What HUD offices serve Plaquemine, 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 Plaquemine.
How many renters live in Plaquemine, Louisiana?
The City of Plaquemine has 6,218 people living in 2,538 households.
There are 1,429 renters living in 627 renter households in this City. Renters make up 22.98 percent of the population living in Plaquemine.
What is the rental market like in Plaquemine, Louisiana?
There are an estimated 3,052 housing units in the Plaquemine area. Of these, 727 units are rental homes, making up 24 percent of the housing market. For every renter household in Plaquemine, Louisiana, there are 1 rental units.
What is the vacancy rate for rentals in Plaquemine?
The rental vacancy rate in Plaquemine is 12 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 Plaquemine for each bedroom size?
Occupied Rental Units by Size in Plaquemine
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
18 | 167 | 262 | 180 | 0 |
Occupied Rental Units by Size in Plaquemine
A large number of apartments in Plaquemine 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 Plaquemine are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 28 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 Plaquemine
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $796 to $1,462. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $796 |
One BR | $818 |
Two BR | $918 |
Three BR | $1,294 |
Four BR | $1,462 |
2024 Fair Market Rents in Plaquemine, Louisiana
How many units are rented at Fair Market Rent (FMR) in Plaquemine?
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 | 18 | 100 percent |
One BR | 111 | 66 percent |
Two BR | 118 | 45 percent |
Rental Units Below FMR in Plaquemine, Louisiana
How many affordable rental units are in Plaquemine?
Income Based Apartments in Plaquemine, Louisiana
Plaquemine features 74 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 Plaquemine, Louisiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Plaquemine.
Housing Choice Vouchers in Plaquemine, Louisiana
On average, Section 8 Housing Choice vouchers pay Plaquemine landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Plaquemine.
The maximum amount a voucher would pay on behalf of a low-income tenant in Plaquemine, Louisiana for a two-bedroom apartment is between $826 and $1,010.
Sourced from federal housing data and AffordableHousingOnline.com research.