Rent in Franklin Parish, LA at a glance
2-bedroom rent (HUD)
$834$10,008 a year · HUD fiscal year 2026From October 1, 2026: $892 (+7%)How much rent can you afford in Franklin Parish, LA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Franklin Parish, LA by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $601 | $7,212 | $24,040 | $11.56/hr |
| 1 bedroom | $698 | $8,376 | $27,920 | $13.42/hr |
| 2 bedroomsMost searched | $834 | $10,008 | $33,360 | $16.04/hr |
| 3 bedrooms | $1,067 | $12,804 | $42,680 | $20.52/hr |
| 4 bedrooms | $1,249 | $14,988 | $49,960 | $24.02/hr |
Cost of living in Franklin Parish, LA: income, prices and a budget →
Living and working in Franklin Parish, LA
Rent in Franklin Parish, LA: common questions
How much is rent going up in Franklin Parish, LA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $892 for a two-bedroom, up 7% from $834. A one-bedroom goes from $698 to $712, a studio from $601 to $644.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Franklin Parish, LA?
HUD's Fair Market Rent for 2026 is $698 for a one-bedroom and $834 for a two-bedroom, utilities included. That is $10,008 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Franklin Parish, LA?
To keep a $834 two-bedroom at 30% of gross pay, one full-time worker needs $16.04 an hour, or $33,360 a year. A one-bedroom at $698 takes $13.42 an hour.
How much is a 1, 2 or 3-bedroom apartment in Franklin Parish, LA?
At HUD's 2026 Fair Market Rent: studio $601, one bedroom $698, two $834, three $1,067 and four $1,249 a month.
Is rent affordable in Franklin Parish, LA?
For the typical household, earning $47,020 a year ($3,918 a month, Census ACS), a two-bedroom at $834 takes 21.3% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($834 × 12) ÷ 0.30 = $33,360. Divided by 2,080 working hours, that is $16.04 an hour.