What HUD offices serve Hessmer, 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 Hessmer.
How many renters live in Hessmer, Louisiana?
The City of Hessmer has people living in households.
There are renters living in renter households in this City. Renters make up 37.06 percent of the population living in Hessmer.
What is the rental market like in Hessmer, Louisiana?
There are an estimated housing units in the Hessmer area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hessmer, Louisiana, there are 1.29 rental units.
What is the vacancy rate for rentals in Hessmer?
The rental vacancy rate in Hessmer is 13 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 Hessmer for each bedroom size?
Occupied Rental Units by Size in Hessmer
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
7 | 27 | 50 | 33 | 0 |
Occupied Rental Units by Size in Hessmer
A large number of apartments in Hessmer 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 Hessmer
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 Hessmer, Louisiana
How many units are rented at Fair Market Rent (FMR) in Hessmer?
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 | 6 | 86 percent |
One BR | 17 | 63 percent |
Two BR | 16 | 32 percent |
Rental Units Below FMR in Hessmer, Louisiana
How many affordable rental units are in Hessmer?
There are a variety of federal affordable housing programs serving households in Hessmer, Louisiana including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit |
Tracked Units by Federal Program in Hessmer, Louisiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hessmer, Louisiana
Hessmer 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 Hessmer, Louisiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hessmer.
Housing Choice Vouchers in Hessmer, Louisiana
On average, Section 8 Housing Choice vouchers pay Hessmer landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hessmer.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hessmer, Louisiana for a two-bedroom apartment is between $770 and $942.
Sourced from federal housing data and AffordableHousingOnline.com research.