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RentData.org Logo Red River Parish Fair Market Rent FY 2024 Red River Parish, LA Rental Data

Fair Market Rent Prices in Red River Parish, LA :
$615 $626 $822 $994 $1,206
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Red River Parish are very low compared to the national average. This FMR area is less expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Red River Parish is $822 per month.

The previous year, rent for a two-bedroom home was $750 per month. This is a 9.6% increase year-over-year.

This FMR rate applies to Hall Summit, LA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY22081N22081.

Additionally, This Fair Market Rent (FMR) area Red River Parish, LA spans one county or city in Louisiana which is listed in the table below. Estimated population of Red River Parish, LA FMR area is 8,462 people based on latest Census data.

Compared to the rest of Louisiana, the Red River Parish FMR area is less expensive than 91% 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 Red River Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Red River Parish

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 $ 655
1-BR 1-Bedroom $ 666
2-BR 2-Bedroom $ 875
3-BR 3-Bedroom $ 1058
4-BR 4-Bedroom $ 1284
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Red River Parish, LA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Shreveport.

County / Region Est. Population
Red River Parish, LA 8,462
Zip Codes in Red River Parish, LA

There is 1 unique zip code in this Fair Market Rent (FMR) area:

71034

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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