa Parish, 70451 has the 20th-highest two-bedroom rent (county range $990–$1,290).
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 70451
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$750
−2.6%
$675–$825
1BR
$770
$780
+1.3%
$702–$858
2BR
$1,000
$1,000
0.0%
$900–$1,100
3BR
$1,250
$1,260
+0.8%
$1,134–$1,386
4BR
$1,330
$1,320
−0.8%
$1,188–$1,452
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 70451
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$750
$780
$1,000
$1,260
$1,320
FY 2026
$770
$770
$1,000
$1,250
$1,330
FY 2025
$780
$780
$1,010
$1,250
$1,330
FY 2024
$790
$790
$1,020
$1,230
$1,360
FY 2023
$750
$760
$970
$1,180
$1,300
Two-bedroom rent in nearby Tangipahoa Parish ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 70451?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,097, which applies unless the housing authority uses Small Area FMRs, that basic range is $987 to $1,207 a month; under the ZIP-level Small Area FMR of $1,000 it would be $900 to $1,100. 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 70451 in?
ZIP 70451 is in the Hammond, LA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,097.
How much did fair market rent change in ZIP 70451 for FY 2027?
The two-bedroom FMR was unchanged at $1,000 in FY 2027. Since FY 2023 it has risen 3.1%.
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