The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Belle Chasse, LA 70037's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 70037 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,170 to a high of $1,430, with an average of $1,300.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,368, a maximum of $1,672, and an average of $1,520.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,620, peaking at a maximum of $1,980, and averaging at $1,800.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,079, a maximum of $2,541, and an average of $2,310.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,421 to a maximum of $2,959, with an average of $2,690.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Belle Chasse, LA 70037 Low Rent (90%) $1,170 $1,368 $1,620 $2,079 $2,421
Average Rent $1,300 $1,520 $1,800 $2,310 $2,690
High Rent(110%) $1,430 $1,672 $1,980 $2,541 $2,959
2023 Belle Chasse, LA 70037 Low Rent (90%) $999 $1,179 $1,395 $1,800 $2,088
Average Rent $1,110 $1,310 $1,550 $2,000 $2,320
High Rent (110%) $1,221 $1,441 $1,705 $2,200 $2,552
2022 Belle Chasse, LA 70037 Low Rent (90%) $909 $1,071 $1,260 $1,620 $1,881
Average Rent $1,010 $1,190 $1,400 $1,800 $2,090
High Rent(110%) $1,111 $1,309 $1,540 $1,980 $2,299
2021 Belle Chasse, LA 70037 Low Rent (90%) $837 $981 $1,161 $1,503 $1,728
Average Rent $930 $1,090 $1,290 $1,670 $1,920
High Rent (110%) $1,023 $1,199 $1,419 $1,837 $2,112
2020 Belle Chasse, LA 70037 Low Rent (90%) $801 $936 $1,107 $1,431 $1,638
Average Rent $890 $1,040 $1,230 $1,590 $1,820
High Rent(110%) $979 $1,144 $1,353 $1,749 $2,002
2019 Belle Chasse, LA 70037 Low Rent (90%) $729 $855 $1,017 $1,314 $1,503
Average Rent $810 $950 $1,130 $1,460 $1,670
High Rent (110%) $891 $1,045 $1,243 $1,606 $1,837


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