What HUD offices serve Golden Meadow, 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 Golden Meadow.
How many renters live in Golden Meadow, Louisiana?
The City of Golden Meadow has 2,053 people living in 775 households.
There are 456 renters living in 206 renter households in this City. Renters make up 22.21 percent of the population living in Golden Meadow.
What is the rental market like in Golden Meadow, Louisiana?
There are an estimated 1,014 housing units in the Golden Meadow area. Of these, 231 units are rental homes, making up 23 percent of the housing market. For every renter household in Golden Meadow, Louisiana, there are 1 rental units.
What is the vacancy rate for rentals in Golden Meadow?
The rental vacancy rate in Golden Meadow 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 Golden Meadow for each bedroom size?
Occupied Rental Units by Size in Golden Meadow
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 59 | 90 | 48 | 9 |
Occupied Rental Units by Size in Golden Meadow
A large number of apartments in Golden Meadow 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 Golden Meadow are overburdened by housing costs?
Among renter households in this market, 45 percent have housing cost burden. Further, 14 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 Golden Meadow
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 Golden Meadow, Louisiana
How many units are rented at Fair Market Rent (FMR) in Golden Meadow?
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 | 59 | 100 percent |
| Two BR | 73 | 81 percent |
Rental Units Below FMR in Golden Meadow, Louisiana
How many affordable rental units are in Golden Meadow?
There are a variety of federal affordable housing programs serving households in Golden Meadow, Louisiana including the following:
| Federal Program | Unit Count |
| Public Housing | 41 |
Tracked Units by Federal Program in Golden Meadow, Louisiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Golden Meadow, Louisiana
Golden Meadow features 276 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 Golden Meadow, Louisiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Golden Meadow.
Housing Choice Vouchers in Golden Meadow, Louisiana
On average, Section 8 Housing Choice vouchers pay Golden Meadow landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Golden Meadow.
The maximum amount a voucher would pay on behalf of a low-income tenant in Golden Meadow, Louisiana for a two-bedroom apartment is between $1,005 and $1,229.
Sourced from federal housing data and AffordableHousingOnline.com research.
