Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,102$13,224 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Thibodaux, LA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Thibodaux, 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 | $760 | $9,120 | $30,400 | $14.62/hr |
| 1-Bedroom Apartment | $904 | $10,848 | $36,160 | $17.38/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,102 | $13,224 | $44,080 | $21.19/hr |
| 3-Bedroom Home | $1,330 | $15,960 | $53,200 | $25.58/hr |
| 4-Bedroom Home | $1,459 | $17,508 | $58,360 | $28.06/hr |
See comprehensive cost of living profile for Thibodaux, LA →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Louisiana:
Frequently Asked Questions About Rent in Thibodaux, LA
What is the Fair Market Rent for a 2-bedroom in Thibodaux, LA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Thibodaux, LA is $1,102 per month ($13,224 per year).
What hourly wage is needed to afford rent in Thibodaux, LA?
To comfortably afford a 2-bedroom apartment at $1,102/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.19 per hour ($44,080/year).
What are the HUD Fair Market Rents by bedroom count in Thibodaux, LA?
Official 2026 HUD rents in Thibodaux, LA are: Studio: $760/mo, 1-Bedroom: $904/mo, 2-Bedroom: $1,102/mo, 3-Bedroom: $1,330/mo, and 4-Bedroom: $1,459/mo.
How do HUD Fair Market Rents compare to local incomes in Thibodaux, LA?
At the local Census ACS median household income of $52,072/year ($4,339/month), the benchmark 2-bedroom Fair Market Rent represents 25.4% of monthly income.
How is the 30% housing affordability standard calculated in Thibodaux, LA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,102/month, the required minimum annual gross income is calculated as ($1,102 × 12) ÷ 0.30 = $44,080 per year.