What HUD offices serve Cottonport, 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 Cottonport.
How many renters live in Cottonport, Louisiana?
The City of Cottonport has people living in households.
There are renters living in renter households in this City. Renters make up 32.12 percent of the population living in Cottonport.
What is the rental market like in Cottonport, Louisiana?
There are an estimated housing units in the Cottonport area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cottonport, Louisiana, there are 1.28 rental units.
What is the vacancy rate for rentals in Cottonport?
The rental vacancy rate in Cottonport 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 Cottonport for each bedroom size?
Occupied Rental Units by Size in Cottonport
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 42 | 84 | 80 | 3 |
Occupied Rental Units by Size in Cottonport
A large number of apartments in Cottonport have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Cottonport
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $641 to $1,241. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $641 |
| One BR | $651 |
| Two BR | $856 |
| Three BR | $1,095 |
| Four BR | $1,241 |
2024 Fair Market Rents in Cottonport, Louisiana
How many units are rented at Fair Market Rent (FMR) in Cottonport?
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 | 23 | 55 percent |
| Two BR | 73 | 87 percent |
Rental Units Below FMR in Cottonport, Louisiana
How many affordable rental units are in Cottonport?
There are a variety of federal affordable housing programs serving households in Cottonport, Louisiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Cottonport, Louisiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cottonport, Louisiana
Cottonport features 84 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 Cottonport, Louisiana
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cottonport.
Housing Choice Vouchers in Cottonport, Louisiana
On average, Section 8 Housing Choice vouchers pay Cottonport landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Cottonport.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cottonport, Louisiana for a two-bedroom apartment is between $770 and $942.
Sourced from federal housing data and AffordableHousingOnline.com research.