What HUD offices serve Ville Platte, 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 Ville Platte.
How many renters live in Ville Platte, Louisiana?
The City of Ville Platte has 6,364 people living in 2,652 households.
There are 3,651 renters living in 1,637 renter households in this City. Renters make up 57.37 percent of the population living in Ville Platte.
What is the rental market like in Ville Platte, Louisiana?
There are an estimated 3,318 housing units in the Ville Platte area. Of these, 1,784 units are rental homes, making up 54 percent of the housing market. For every renter household in Ville Platte, Louisiana, there are 1 rental units.
What is the vacancy rate for rentals in Ville Platte?
The rental vacancy rate in Ville Platte is 8 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 Ville Platte for each bedroom size?
Occupied Rental Units by Size in Ville Platte
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 19 | 289 | 703 | 552 | 74 |
Occupied Rental Units by Size in Ville Platte
A large number of apartments in Ville Platte 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 Ville Platte are overburdened by housing costs?
Among renter households in this market, 61 percent have housing cost burden. Further, 35 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 Ville Platte
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $615 to $1,095. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $615 |
| One BR | $669 |
| Two BR | $822 |
| Three BR | $1,053 |
| Four BR | $1,095 |
2024 Fair Market Rents in Ville Platte, Louisiana
How many units are rented at Fair Market Rent (FMR) in Ville Platte?
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 | 19 | 100 percent |
| One BR | 195 | 67 percent |
| Two BR | 508 | 72 percent |
Rental Units Below FMR in Ville Platte, Louisiana
How many affordable rental units are in Ville Platte?
There are a variety of federal affordable housing programs serving households in Ville Platte, Louisiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 177 |
| Public Housing | 188 |
| Section 8 Project-Based Rental Assistance | 179 |
| Section 202 Supportive Housing for the Elderly | 49 |
| Section 811 Supportive Housing for Persons with Disabilities | 36 |
| USDA Section 515 Rural Rental Housing | 18 |
Tracked Units by Federal Program in Ville Platte, Louisiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ville Platte, Louisiana
Ville Platte features 552 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 Ville Platte, Louisiana
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ville Platte.
Housing Choice Vouchers in Ville Platte, Louisiana
On average, Section 8 Housing Choice vouchers pay Ville Platte landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ville Platte.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ville Platte, Louisiana for a two-bedroom apartment is between $740 and $904.
Sourced from federal housing data and AffordableHousingOnline.com research.
