Terrebonne 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).

$1,0982-bedroom FMR, FY2027

$9031-bedroom FMR, FY2027

$66,55080% income limit, family of 4 (FY2026)

$86,600Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Terrebonne Parish is $1,098 a month, down 0.4% from $1,102 in FY2026. Terrebonne Parish belongs to the Houma-Bayou Cane-Thibodaux, LA MSA 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 Terrebonne Parish by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$765	$760	+0.7%	$689 – $841
1 bedroom	$903	$904	−0.1%	$813 – $993
2 bedrooms	$1,098	$1,102	−0.4%	$989 – $1,207
3 bedrooms	$1,335	$1,330	+0.4%	$1,202 – $1,468
4 bedrooms	$1,443	$1,459	−1.1%	$1,299 – $1,587

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 Terrebonne Parish that is typically $989 to $1,207 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?

$44,068median income of renter households

$1,065Median gross rent, all units

29%Rent-to-income ratio (median rent ÷ median renter income)

39%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $44,068 can afford about $1,102 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,098 is $4 (0.3%) less than that. To rent a two-bedroom at the FMR, a household needs $43,920 a year under the 30% rule, or $39,528 under the common landlord rule that income must be three times the rent.

Terrebonne Parish, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,065 ±$47
Median income of renter households	$44,068 ±$4,529
Renters paying 30% or more of income (cost-burdened)	39.2% ±6.0
Renters paying 50% or more (severely cost-burdened)	21.6% ±4.3
Renter households (where the share can be computed)	8,499

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$853	$1,065	+24.9%
Median renter household income	$29,578	$44,068	+49.0%
Renters paying 30%+ of income	52.6%	39.2%	−13.4 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 $1,000 to $2,020 depending on the ZIP code.

All 26 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
70030	$1,490	$1,680	$2,020	$2,580	$3,020
70301	$770	$910	$1,110	$1,350	$1,460
70302	$720	$850	$1,040	$1,260	$1,370
70310	$770	$910	$1,110	$1,350	$1,460
70343	$1,000	$1,180	$1,440	$1,750	$1,890
70344	$690	$820	$1,000	$1,200	$1,320
70345	$690	$820	$1,000	$1,200	$1,320
70352	$690	$820	$1,000	$1,200	$1,320
70353	$690	$820	$1,000	$1,200	$1,320
70354	$690	$820	$1,000	$1,200	$1,320
70355	$980	$1,130	$1,360	$1,700	$1,940
70356	$690	$820	$1,000	$1,200	$1,320
70357	$690	$820	$1,000	$1,200	$1,320
70359	$860	$1,020	$1,240	$1,510	$1,630
70360	$830	$980	$1,190	$1,450	$1,560
70361	$790	$930	$1,130	$1,370	$1,490
70363	$810	$950	$1,160	$1,410	$1,520
70364	$790	$930	$1,130	$1,370	$1,490
70371	$720	$850	$1,040	$1,260	$1,370
70373	$690	$820	$1,000	$1,200	$1,320
70374	$750	$880	$1,070	$1,300	$1,410
70375	$690	$820	$1,000	$1,200	$1,320
70377	$690	$820	$1,000	$1,200	$1,320
70394	$690	$820	$1,000	$1,200	$1,320
70395	$690	$820	$1,000	$1,200	$1,320
70397	$760	$900	$1,090	$1,330	$1,440

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

HUD income limits for Terrebonne Parish (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $86,600 (FY2025: $75,700, +14.4%). 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%)	$17,500 +10.1%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +6.6%	$54,950 +9.9%
Very low income (50%)	$29,150 +9.8%	$33,300 +9.9%	$37,450 +9.8%	$41,600 +9.9%	$44,950 +9.9%	$48,300 +9.9%	$51,600 +9.9%	$54,950 +9.9%
Low income (80%)	$46,600 +9.9%	$53,250 +9.9%	$59,900 +9.9%	$66,550 +9.9%	$71,900 +9.9%	$77,200 +9.9%	$82,550 +9.9%	$87,850 +9.9%

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.