What HUD offices serve Houma, 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.
Go to the Louisiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Houma.
How many renters live in Houma, Louisiana?
The City of Houma has 33,094 people living in 13,315 households.
There are 8,218 renters living in 3,982 renter households in this City. Renters make up 24.83 percent of the population living in Houma.
What is the rental market like in Houma, Louisiana?
There are an estimated 14,905 housing units in the Houma area. Of these, 4,204 units are rental homes, making up 28 percent of the housing market. For every renter household in Houma, Louisiana, there are 1 rental units.
What is the vacancy rate for rentals in Houma?
The rental vacancy rate in Houma is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Houma for each bedroom size?
Occupied Rental Units by Size in Houma
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 124 | 969 | 1,190 | 1,557 | 142 |
Occupied Rental Units by Size in Houma
A large number of apartments in Houma have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Houma are overburdened by housing costs?
Among renter households in this market, 48 percent have housing cost burden. Further, 20 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Houma
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $757 to $1,519. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $757 |
| One BR | $900 |
| Two BR | $1,117 |
| Three BR | $1,397 |
| Four BR | $1,519 |
2024 Fair Market Rents in Houma, Louisiana
How many units are rented at Fair Market Rent (FMR) in Houma?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 62 | 50 percent |
| One BR | 550 | 57 percent |
| Two BR | 753 | 63 percent |
Rental Units Below FMR in Houma, Louisiana
How many affordable rental units are in Houma?
There are a variety of federal affordable housing programs serving households in Houma, Louisiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 308 |
| Section 8 Project-Based Rental Assistance | 1 |
| Section 202 Supportive Housing for the Elderly | 1 |
Tracked Units by Federal Program in Houma, Louisiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Houma, Louisiana
Houma features 629 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 Houma, Louisiana
There are 153 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Houma.
Housing Choice Vouchers in Houma, Louisiana
On average, Section 8 Housing Choice vouchers pay Houma landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Houma.
The maximum amount a voucher would pay on behalf of a low-income tenant in Houma, Louisiana for a two-bedroom apartment is between $1,005 and $1,229.
Sourced from federal housing data and AffordableHousingOnline.com research.
