Franklin Parish
FY 2026 HUD Fair Market Rents in Louisiana. Population: 19,752.
Fair Market Rents (2026)
Studio
National avg: $893
$601/mo
↓ 9.8% YoY
-33% vs US
1 Bedroom
National avg: $959
$698/mo
↓ 9.9% YoY
-27% vs US
2 Bedroom
National avg: $1,175
$834/mo
↓ 7.6% YoY
-29% vs US
3 Bedroom
National avg: $1,525
$1,067/mo
↓ 7.1% YoY
-30% vs US
4 Bedroom
National avg: $1,756
$1,249/mo
↑ 4.3% YoY
-29% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $666 | $601 | $-65 (-9.8%) |
| 1 Bedroom | $775 | $698 | $-77 (-9.9%) |
| 2 Bedroom | $903 | $834 | $-69 (-7.6%) |
| 3 Bedroom | $1,149 | $1,067 | $-82 (-7.1%) |
| 4 Bedroom | $1,197 | $1,249 | +$52 (+4.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$27,920
$2,327/month gross
Required annual income for 2 BR
$33,360
$2,780/month gross
Other Counties in Louisiana
Avoyelles Parish
1 BR: $653/mo
St. John the Baptist Parish
1 BR: $1,113/mo
Concordia Parish
1 BR: $647/mo
West Carroll Parish
1 BR: $636/mo
Catahoula Parish
1 BR: $647/mo
St. Helena Parish
1 BR: $1,064/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.