Richland Parish, LA: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$9752-bedroom FMR, FY2027

$7851-bedroom FMR, FY2027

$54,15080% income limit, family of 4 (FY2026)

$67,500Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Richland Parish is $975 a month, up 3.3% from $944 in FY2026. Richland Parish belongs to the Richland Parish, LA HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Richland Parish by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$783	$754	+3.8%	$705 – $861
1 bedroom	$785	$759	+3.4%	$707 – $863
2 bedrooms	$975	$944	+3.3%	$878 – $1,072
3 bedrooms	$1,162	$1,132	+2.7%	$1,046 – $1,278
4 bedrooms	$1,362	$1,344	+1.3%	$1,226 – $1,498

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Richland Parish that is typically $878 to $1,072 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$31,756median income of renter households

$903Median gross rent, all units

34%Rent-to-income ratio (median rent ÷ median renter income)

49%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $31,756 can afford about $794 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $975 is $181 (22.8%) more than that. To rent a two-bedroom at the FMR, a household needs $39,000 a year under the 30% rule, or $35,100 under the common landlord rule that income must be three times the rent.

Richland Parish, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$903 ±$58
Median income of renter households	$31,756 ±$8,511
Renters paying 30% or more of income (cost-burdened)	49.1% ±6.0
Renters paying 50% or more (severely cost-burdened)	26.7% ±6.3
Renter households (where the share can be computed)	1,521

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$611	$903	+47.8%
Median renter household income	$17,981	$31,756	+76.6%
Renters paying 30%+ of income	53.3%	49.1%	−4.2 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $910 to $1,110 depending on the ZIP code.

All 8 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
71218	$790	$790	$980	$1,170	$1,370
71232	$810	$830	$1,030	$1,250	$1,480
71237	$810	$850	$1,110	$1,450	$1,540
71259	$750	$750	$930	$1,110	$1,300
71264	$730	$730	$910	$1,150	$1,240
71269	$740	$740	$920	$1,100	$1,280
71279	$740	$740	$920	$1,100	$1,280
71418	$690	$720	$930	$1,200	$1,350

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Richland Parish (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $67,500 (FY2025: $69,100, −2.3%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$15,960 +2.0%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$36,600 +4.0%	$39,300 +4.0%	$42,000 +3.8%	$44,700 +3.8%
Very low income (50%)	$23,700 +3.9%	$27,100 +3.8%	$30,500 +3.9%	$33,850 +3.8%	$36,600 +4.0%	$39,300 +4.0%	$42,000 +3.8%	$44,700 +3.8%
Low income (80%)	$37,950 +3.8%	$43,350 +3.8%	$48,750 +3.8%	$54,150 +3.8%	$58,500 +3.8%	$62,850 +3.9%	$67,150 +3.8%	$71,500 +3.8%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.