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There are 0 low-income apartments in Red River Parish that offer reduced rents to eligible households.
Rental assistance programs support 204 low-income homes in Red River Parish where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $274 towards rent each month.
Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Red River Parish, Louisiana
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
| Housing Authority | Programs |
|---|---|
| Red River Parish Police Jury | Section 8 Housing Choice Voucher (HCV) |
Red River Parish, Louisiana Affordable Housing Data
Income Based Apartments in Red River Parish, Louisiana
Red River Parish features 204 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Red River Parish, Louisiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Red River Parish.
Housing Choice Vouchers in Red River Parish, Louisiana
On average, Section 8 Housing Choice vouchers pay Red River Parish landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Red River Parish.
The maximum amount a voucher would pay on behalf of a low-income tenant in Red River Parish, Louisiana for a two-bedroom apartment is between $740 and $904.
2024 Red River Parish, Louisiana Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
| Studio | One BR | Two BR | Three BR | Four BR | |
|---|---|---|---|---|---|
| Red River Parish, Louisiana Fair Market Rent | $615 | $626 | $822 | $994 | $1,206 |
| Red River Parish, Louisiana Payment Standard Range | $554 to $677 | $563 to $689 | $740 to $904 | $895 to $1,093 | $1,085 to $1,327 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Red River Parish, LA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 4 |
|---|---|
| Total Low Income Apartments | 204 |
| Total Housing Units with Rental Assistance | 204 |
| Percentage of Housing Units Occupied By Renters | 25.19% |
| Average Renter Household Size | 2.48 |
| Average Household Size | 2.54 |
| Median Household Income | $38,000 ±$5,108 |
| Median Rent | $571 ±$74 |
| Percentage Of Renters Overburdened | 30.17% ± 8.68pp |
| Total Population | 8,838 |
Population and Household Demographics
Red River Parish is a county in Louisiana with a population of 8,838. There are 3,434 households in the county with an average household size of 2.54 persons. 25.19% of households in Red River Parish are renters.
Income and Rent Overburden in Red River Parish
The median gross income for households in Red River Parish is $38,000 a year, or $3,167 a month. The median rent for the county is $571 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Red River Parish, a household making less than $1,903 a month would be considered overburdened when renting an apartment at or above the median rent. 30.17% of households who rent are overburdened in Red River Parish.
Area Median Income In Red River Parish
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Red River Parish, HUD calculates the Area Median Income for a family of four as $61,700
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Red River Parish
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Red River Parish
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Red River Parish AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,580 | $19,720 | $24,860 | $29,950 | $32,350 | $34,750 | $37,150 | $39,550 |
| 50% AMI Income Limits Renters earning up to 50% of the Red River Parish AMI may qualify for rental assistance programs that target Very Low Income households. |
$21,000 | $24,000 | $27,000 | $29,950 | $32,350 | $34,750 | $37,150 | $39,550 |
| 80% AMI Income Limits Renters earning up to 80% of the Red River Parish AMI may qualify for rental assistance programs that target Low Income households. |
$33,550 | $38,350 | $43,150 | $47,900 | $51,750 | $55,600 | $59,400 | $63,250 |
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