Low Income Apartments and Affordable Housing For Rent in St Francisville, LA

Discover affordable housing in St Francisville where there are 2+ 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.

Hardwood Apartments

598 B St, St Francisville, Louisiana 70775

Audubon Apartments

5180 Burnett Road, St Francisville, Louisiana

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In St Francisville, Louisiana
$24.19/hour
$16.94 (+234%) more than Louisiana minimum wage and $16.94 (+234%) more than the Federal minimum wage.
Learn More About St Francisville, Louisiana Affordable Housing ↓

How many renters live in St Francisville, Louisiana?

The City of St Francisville has 1,724 people living in 595 households.

There are 855 renters living in 308 renter households in this City. Renters make up 49.59 percent of the population living in St Francisville.

What is the rental market like in St Francisville, Louisiana?

There are an estimated 763 housing units in the St Francisville area. Of these, 390 units are rental homes, making up 51 percent of the housing market. For every renter household in St Francisville, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in St Francisville?

The rental vacancy rate in St Francisville is 19 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 St Francisville for each bedroom size?

Occupied Rental Units by Size in St Francisville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 115 156 37 0
Occupied Rental Units by Size in St Francisville

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

Among renter households in this market, 60 percent have housing cost burden. Further, 31 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 St Francisville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,107 to $2,125. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,107
One BR $1,124
Two BR $1,277
Three BR $1,598
Four BR $2,125
2024 Fair Market Rents in St Francisville, Louisiana

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

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 107 93 percent
Two BR 134 86 percent
Rental Units Below FMR in St Francisville, Louisiana

How many affordable rental units are in St Francisville?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 10
USDA Section 515 Rural Rental Housing 108
Tracked Units by Federal Program in St Francisville, Louisiana

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

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.

Sourced from federal housing data and AffordableHousingOnline.com research.