East Baton Rouge Parish/Baton Rouge/70805

70805

ZIPSAFMR

East Baton Rouge Parish, LA

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ZIP Investment Score

113Above average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$930	$840	0.0%
1 BR	$960	$870	0.7%
2 BR	$1,090	$960	0.6%
3 BR	$1,360	$1,260	0.5%
4 BR	$1,750	$1,510	-0.6%
5 BR	$2,012	Not available	-0.6%
6 BR	$2,314	Not available	-0.6%
7 BR	$2,662	Not available	-0.6%
8 BR	$3,061	Not available	-0.6%

Purchase Price Calculator

Maximum purchase price

$80,739

Cost breakdown

+Likely effective rent$960

HUD FMR$1,090

Market rentUsed$960

Est. payment standard (92%)$1,010

-Principal and interest-$408

Loan amount$64,591

Down payment$16,148

Rate6.50%

Term30 years

-Operating costs-$352

Property taxes-$81

Insurance-$175

Utilities$0

HOA$0

Management-$96

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$15,722(97.4% ROI)

Projected value

$86,947

Return breakdown

Property appreciation+$6,208

Loan principal paid down+$2,314

Rental cash flow+$7,200

5-year hold

+$26,737(165.6% ROI)

Projected value

$91,349

Return breakdown

Property appreciation+$10,610

Loan principal paid down+$4,127

Rental cash flow+$12,000

10-year hold

+$56,447(349.6% ROI)

Projected value

$103,353

Return breakdown

Property appreciation+$22,614

Loan principal paid down+$9,833

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.11ratio

FMR$930

Market$840

vs market+$90

FMR is above market; underwrite to market rent.

1.11

1 BR

1.10ratio

FMR$960

Market$870

vs market+$90

FMR is above market; underwrite to market rent.

1.10

2 BR

1.14ratio

FMR$1,090

Market$960

vs market+$130

FMR is above market; underwrite to market rent.

1.14

3 BR

1.08ratio

FMR$1,360

Market$1,260

vs market+$100

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

1.08

4 BR

1.16ratio

FMR$1,750

Market$1,510

vs market+$240

FMR is above market; underwrite to market rent.

1.16

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 70805 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 70805 (Baton Rouge, LA) is $1,090 a month. That is down 0.9% from $1,100 in FY 2026. Baton Rouge is in the Baton Rouge, 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 $1,149. Among 41 ZIP codes in East Baton Rouge Parish, 70805 is tied for the 31st-highest two-bedroom rent (county range $1,090–$1,690). The median county two-bedroom FMR in Louisiana is $995, so ZIP 70805 is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 70805
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$960	$930	−3.1%	$837–$1,023
1BR	$980	$960	−2.0%	$864–$1,056
2BR	$1,100	$1,090	−0.9%	$981–$1,199
3BR	$1,380	$1,360	−1.4%	$1,224–$1,496
4BR	$1,830	$1,750	−4.4%	$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 70805
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$930	$960	$1,090	$1,360	$1,750
FY 2026	$960	$980	$1,100	$1,380	$1,830
FY 2025	$1,000	$1,020	$1,150	$1,440	$1,920
FY 2024	$930	$940	$1,070	$1,340	$1,780
FY 2023	$730	$740	$850	$1,070	$1,390

Two-bedroom rent in nearby East Baton Rouge Parish ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 70805
70801	$1,690	+55.0%
70802	$1,090	0.0%
70803	$1,140	+4.6%
70804	$1,150	+5.5%
70805Current	$1,090	—
70806	$1,200	+10.1%
70807	$1,090	0.0%
70808	$1,300	+19.3%
70809	$1,390	+27.5%
70810	$1,380	+26.6%
70811	$1,090	0.0%
70812	$1,260	+15.6%

Questions about ZIP 70805 rents

How much will Section 8 pay for a two-bedroom in ZIP 70805?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,149, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,034 to $1,264 a month; under the ZIP-level Small Area FMR of $1,090 it would be $981 to $1,199. 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 70805 in?

ZIP 70805 is in the Baton Rouge, LA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,149.

How much did fair market rent change in ZIP 70805 for FY 2027?

The two-bedroom FMR fell 0.9%, from $1,100 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 28.2%.

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

County fair market rent Baton Rouge, LA fair market rent LA statewide rents What is SAFMR?Data sources