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FY2017 Hypothetical Small Area FMRs For Jefferson 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.

Jefferson Parish is part of the New Orleans-Metairie, LA MSA.

Jefferson Parish, LA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
70001 $620 $730 $880 $1,120 $1,310 0.918
70002 $640 $740 $900 $1,150 $1,340 0.939
70003 $640 $740 $900 $1,150 $1,340 0.939
70004 $670 $780 $940 $1,200 $1,400 0.978
70005 $690 $810 $980 $1,250 $1,460 1.017
70006 $710 $830 $1,000 $1,280 $1,490 1.036
70009 $670 $780 $940 $1,200 $1,400 0.978
70010 $670 $780 $940 $1,200 $1,400 0.978
70011 $670 $780 $940 $1,200 $1,400 0.978
70033 $670 $780 $940 $1,200 $1,400 0.978
70036 $670 $780 $940 $1,200 $1,400 0.978
70053 $620 $720 $870 $1,110 $1,300 0.901
70054 $670 $780 $940 $1,200 $1,400 0.978
70055 $670 $780 $940 $1,200 $1,400 0.978
70056 $710 $830 $1,000 $1,280 $1,490 1.036
70058 $700 $820 $990 $1,260 $1,480 1.023
70059 $670 $780 $940 $1,200 $1,400 0.978
70062 $650 $760 $920 $1,170 $1,370 0.960
70063 $670 $780 $940 $1,200 $1,400 0.978
70064 $670 $780 $940 $1,200 $1,400 0.978
70065 $710 $830 $1,000 $1,280 $1,490 1.039
70067 $770 $900 $1,090 $1,390 $1,630 1.132
70072 $670 $780 $940 $1,200 $1,400 0.979
70073 $670 $780 $940 $1,200 $1,400 0.978
70094 $620 $720 $870 $1,110 $1,300 0.907
70096 $670 $780 $940 $1,200 $1,400 0.978
70121 $570 $670 $810 $1,030 $1,210 0.840
70123 $720 $840 $1,020 $1,300 $1,520 1.064
70181 $670 $780 $940 $1,200 $1,400 0.978
70183 $670 $780 $940 $1,200 $1,400 0.978
70358 $700 $820 $990 $1,260 $1,480 1.030

* 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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