986 Asheville Dr Unit 986 Asheville Drive
There are 949 low-income apartments in St Tammany Parish that offer reduced rents to eligible households. Low-income rents in St Tammany Parish, Louisiana can range from $752 to $1,189 depending on the number of bedrooms.
Rental assistance programs support 631 low-income homes in St Tammany Parish where households pay rent based on how much they earn.
Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.
St Tammany Parish, Louisiana Affordable Housing Data
Income Based Apartments in St Tammany Parish, Louisiana
St Tammany Parish features 631 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 Tammany Parish, Louisiana
There are 949 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St Tammany Parish.
Housing Choice Vouchers in St Tammany Parish, Louisiana
On average, Section 8 Housing Choice vouchers pay St Tammany Parish landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in St Tammany Parish.
The maximum amount a voucher would pay on behalf of a low-income tenant in St Tammany Parish, Louisiana for a two-bedroom apartment is between $1,226 and $1,498.
2024 St Tammany 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 | |
|---|---|---|---|---|---|
| St Tammany Parish, Louisiana Fair Market Rent | $986 | $1,149 | $1,362 | $1,750 | $2,039 |
| St Tammany Parish, Louisiana Payment Standard Range | $887 to $1,085 | $1,034 to $1,264 | $1,226 to $1,498 | $1,575 to $1,925 | $1,835 to $2,243 |
Sourced from federal housing data and AffordableHousingOnline.com research.
St Tammany Parish, LA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 49 |
|---|---|
| Total Low Income Apartments | 1,698 |
| Total Housing Units with Rental Assistance | 631 |
| Percentage of Housing Units Occupied By Renters | 22.94% |
| Average Renter Household Size | 2.61 |
| Average Household Size | 2.70 |
| Median Household Income | $62,137 ±$1,685 |
| Median Rent | $984 ±$26 |
| Percentage Of Renters Overburdened | 48.86% ± 3.29pp |
| Total Population | 242,960 |
Population and Household Demographics
St Tammany Parish is a county in Louisiana with a population of 242,960. There are 89,036 households in the county with an average household size of 2.70 persons. 22.94% of households in St Tammany Parish are renters.
Income and Rent Overburden in St Tammany Parish
The median gross income for households in St Tammany Parish is $62,137 a year, or $5,178 a month. The median rent for the county is $984 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In St Tammany Parish, a household making less than $3,280 a month would be considered overburdened when renting an apartment at or above the median rent. 48.86% of households who rent are overburdened in St Tammany Parish.
Area Median Income In St Tammany 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 St Tammany Parish, HUD calculates the Area Median Income for a family of four as $0
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 Tammany 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.
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