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FY2017 Hypothetical Small Area FMRs For Livingston Parish, LA

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Livingston Parish is part of the Baton Rouge, LA MSA.

Livingston Parish, LA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
70403 $620 $630 $810 $1,010 $1,160 1.022
70443 $560 $590 $740 $930 $1,080 0.920
70449 $590 $730 $840 $1,060 $1,320 0.974
70453 $520 $630 $730 $920 $1,140 0.851
70462 $530 $650 $750 $950 $1,170 0.879
70466 $600 $610 $780 $980 $1,110 0.989
70706 $540 $660 $760 $960 $1,190 0.885
70711 $530 $650 $750 $950 $1,180 0.878
70726 $630 $770 $890 $1,130 $1,390 1.037
70727 $580 $710 $820 $1,040 $1,290 0.952
70733 $580 $710 $820 $1,040 $1,290 0.952
70739 $500 $620 $710 $900 $1,110 0.825
70744 $440 $540 $620 $780 $970 0.722
70754 $510 $620 $720 $910 $1,130 0.832
70774 $570 $700 $810 $1,020 $1,270 0.948
70785 $550 $680 $780 $990 $1,220 0.910

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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