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

Discover affordable housing in Lafayette where there are 95+ 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.

Moss Gardens

411 Sonny St, Lafayette, Louisiana 70501

bed 1-2
payment Subsidized

Acadian Manor

201 Jeffrey Drive, Lafayette, Louisiana 70503

bed 1-3
payment Subsidized

Victory Village

102 Van Buren Dr, Lafayette, Louisiana 70507

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Bayberry Point IV

406 Jessica St., Lafayette, Louisiana 70506

bed 3-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Bayberry Point III

406 Jessica St., Lafayette, Louisiana 70506

bed 3-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Bayberry Point II

406 Jessica St., Lafayette, Louisiana 70506

bed 3-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Bayberry Point I

406 Jessica St, Lafayette, Louisiana 70501

bed 3-4
switch_access_shortcut Short Wait
accessibility Accessible

Rue Du Lac

1404 Carmel Dr, Lafayette, Louisiana 70501

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Oakbrook Apartments

222 Westpointe Circle, Lafayette, Louisiana 70506

bed 3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Acadian Manor

201 Jeffrey Dr, Lafayette, Louisiana 70503

payment Subsidized

Stonehenge Apartments

140 Statesman Dr, Lafayette, Louisiana 70506

payment Subsidized

St Ritas Home ( St Gertrude Manor )

913 Webb St, Lafayette, Louisiana 70501

payment Subsidized
accessibility Accessible
accessible_forward Disability

Ed Washington Place

110 Statesman Dr, Lafayette, Louisiana 70506

payment Subsidized

Maison Desprit

216 Landmark St, Lafayette, Louisiana 70506

payment Subsidized
accessibility Accessible
accessible_forward Disability

Himbola Manor

804 Martin Luther King Jr Dr, Lafayette, Louisiana 70501

payment Subsidized

Les Petites Maisons I

111 Keeling Dr, Lafayette, Louisiana 70506

switch_access_shortcut Short Wait
accessibility Accessible

Les Petites Maisons II

110 Keeling Dr, Lafayette, Louisiana 70506

payment Subsidized
accessibility Accessible
accessible_forward Disability

Maison De Goodwill

415 Guilbeau Rd, Lafayette, Louisiana 70506

payment Subsidized
elderly Senior
accessibility Accessible

Woodvale Place

411 Woodvale Ave, Lafayette, Louisiana 70503

payment Subsidized

Madeline Place

216 Hudson Ln, Lafayette, Louisiana 70506

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Lafayette, Louisiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lafayette, Louisiana
$19.58/hour
$12.33 (+170%) more than Louisiana minimum wage and $12.33 (+170%) more than the Federal minimum wage.
Learn More About Lafayette, Louisiana Affordable Housing ↓

What HUD offices serve Lafayette, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Lafayette, Louisiana.

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

How many renters live in Lafayette, Louisiana?

The City of Lafayette has people living in households.

There are renters living in renter households in this City. Renters make up 42.06 percent of the population living in Lafayette.

What is the rental market like in Lafayette, Louisiana?

There are an estimated housing units in the Lafayette area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lafayette, Louisiana, there are 0.98 rental units.

What is the vacancy rate for rentals in Lafayette?

The rental vacancy rate in Lafayette is 7 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 Lafayette for each bedroom size?

Occupied Rental Units by Size in Lafayette
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
689 5,316 9,145 6,279 987
Occupied Rental Units by Size in Lafayette

A large number of apartments in Lafayette 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 Lafayette

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $701 to $1,755. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $701
One BR $921
Two BR $1,034
Three BR $1,344
Four BR $1,755
2024 Fair Market Rents in Lafayette, Louisiana

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

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 163 24 percent
One BR 3,060 58 percent
Two BR 4,313 47 percent
Rental Units Below FMR in Lafayette, Louisiana

How many affordable rental units are in Lafayette?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Lafayette, Louisiana

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

Income Based Apartments in Lafayette, Louisiana

Lafayette features 2,011 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 Lafayette, Louisiana

There are 790 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lafayette.

Housing Choice Vouchers in Lafayette, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lafayette, Louisiana for a two-bedroom apartment is between $931 and $1,137.

Sourced from federal housing data and AffordableHousingOnline.com research.

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