FMR is below market; voucher rent may lag private rents.
0.57
2 BR
2 BR
0.66ratio
FMR$920
Market$1,400
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.66
4 BR
4 BR
0.91ratio
FMR$1,430
Market$1,570
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.91
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
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ZIP 70521 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 70521 (Cecilia, LA) is $920 a month. That is down 3.2% from $950 in FY 2026. Cecilia is in the Lafayette, 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 $1,092. Among 10 ZIP codes in St. Martin Parish, 70521 is tied for the 7th-highest two-bedroom rent (county range $920–$1,080). The median county two-bedroom FMR in Louisiana is $995, so ZIP 70521 is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 70521
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$670
$710
+6.0%
$639–$781
1BR
$840
$820
−2.4%
$738–$902
2BR
$950
$920
−3.2%
$828–$1,012
3BR
$1,190
$1,180
−0.8%
$1,062–$1,298
4BR
$1,570
$1,430
−8.9%
$1,287–$1,573
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 70521
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$710
$820
$920
$1,180
$1,430
FY 2026
$670
$840
$950
$1,190
$1,570
FY 2025
$640
$830
$940
$1,210
$1,580
FY 2024
$600
$790
$890
$1,170
$1,510
FY 2023
$550
$710
$810
$1,090
$1,320
Two-bedroom rent in nearby St. Martin Parish ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 70521?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,092, which applies unless the housing authority uses Small Area FMRs, that basic range is $983 to $1,201 a month; under the ZIP-level Small Area FMR of $920 it would be $828 to $1,012. 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 70521 in?
ZIP 70521 is in the Lafayette, LA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,092.
How much did fair market rent change in ZIP 70521 for FY 2027?
The two-bedroom FMR fell 3.2%, from $950 in FY 2026 to $920 in FY 2027. Since FY 2023 it has risen 13.6%.
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