Fair Market Rents: Franklin Parish, LA (FY2026)
HUD's FY2026 Fair Market Rents for Franklin Parish set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | LA median* |
|---|---|---|
| Studio (0-BR) | $601/mo | $728 (-17%) |
| 1 Bedroom | $698/mo | $764 (-9%) |
| 2 Bedrooms | $834/mo | $944 (-12%) |
| 3 Bedrooms | $1,067/mo | $1,244 (-14%) |
| 4+ Bedrooms | $1,249/mo | $1,453 (-14%) |
*Median across all FMR-publishing counties in LA. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Franklin Parish
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Franklin Parish
We track 8 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Winnsboro | 9 | 474 |