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RentData.org Logo Houma-Thibodaux Fair Market Rent FY 2023 Houma-Thibodaux, LA MSA Rental Data

Fair Market Rent Prices in Houma-Thibodaux, LA :
$656 $780 $981 $1,266 $1,428
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Houma-Thibodaux are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Houma-Thibodaux is $981 per month.

The previous year, rent for a two-bedroom home was $890 per month. This is a 10.22% increase year-over-year.

This FMR rate applies to Mathews, LA, Kraemer, LA, Gheens, LA, Golden Meadow, LA, Montegut, LA, Des Allemands, LA, Galliano, LA, Larose, LA, Bourg, LA, Gray, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO26380M26380.

Additionally, This Fair Market Rent (FMR) area Houma-Thibodaux, LA MSA spans one county or city in Louisiana which is listed in the table below. Estimated population of Houma-Thibodaux, LA MSA FMR area is 97,980 people based on latest Census data.

Compared to the rest of Louisiana, the Houma-Thibodaux FMR area is more expensive than 90% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Houma-Thibodaux. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Houma-Thibodaux

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 689
1-BR 1-Bedroom $ 819
2-BR 2-Bedroom $ 1030
3-BR 3-Bedroom $ 1329
4-BR 4-Bedroom $ 1499
Change Year:

There is just one county (listed below) within the Houma-Thibodaux, LA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: New Orleans.

County / Region Est. Population
Houma-Thibodaux, LA Metro 97,980
Zip Codes in Houma-Thibodaux, LA MSA

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

70030, 70343, 70345, 70354, 70355, 70357, 70359, 70364, 70371, 70373, 70374, 70375, 70377 and 70394

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