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

Discover affordable housing in Lockport where there are 2+ 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.

Lockport Elderly II Apartments

100 Elsie Court, Lockport, Louisiana 70374

Lockport Elderly Apartments

907 Justin St, Lockport, Louisiana 70374

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lockport, Louisiana
$21.16/hour
$13.91 (+192%) more than Louisiana minimum wage and $13.91 (+192%) more than the Federal minimum wage.
Learn More About Lockport, Louisiana Affordable Housing ↓

What HUD offices serve Lockport, 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) programs for Lockport, Louisiana.

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

How many renters live in Lockport, Louisiana?

The City of Lockport has 2,761 people living in 977 households.

There are 800 renters living in 295 renter households in this City. Renters make up 28.98 percent of the population living in Lockport.

What is the rental market like in Lockport, Louisiana?

There are an estimated 1,154 housing units in the Lockport area. Of these, 329 units are rental homes, making up 29 percent of the housing market. For every renter household in Lockport, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Lockport?

The rental vacancy rate in Lockport 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 Lockport for each bedroom size?

Occupied Rental Units by Size in Lockport
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 84 88 42 64
Occupied Rental Units by Size in Lockport

A large number of apartments in Lockport 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 Lockport are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 8 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 Lockport

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 Lockport, Louisiana

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

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 0 100 percent
One BR 78 93 percent
Two BR 53 60 percent
Rental Units Below FMR in Lockport, Louisiana

How many affordable rental units are in Lockport?

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

Federal Program Unit Count
Low Income Housing Tax Credit 80
Tracked Units by Federal Program in Lockport, Louisiana

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

Income Based Apartments in Lockport, Louisiana

Lockport features 0 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 Lockport, Louisiana

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lockport.

Housing Choice Vouchers in Lockport, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lockport, Louisiana for a two-bedroom apartment is between $1,005 and $1,229.

Sourced from federal housing data and AffordableHousingOnline.com research.