At $1,264/mo, rent takes about 32% of the local median household income, slightly above 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 $1,264 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 New Iberia changed +8.6% over the year to September 2026. Across the 36 Louisiana cities Zillow tracks, the typical change was +3.9%.
Rent has risen 6 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($47,087) is $1,177 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($940); a 3-bedroom is $1,210.
From Zillow's monthly rent index (ZORI) for New Iberia. 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
New Iberia, LA is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 17.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How New Iberia, LA has changed in 5 years
Census figures show median household income at $47,087 today, compared with $43,734 five years earlier. The population has contracted by 4.4% since 2021, moving from about 28,844 residents to roughly 27,571.
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Can you afford rent in New Iberia on your salary?
At $1,264/mo, how New Iberia rent compares to typical pay (30% rule).
New Iberia rent by bedroom count
Median rent for each apartment size in New Iberia. Click any size for full breakdown.
Tips for renters in New Iberia
Last updated: October 17, 2026
The median rent in New Iberia is $1,264/mo as of October 2026. A studio apartment averages $710/mo while a 2-bedroom runs $940/mo. One-bedroom apartments average $830/mo and 3-bedroom units go for $1,210/mo.
At 32% of local median household income ($47,087/yr), New Iberia ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.6% over the past year.
Frequently asked questions
How much income do you need to rent in New Iberia?
Is rent going up or down in New Iberia?
How does New Iberia rent compare to other cities in Louisiana?
At $1,264/mo, rent takes ~32% of New Iberia's median household income ($47,087/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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