70509
ZIPSAFMR
Lafayette Parish, LA
BRFMR
Eff. Rent
0 BR$790$870
1 BR$910$1,000
2 BR$1,030$1,130
3 BR$1,320$1,450
4 BR$1,600$1,760
5 BR$1,840
6 BR$2,116
7 BR$2,433
8 BR$2,798

Purchase Price Calculator

Maximum purchase price
$106,001

Cost breakdown

+Likely effective rent$1,130
HUD FMR$1,030
Market rent$1,310
Est. payment standard (110%)Used$1,130
Estimated payment standard is $1,130 (110% of FMR).
-Principal and interest-$536
Loan amount$84,801
Down payment$21,200
Rate6.50%
Term30 years
-Operating costs-$394
Property taxes-$106
Insurance-$175
Utilities$0
HOA$0
Management-$113
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,389(86.7% ROI)
Projected value
$114,152
Current value$106,001
Return breakdown
Property appreciation+$8,150
Loan principal paid down+$3,038
Rental cash flow+$7,200
5-year hold
+$31,347(147.9% ROI)
Projected value
$119,930
Current value$106,001
Return breakdown
Property appreciation+$13,929
Loan principal paid down+$5,418
Rental cash flow+$12,000
10-year hold
+$66,599(314.1% ROI)
Projected value
$135,690
Current value$106,001
Return breakdown
Property appreciation+$29,689
Loan principal paid down+$12,910
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
0.76ratio
FMR$790
Market$1,040
vs market-$250

FMR is below market; voucher rent may lag private rents.

90% standard$711 / 0.68 ratio110% standard$869 / 0.84 ratio
0.76
1 BR
1 BR
0.83ratio
FMR$910
Market$1,100
vs market-$190

FMR is below market; voucher rent may lag private rents.

90% standard$819 / 0.74 ratio110% standard$1,001 / 0.91 ratio
0.83
2 BR
2 BR
0.79ratio
FMR$1,030
Market$1,310
vs market-$280

FMR is below market; voucher rent may lag private rents.

90% standard$927 / 0.71 ratio110% standard$1,133 / 0.86 ratio
0.79
3 BR
3 BR
0.78ratio
FMR$1,320
Market$1,700
vs market-$380

FMR is below market; voucher rent may lag private rents.

90% standard$1,188 / 0.70 ratio110% standard$1,452 / 0.85 ratio
0.78
4 BR
4 BR
0.62ratio
FMR$1,600
Market$2,570
vs market-$970

FMR is below market; voucher rent may lag private rents.

90% standard$1,440 / 0.56 ratio110% standard$1,760 / 0.68 ratio
0.62
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 70509 (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.

70509 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 70509 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,030 and the 4 bedroom fair market rent is $1,600.

Use this page for searches like 70509 FMR, 70509 fair market rent, and 70509 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 70509
Bedroom sizeHUD FMR
Studio$790
1 bedroom$910
2 bedroom$1,030
3 bedroom$1,320
4 bedroom$1,600