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

Discover affordable housing in Thibodaux where there are 10+ 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.

Kings Place Apartments ( Forme

1400 Martin Luther King Dr, Thibodaux, Louisiana 70301

Abbey Glen

920 Serenity Dr., Thibodaux, Louisiana 70301

Green Oaks Apartments

149 Meadows Cir, Thibodaux, Louisiana 70301

St Charles Apartments

1259 Saint Charles St, Thibodaux, Louisiana 70301

St Charles Apartments

125 Saint Charles St, Thibodaux, Louisiana 70301

Willow Wood Manor

1002 Plantation Rd, Thibodaux, Louisiana 70301

Sweetwater Estates

102 Trueman Cir, Thibodaux, Louisiana 70301

Plantation Trace Apartments

2127 Audubon Ave, Thibodaux, Louisiana 70301

Waverly Plantation Apts

800 Winder Road East, Thibodaux, Louisiana

Eagle Drive Ridgefield Rd.

603 Government Cir, Thibodaux, Louisiana 70301

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Thibodaux, Louisiana
$21.16/hour
$13.91 (+192%) more than Louisiana minimum wage and $13.91 (+192%) more than the Federal minimum wage.
Learn More About Thibodaux, Louisiana Affordable Housing ↓

What HUD offices serve Thibodaux, 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.

Operates the Public Housing programs for Thibodaux, Louisiana.
Operates the Section 8 Housing Choice Voucher (HCV), Mainstream Voucher programs for Thibodaux, Louisiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Thibodaux, Louisiana.

Go to the Louisiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Thibodaux.

How many renters live in Thibodaux, Louisiana?

The City of Thibodaux has 15,738 people living in 5,983 households.

There are 5,795 renters living in 2,552 renter households in this City. Renters make up 36.82 percent of the population living in Thibodaux.

What is the rental market like in Thibodaux, Louisiana?

There are an estimated 6,922 housing units in the Thibodaux area. Of these, 2,921 units are rental homes, making up 42 percent of the housing market. For every renter household in Thibodaux, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Thibodaux?

The rental vacancy rate in Thibodaux is 10 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 Thibodaux for each bedroom size?

Occupied Rental Units by Size in Thibodaux
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
119 823 1,234 289 75
Occupied Rental Units by Size in Thibodaux

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

Among renter households in this market, 51 percent have housing cost burden. Further, 26 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 Thibodaux

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 Thibodaux, Louisiana

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

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 108 91 percent
One BR 537 65 percent
Two BR 714 58 percent
Rental Units Below FMR in Thibodaux, Louisiana

How many affordable rental units are in Thibodaux?

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

Federal Program Unit Count
Low Income Housing Tax Credit 311
Public Housing 284
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Thibodaux, Louisiana

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

Income Based Apartments in Thibodaux, Louisiana

Thibodaux features 450 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 Thibodaux, Louisiana

There are 324 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thibodaux.

Housing Choice Vouchers in Thibodaux, Louisiana

On average, Section 8 Housing Choice vouchers pay Thibodaux landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Thibodaux.

The maximum amount a voucher would pay on behalf of a low-income tenant in Thibodaux, Louisiana for a two-bedroom apartment is between $1,005 and $1,229.

Sourced from federal housing data and AffordableHousingOnline.com research.