Affordable Housing In Lake Charles
Calcasieu Parish,
Louisiana
27 Low Income Apartment Communities In Lake Charles
Louie Street Apartments
Whispering Hope
Lake Villa
Section 8 Vouchers, Apartments, and Waiting Lists in Lake Charles, 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.
Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.
Public Housing Agencies Serving Lake Charles, Louisiana
| Housing Authority | Programs |
|---|---|
| Lake Charles Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing |
| Calcasieu Parish Police Jury Housing Department | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Lake Charles, Louisiana
There are 27 low income housing apartment communities offering 2,617 affordable apartments for rent in Lake Charles, Louisiana.
Income Based Apartments in Lake Charles, Louisiana
Lake Charles features 1,566 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 Lake Charles, Louisiana
There are 1,051 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake Charles.
Housing Choice Vouchers in Lake Charles, Louisiana
On average, Section 8 Housing Choice vouchers pay Lake Charles landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Lake Charles.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lake Charles, Louisiana for a two-bedroom apartment is between $796 and $972.
2022 Lake Charles, Louisiana Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
| Studio | One BR | Two BR | Three BR | Four BR | |
|---|---|---|---|---|---|
| Lake Charles, Louisiana Fair Market Rent | $660 | $688 | $884 | $1,107 | $1,241 |
| Lake Charles, Louisiana Payment Standard Range | $594 to $726 | $619 to $757 | $796 to $972 | $996 to $1,218 | $1,117 to $1,365 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Lake Charles, LA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 27 |
|---|---|
| Total Low Income Apartments | 2,617 |
| Total Housing Units with Rental Assistance | 1,566 |
| Percentage of Housing Units Occupied By Renters | 47.82% |
| Average Renter Household Size | 2.34 |
| Average Household Size | 2.36 |
| Median Household Income | $36,751 ±$1,527 |
| Median Rent | $753 ±$30 |
| Percentage Of Renters Overburdened | 47.1% ± 3.86pp |
| Total Population | 74,190 |
Population and Household Demographics
Lake Charles is a city in Calcasieu Parish, Louisiana with a population of 74,190. There are 30,141 households in the city with an average household size of 2.36 persons. 47.82% of households in Lake Charles are renters.
Income and Rent Overburden in Lake Charles
The median gross income for households in Lake Charles is $36,751 a year, or $3,063 a month. The median rent for the city is $753 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lake Charles, a household making less than $2,510 a month would be considered overburdened when renting an apartment at or above the median rent. 47.1% of households who rent are overburdened in Lake Charles.
Area Median Income In Lake Charles
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Lake Charles, the AMI is calculated from all households within Calcasieu Parish.
In Lake Charles, HUD calculates the Area Median Income for a family of four as $75,000
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Lake Charles
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Lake Charles
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Lake Charles AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$15,200 | $18,310 | $23,030 | $27,750 | $32,470 | $37,190 | $41,910 | $46,630 |
| 50% AMI Income Limits Renters earning up to 50% of the Lake Charles AMI may qualify for rental assistance programs that target Very Low Income households. |
$25,350 | $28,950 | $32,550 | $36,150 | $39,050 | $41,950 | $44,850 | $47,750 |
| 80% AMI Income Limits Renters earning up to 80% of the Lake Charles AMI may qualify for rental assistance programs that target Low Income households. |
$40,500 | $46,300 | $52,100 | $57,850 | $62,500 | $67,150 | $71,750 | $76,400 |
