Rental Benchmark Overview
2-Bedroom Benchmark Rent
$944$11,328 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Richland Parish, LA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Richland 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 | $754 | $9,048 | $30,160 | $14.50/hr |
| 1-Bedroom Apartment | $759 | $9,108 | $30,360 | $14.60/hr |
| 2-Bedroom ApartmentStandard Benchmark | $944 | $11,328 | $37,760 | $18.15/hr |
| 3-Bedroom Home | $1,132 | $13,584 | $45,280 | $21.77/hr |
| 4-Bedroom Home | $1,344 | $16,128 | $53,760 | $25.85/hr |
See comprehensive cost of living profile for Richland Parish, LA →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Louisiana:
Frequently Asked Questions About Rent in Richland Parish, LA
What is the Fair Market Rent for a 2-bedroom in Richland Parish, LA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Richland Parish, LA is $944 per month ($11,328 per year).
What hourly wage is needed to afford rent in Richland Parish, LA?
To comfortably afford a 2-bedroom apartment at $944/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.15 per hour ($37,760/year).
What are the HUD Fair Market Rents by bedroom count in Richland Parish, LA?
Official 2026 HUD rents in Richland Parish, LA are: Studio: $754/mo, 1-Bedroom: $759/mo, 2-Bedroom: $944/mo, 3-Bedroom: $1,132/mo, and 4-Bedroom: $1,344/mo.
How do HUD Fair Market Rents compare to local incomes in Richland Parish, LA?
At the local Census ACS median household income of $53,544/year ($4,462/month), the benchmark 2-bedroom Fair Market Rent represents 21.2% of monthly income.
How is the 30% housing affordability standard calculated in Richland Parish, LA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $944/month, the required minimum annual gross income is calculated as ($944 × 12) ÷ 0.30 = $37,760 per year.