Rental Benchmark Overview
2-Bedroom Benchmark Rent
$881$10,572 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lincoln Parish, LA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lincoln Parish, LA
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $649 | $7,788 | $25,960 | $12.48/hr |
| 1-Bedroom Apartment | $695 | $8,340 | $27,800 | $13.37/hr |
| 2-Bedroom ApartmentStandard Benchmark | $881 | $10,572 | $35,240 | $16.94/hr |
| 3-Bedroom Home | $1,156 | $13,872 | $46,240 | $22.23/hr |
| 4-Bedroom Home | $1,440 | $17,280 | $57,600 | $27.69/hr |
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Frequently Asked Questions About Rent in Lincoln Parish, LA
What is the Fair Market Rent for a 2-bedroom in Lincoln Parish, LA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lincoln Parish, LA is $881 per month ($10,572 per year).
What hourly wage is needed to afford rent in Lincoln Parish, LA?
To comfortably afford a 2-bedroom apartment at $881/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.94 per hour ($35,240/year).
What are the HUD Fair Market Rents by bedroom count in Lincoln Parish, LA?
Official 2026 HUD rents in Lincoln Parish, LA are: Studio: $649/mo, 1-Bedroom: $695/mo, 2-Bedroom: $881/mo, 3-Bedroom: $1,156/mo, and 4-Bedroom: $1,440/mo.
How do HUD Fair Market Rents compare to local incomes in Lincoln Parish, LA?
At the local Census ACS median household income of $39,172/year ($3,264/month), the benchmark 2-bedroom Fair Market Rent represents 27% of monthly income.
How is the 30% housing affordability standard calculated in Lincoln Parish, LA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $881/month, the required minimum annual gross income is calculated as ($881 × 12) ÷ 0.30 = $35,240 per year.