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Section 8 Fair Market Rent in Slidell-Mandeville-Covington, LA (FY2027)
HUD's official FY2027 Fair Market Rents for the Slidell-Mandeville-Covington, LA MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2027 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $1,074 | $967 – $1,181 |
| 1 bedroom | $1,164 | $1,048 – $1,280 |
| 2 bedrooms | $1,354 | $1,219 – $1,489 |
| 3 bedrooms | $1,745 | $1,571 – $1,920 |
| 4 bedrooms | $1,997 | $1,797 – $2,197 |
Source: HUD User — FY 2027 Fair Market Rents. FY2027 FMRs are effective October 1, 2026. FY2027 FMRs take effect October 1, 2026; until that date, the prior FY2026 schedule remains in effect. Retrieved 2026-09-07.
How this market compares
The 2-bedroom FMR here is $1,354 — 50% above the Louisiana median of $902 across all 45 FMR areas in the state.
Counties and towns covered
The Slidell-Mandeville-Covington, LA FMR area is a metro area covering: St. Tammany Parish. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Slidell-Mandeville-Covington: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable Louisiana markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Lake Charles | $941 | $1,231 | $1,467 |
| New Orleans-Metairie | $1,229 | $1,480 | $1,900 |
| St. James Parish | $891 | $1,165 | $1,613 |
| Baton Rouge | $1,014 | $1,149 | $1,456 |
| Vernon Parish | $842 | $1,102 | $1,396 |
| Houma-Bayou Cane-Thibodaux | $903 | $1,098 | $1,335 |
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Slidell-Mandeville-Covington.