Houma-Bayou Cane-Thibodaux, LA MSA · FY2026 area median income $86,600 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $291 | $437 | $583 | $728 | $874 | $1,020 | $1,166 |
| 1BR | $312 | $468 | $624 | $780 | $936 | $1,092 | $1,249 |
| 2BR | $374 | $561 | $749 | $936 | $1,123 | $1,310 | $1,498 |
| 3BR | $432 | $649 | $865 | $1,081 | $1,298 | $1,514 | $1,731 |
| 4BR | $483 | $724 | $966 | $1,207 | $1,449 | $1,690 | $1,932 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $17,490 | $29,150 | $34,980 | $46,640 |
| 2 persons | $19,980 | $33,300 | $39,960 | $53,280 |
| 3 persons | $22,470 | $37,450 | $44,940 | $59,920 |
| 4 persons | $24,960 | $41,600 | $49,920 | $66,560 |
| 5 persons | $26,970 | $44,950 | $53,940 | $71,920 |
| 6 persons | $28,980 | $48,300 | $57,960 | $77,280 |
| 7 persons | $30,960 | $51,600 | $61,920 | $82,560 |
| 8 persons | $32,970 | $54,950 | $65,940 | $87,920 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Lafourche Parish to see the sources and uses, bond test, DSCR, and funding gap using these rents.