Section 8 — New Orleans-Metairie, LA FMR

Section 8 rents
in new orleans-metairie.

HUD Fair Market Rents for every one of the 105 ZIP codes in the New Orleans-Metairie area (FY2026). The median 2-bedroom runs $1,340/mo and the median 3-bedroom $1,710/mo — with 3-bedroom rents spanning $1,710 to $2,560/mo depending on the ZIP. This is part of Louisiana Section 8 rents.

Area median

FMR by bedroom.

Median Fair Market Rent across all New Orleans-Metairie ZIPs, by unit size (FY2026).
bedroomsmedian FMR / mo
studio / 0 BR$980
1 BR$1,120
2 BR$1,340
3 BR$1,710
4 BR$2,010

3-bedroom FMR ranges from $1,710 to $2,560/mo across New Orleans-Metairie's 105 ZIP codes — Small Area FMRs vary widely within a single metro.

Every ZIP

FMR by ZIP code.

2-bedroom and 3-bedroom Fair Market Rent for every ZIP in the New Orleans-Metairie area. Need one number fast? Check any ZIP instantly.

All 105 ZIPs, sorted.

ZIP2 BR3 BR
70001$1,390$1,770
70002$1,340$1,710
70003$1,340$1,710
70004$1,340$1,710
70005$1,340$1,710
70006$1,340$1,710
70009$1,340$1,710
70010$1,340$1,710
70011$1,340$1,710
70030$1,780$2,260
70031$1,340$1,710
70032$1,340$1,710
70033$1,340$1,710
70036$1,340$1,710
70037$1,830$2,330
70038$1,750$2,230
70039$1,340$1,710
70040$1,650$2,100
70041$1,750$2,230
70043$1,340$1,710
70044$1,340$1,710
70047$1,360$1,740
70049$1,340$1,710
70050$1,750$2,230
70051$1,340$1,710
70053$1,340$1,710
70054$1,340$1,710
70055$1,340$1,710
70056$1,340$1,710
70057$1,340$1,710
70058$1,350$1,720
70059$1,340$1,710
70062$1,340$1,710
70063$1,340$1,710
70064$1,340$1,710
70065$1,340$1,710
70067$1,340$1,710
70068$1,340$1,710
70069$1,340$1,710
70070$1,660$2,110
70072$1,340$1,710
70073$1,340$1,710
70075$1,340$1,710
70076$1,340$1,710
70078$1,340$1,710
70079$1,350$1,710
70080$1,360$1,730
70082$1,750$2,230
70083$1,750$2,230
70084$1,340$1,710
70085$1,340$1,710
70087$1,340$1,710
70091$1,750$2,230
70092$1,340$1,710
70094$1,340$1,710
70096$1,340$1,710
70112$1,340$1,710
70113$1,340$1,710
70114$1,340$1,710
70115$1,720$2,190
70116$1,570$2,000
70117$1,340$1,710
70118$1,390$1,770
70119$1,510$1,920
70121$1,340$1,710
70122$1,380$1,750
70123$1,660$2,120
70124$1,930$2,450
70125$1,490$1,890
70126$1,340$1,710
70127$1,340$1,710
70128$1,380$1,770
70129$1,340$1,710
70130$2,000$2,560
70131$1,340$1,710
70139$1,370$1,740
70145$1,370$1,740
70146$1,370$1,740
70148$1,340$1,710
70150$1,370$1,740
70151$1,370$1,740
70152$1,370$1,740
70153$1,370$1,740
70156$1,370$1,740
70157$1,370$1,740
70158$1,370$1,740
70163$1,370$1,740
70170$1,370$1,740
70172$1,370$1,740
70174$1,370$1,740
70175$1,370$1,740
70176$1,370$1,740
70177$1,370$1,740
70178$1,370$1,740
70179$1,370$1,740
70181$1,340$1,710
70182$1,370$1,740
70183$1,340$1,710
70184$1,370$1,740
70185$1,370$1,740
70186$1,370$1,740
70187$1,370$1,740
70189$1,370$1,740
70190$1,370$1,740
70358$1,480$1,890

SAFMR = ZIP-level variation. HUD sets Small Area Fair Market Rents by ZIP in this metro, so two homes in the same city can carry very different voucher ceilings.

The underwriting

The DSCR math at new orleans-metairie's median rent.

A worked example — assumptions stated, not hidden. Run your exact numbers in the calculator.

At the median 3-bedroom Section 8 rent of $1,710/mo, the maximum PITIA that still clears a 1.20 DSCR is $1,425/mo. Assuming ~25% of that payment goes to property taxes and insurance, the maximum principal & interest is $1,069/mo — which supports roughly a $161,000 loan at 7% over 30 years, or about a $215,000 purchase at 75% LTV.

median 3 BR rent$1,710/mo
max PITIA @ 1.20 DSCR$1,425/mo
max P&I (~75% of PITIA)$1,069/mo
supported loan (7% / 30yr)$161,000
implied price (75% LTV)$215,000

Assumptions: 1.20 DSCR floor, ~25% of PITIA for taxes + insurance, 7.0% 30-year fixed, 75% LTV. Your taxes, insurance, rate, and LTV will differ — run your exact numbers in the DSCR calculator.

FAQ

New Orleans-Metairie Section 8, answered.

The questions investors ask before underwriting a New Orleans-Metairie voucher deal.
New Orleans-Metairie FMR —
What is the 3-bedroom Section 8 rent in New Orleans-Metairie?
The median 3-bedroom Fair Market Rent in the New Orleans-Metairie area is $1,710/mo (FY2026). Under HUD's Small Area FMR schedule it ranges from $1,710 to $2,560/mo depending on the ZIP code — see the full ZIP table above.
New Orleans-Metairie FMR —
Why do Section 8 rents differ between ZIP codes in New Orleans-Metairie?
HUD publishes Small Area Fair Market Rents (SAFMRs) by ZIP code in most large metros, including New Orleans-Metairie. Instead of one metro-wide number, each ZIP gets its own rent ceiling based on local market rents — so two homes in the same city can carry very different voucher amounts. The 3-bedroom range here spans $1,710 to $2,560/mo across the 105 ZIPs in this area.
New Orleans-Metairie FMR —
Does a voucher pay the exact ZIP Fair Market Rent in New Orleans-Metairie?
Not exactly. The FMR is the starting point — the local public housing authority sets its voucher payment standard at 90–110% of the ZIP's FMR, and every unit still has to pass a rent reasonableness test against comparable local rentals before the lease is approved. Treat the ZIP FMR as the ceiling, not a guaranteed payment.
Live · all 50 states

FMR on every new orleans-metairie listing.

Verleon AI overlays HUD Fair Market Rents on every active listing in New Orleans-Metairie — and all 50 states — so you see the Section 8 ceiling and DSCR before you make an offer. Back to Louisiana Section 8 rents or the all-states hub.

Data source: HUD FY2026 Fair Market Rents (Small Area FMRs where published), snapshot 2026-07-24. Payment standards vary by public housing authority (typically 90–110% of FMR). Figures are for research and do not guarantee approved rent on any specific unit.

Not investment advice. Verleon AI provides analytical tooling for real-estate professionals. Underwriting outputs (DSCR, cap rate, Section 8 FMR estimates, scores) are modeled from public and licensed data and are not a substitute for independent due diligence, legal counsel, lender pre-approval, or licensed appraisal. Past performance is not indicative of future results.