Low Income Apartments and Affordable Housing For Rent in Mermentau, LA

Discover affordable housing in Mermentau where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Riverbend

118 N 13th St, Mermentau, Louisiana 70556

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mermentau, Louisiana
$15.57/hour
$8.32 (+115%) more than Louisiana minimum wage and $8.32 (+115%) more than the Federal minimum wage.
Learn More About Mermentau, Louisiana Affordable Housing ↓

How many renters live in Mermentau, Louisiana?

The City of Mermentau has 644 people living in 340 households.

There are 164 renters living in 81 renter households in this City. Renters make up 25.47 percent of the population living in Mermentau.

What is the rental market like in Mermentau, Louisiana?

There are an estimated 384 housing units in the Mermentau area. Of these, 101 units are rental homes, making up 26 percent of the housing market. For every renter household in Mermentau, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Mermentau?

The rental vacancy rate in Mermentau is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Mermentau for each bedroom size?

Occupied Rental Units by Size in Mermentau
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 41 38 0 2
Occupied Rental Units by Size in Mermentau

A large number of apartments in Mermentau 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 Mermentau are overburdened by housing costs?

Among renter households in this market, 40 percent have housing cost burden. Further, 12 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 Mermentau

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $557 to $1,128. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $557
One BR $626
Two BR $822
Three BR $1,006
Four BR $1,128
2024 Fair Market Rents in Mermentau, Louisiana

How many units are rented at Fair Market Rent (FMR) in Mermentau?

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
One BR 36 88 percent
Two BR 28 74 percent
Rental Units Below FMR in Mermentau, Louisiana

How many affordable rental units are in Mermentau?

There are a variety of federal affordable housing programs serving households in Mermentau, Louisiana including the following:

Federal Program Unit Count
Public Housing 34
Section 202 Supportive Housing for the Elderly 21
Tracked Units by Federal Program in Mermentau, Louisiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Mermentau, Louisiana

Mermentau features 22 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 Mermentau, Louisiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mermentau.

Housing Choice Vouchers in Mermentau, Louisiana

On average, Section 8 Housing Choice vouchers pay Mermentau landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mermentau.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mermentau, Louisiana for a two-bedroom apartment is between $740 and $904.

Sourced from federal housing data and AffordableHousingOnline.com research.