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RentData.org Logo Vermilion Parish Fair Market Rent FY 2014 Vermilion Parish, LA Rental Data

Fair Market Rent Prices in Vermilion Parish, LA :
$516 $554 $657 $959 $1,123
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Vermilion Parish are high compared to the national average. This FMR area is more expensive than 75% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Vermilion Parish is $657 per month.

The previous year, rent for a two-bedroom home was $620 per month. This is a 5.97% increase year-over-year.

This FMR rate applies to Perry, LA, Kaplan, LA, Abbeville, LA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY22113N22113.

Additionally, This Fair Market Rent (FMR) area Vermilion Parish, LA spans one county or city in Louisiana which is listed in the table below. Estimated population of Vermilion Parish, LA FMR area is 57,999 people based on latest Census data.

Compared to the rest of Louisiana, the Vermilion Parish FMR area is more expensive than 74% 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 Vermilion Parish. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Vermilion 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 $ 560
1-BR 1-Bedroom $ 601
2-BR 2-Bedroom $ 712
3-BR 3-Bedroom $ 1039
4-BR 4-Bedroom $ 1217
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

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

County / Region Est. Population
Vermilion Parish, LA 57,999
Zip Codes in Vermilion Parish, LA

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

70510, 70548 and 70575

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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