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There are 40 low-income apartments in St Francisville that offer reduced rents to eligible households.
Rental assistance programs support 32 low-income homes in St Francisville where households pay rent based on how much they earn.
Affordable rent data for some communities last confirmed on January 3rd, 2023. Subdsidized rents typically change once a year based on federal guidance.
St Francisville, Louisiana Affordable Housing Data
Income Based Apartments in St Francisville, Louisiana
St Francisville features 32 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 St Francisville, Louisiana
There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St Francisville.
Housing Choice Vouchers in St Francisville, Louisiana
On average, Section 8 Housing Choice vouchers pay St Francisville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in St Francisville.
The maximum amount a voucher would pay on behalf of a low-income tenant in St Francisville, Louisiana for a two-bedroom apartment is between $1,149 and $1,405.
2024 St Francisville, 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 | |
|---|---|---|---|---|---|
| St Francisville, Louisiana Fair Market Rent | $1,107 | $1,124 | $1,277 | $1,598 | $2,125 |
| St Francisville, Louisiana Payment Standard Range | $996 to $1,218 | $1,012 to $1,236 | $1,149 to $1,405 | $1,438 to $1,758 | $1,913 to $2,338 |
Sourced from federal housing data and AffordableHousingOnline.com research.
St Francisville, LA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 2 |
|---|---|
| Total Low Income Apartments | 72 |
| Total Housing Units with Rental Assistance | 32 |
| Percentage of Housing Units Occupied By Renters | 43.38% |
| Average Renter Household Size | 2.98 |
| Average Household Size | 2.83 |
| Median Household Income | $55,326 ±$7,001 |
| Median Rent | $858 ±$143 |
| Percentage Of Renters Overburdened | 42.03% ± 17.08pp |
| Total Population | 1,960 |
Population and Household Demographics
St Francisville is a city in West Feliciana Parish, Louisiana with a population of 1,960. There are 680 households in the city with an average household size of 2.83 persons. 43.38% of households in St Francisville are renters.
Income and Rent Overburden in St Francisville
The median gross income for households in St Francisville is $55,326 a year, or $4,611 a month. The median rent for the city is $858 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In St Francisville, a household making less than $2,860 a month would be considered overburdened when renting an apartment at or above the median rent. 42.03% of households who rent are overburdened in St Francisville.
Area Median Income In St Francisville
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.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For St Francisville, the AMI is calculated from all households within West Feliciana Parish.
In St Francisville, HUD calculates the Area Median Income for a family of four as $83,300
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 St Francisville
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 St Francisville
| 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 St Francisville AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$17,750 | $20,250 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the St Francisville AMI may qualify for rental assistance programs that target Very Low Income households. |
$29,550 | $33,750 | $37,950 | $42,150 | $45,550 | $48,900 | $52,300 | $55,650 |
| 80% AMI Income Limits Renters earning up to 80% of the St Francisville AMI may qualify for rental assistance programs that target Low Income households. |
$47,250 | $54,000 | $60,750 | $67,450 | $72,850 | $78,250 | $83,650 | $89,050 |
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