What HUD offices serve Pearl River, 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 Pearl River.
How many renters live in Pearl River, Louisiana?
The City of Pearl River has 2,584 people living in 972 households.
There are 654 renters living in 180 renter households in this City. Renters make up 25.31 percent of the population living in Pearl River.
What is the rental market like in Pearl River, Louisiana?
There are an estimated 1,071 housing units in the Pearl River area. Of these, 180 units are rental homes, making up 17 percent of the housing market. For every renter household in Pearl River, Louisiana, there are 1 rental units.
What is the vacancy rate for rentals in Pearl River?
The rental vacancy rate in Pearl River 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 Pearl River for each bedroom size?
Occupied Rental Units by Size in Pearl River
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 62 | 95 | 23 |
Occupied Rental Units by Size in Pearl River
A large number of apartments in Pearl River 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 Pearl River are overburdened by housing costs?
Among renter households in this market, 71 percent have housing cost burden. Further, 20 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 Pearl River
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 Pearl River, Louisiana
How many units are rented at Fair Market Rent (FMR) in Pearl River?
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 | 46 | 74 percent |
Rental Units Below FMR in Pearl River, Louisiana
How many affordable rental units are in Pearl River?
Income Based Apartments in Pearl River, Louisiana
Pearl River features 48 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 Pearl River, Louisiana
There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pearl River.
Housing Choice Vouchers in Pearl River, Louisiana
On average, Section 8 Housing Choice vouchers pay Pearl River landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pearl River.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pearl River, Louisiana for a two-bedroom apartment is between $1,226 and $1,498.
Sourced from federal housing data and AffordableHousingOnline.com research.
