What HUD offices serve Paradis, 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 Paradis.
How many renters live in Paradis, Louisiana?
The City of Paradis has 651 people living in 303 households.
There are 88 renters living in 51 renter households in this City. Renters make up 13.52 percent of the population living in Paradis.
What is the rental market like in Paradis, Louisiana?
There are an estimated 468 housing units in the Paradis area. Of these, 51 units are rental homes, making up 11 percent of the housing market. For every renter household in Paradis, Louisiana, there are 1 rental units.
What is the vacancy rate for rentals in Paradis?
The rental vacancy rate in Paradis is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Paradis for each bedroom size?
Occupied Rental Units by Size in Paradis
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 51 | 0 | 0 |
Occupied Rental Units by Size in Paradis
A large number of apartments in Paradis 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 Paradis are overburdened by housing costs?
Among renter households in this market, 65 percent have housing cost burden. Further, 0 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 Paradis
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $615 to $1,231. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $615 |
| One BR | $679 |
| Two BR | $822 |
| Three BR | $1,043 |
| Four BR | $1,231 |
2024 Fair Market Rents in Paradis, Louisiana
How many units are rented at Fair Market Rent (FMR) in Paradis?
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 |
| Two BR | 13 | 25 percent |
Rental Units Below FMR in Paradis, Louisiana
How many affordable rental units are in Paradis?
There are a variety of federal affordable housing programs serving households in Paradis, Louisiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 12 |
| USDA Section 515 Rural Rental Housing | 12 |
Tracked Units by Federal Program in Paradis, Louisiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Paradis, Louisiana
Paradis features 12 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 Paradis, Louisiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Paradis.
Housing Choice Vouchers in Paradis, Louisiana
On average, Section 8 Housing Choice vouchers pay Paradis landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Paradis.
The maximum amount a voucher would pay on behalf of a low-income tenant in Paradis, Louisiana for a two-bedroom apartment is between $1,226 and $1,498.
Sourced from federal housing data and AffordableHousingOnline.com research.
