At $1,620/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,620 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Elmwood changed +0.4% over the year to September 2026. Across the 36 Louisiana cities Zillow tracks, the typical change was +3.9%.
Rent rose in 6 of the last 12 months.
30% of the median household income ($89,430) is $2,236 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,717).
Harvey, 9 miles away, rents for 20% less ($1,288/mo), about $4,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Elmwood. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Elmwood, LA is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 60.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Elmwood, LA has changed in 5 years
Household income in the area moved from $75,526 to $89,430 across the same window, up 18.4% versus 2021. The population has contracted by 9.3% since 2021, moving from about 6,700 residents to roughly 6,077. Renters now make up 87.3% of households, compared with 83.5% five years ago.
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Can you afford rent in Elmwood on your salary?
At $1,620/mo, how Elmwood rent compares to typical pay (30% rule).
Elmwood rent by bedroom count
Median rent for each apartment size in Elmwood. Click any size for full breakdown.
Tips for renters in Elmwood
Last updated: October 17, 2026
The median rent in Elmwood is $1,620/mo as of October 2026. A studio apartment averages $1,636/mo while a 2-bedroom runs $1,717/mo. One-bedroom apartments average $1,424/mo.
At 22% of local median household income ($89,430/yr), Elmwood ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.
Frequently asked questions
How much income do you need to rent in Elmwood?
Is rent going up or down in Elmwood?
How does Elmwood rent compare to other cities in Louisiana?
At $1,620/mo, rent takes ~22% of Elmwood's median household income ($89,430/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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