Rental Benchmark Overview
2-Bedroom Benchmark Rent
$834$10,008 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Red River Parish, LA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Red River 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 | $601 | $7,212 | $24,040 | $11.56/hr |
| 1-Bedroom Apartment | $647 | $7,764 | $25,880 | $12.44/hr |
| 2-Bedroom ApartmentStandard Benchmark | $834 | $10,008 | $33,360 | $16.04/hr |
| 3-Bedroom Home | $1,073 | $12,876 | $42,920 | $20.63/hr |
| 4-Bedroom Home | $1,251 | $15,012 | $50,040 | $24.06/hr |
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Frequently Asked Questions About Rent in Red River Parish, LA
What is the Fair Market Rent for a 2-bedroom in Red River Parish, LA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Red River Parish, LA is $834 per month ($10,008 per year).
What hourly wage is needed to afford rent in Red River Parish, LA?
To comfortably afford a 2-bedroom apartment at $834/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.04 per hour ($33,360/year).
What are the HUD Fair Market Rents by bedroom count in Red River Parish, LA?
Official 2026 HUD rents in Red River Parish, LA are: Studio: $601/mo, 1-Bedroom: $647/mo, 2-Bedroom: $834/mo, 3-Bedroom: $1,073/mo, and 4-Bedroom: $1,251/mo.
How do HUD Fair Market Rents compare to local incomes in Red River Parish, LA?
At the local Census ACS median household income of $49,167/year ($4,097/month), the benchmark 2-bedroom Fair Market Rent represents 20.4% of monthly income.
How is the 30% housing affordability standard calculated in Red River Parish, LA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $834/month, the required minimum annual gross income is calculated as ($834 × 12) ÷ 0.30 = $33,360 per year.