City of New Iberia
457 E Main St Ste 406, New Iberia, LA, 70560 · ~326 units under management
Fair Market Rent by unit size — New Iberia, LA (2026)
Figures shown are Fair Market Rent for the county this agency primarily serves — the agency's actual payment standard (typically 90–110% of FMR) may differ. Confirm directly with the agency. Full county data: Iberia Parish
Who this agency serves
City of New Iberia served 268 households across 326 units (82% occupied) as of HUD's 2025 Picture of Subsidized Households data. The typical assisted household here has an average of 2.3 people, an average annual income of $15,877, and pays an average of $387 per month toward rent.
- Households served
- 268 of 326 units
- Avg. household income
- $15,877
- Avg. rent paid by household
- $387
- Avg. household size
- 2.3 people
- Households with children
- 48%
- Head of household 62+
- 29%
- Head of household with a disability
- 49%
- Avg. wait to move in
- 29 months
Unit mix: 18% 1-bedroom, 43% 2-bedroom, 39% 3-bedroom.
Source: HUD's Picture of Subsidized Households, 2025— figures reflect this agency's most recent reporting period across all HUD programs it administers, not just Housing Choice Vouchers.
Am I eligible?
To qualify for a Housing Choice Voucher through City of New Iberia, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI (the Extremely Low Income limit) for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $26,100 |
| 2 people | $29,800 |
| 3 people | $33,550 |
| 4 people | $37,250 |
| 5 people | $40,250 |
| 6 people | $43,250 |
| 7 people | $46,200 |
| 8 people | $49,200 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary. Contact City of New Iberia directly for current availability. Learn more about eligibility →
Income-restricted housing in New Iberia, LA
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
BACMONILA GARDENS APARTMENTS
1522 ST. JOSEPH STREET, NEW IBERIA, LA, 70560-0000150 income-restricted units6 3BR, 4 4BR+Built 20124% + 9% LIHTCCompliance through ~2042- Elderly
BAYOU PLACE PHASE I
741 SHLESTER, NEW IBERIA, LA, 70560-000025 income-restricted units1 4BR+Built 2008Compliance through ~2038 - Elderly25 income-restricted units1 3BRBuilt 2008Compliance through ~2038
CHEROKEE APARTMENTS
725 MARY STREET, NEW IBERIA, LA, 70560-000032 income-restricted units4 1BRBuilt 20074% LIHTCCompliance through ~2037MOSS OAKS I
1131 ANN ST, NEW IBERIA, LA, 7056022 income-restricted units19 3BR, 3 4BR+Built 20064% LIHTCCompliance through ~2036- Elderly
CANDLEWOOD ESTATES
2560 PELICAN COURT, JEANERETTE, LA, 70544-000032 income-restricted units1 4BR+Built 20069% LIHTCCompliance through ~2036 MOSS OAKS II
905 MOSS OAK DR, NEW IBERIA, LA, 7056022 income-restricted units21 2BR, 1 3BRBuilt 20064% LIHTCCompliance through ~2036NEW IBERIA HOMES AT SUGARLAND TERRACE
1600 SUGARLAND TER, NEW IBERIA, LA, 7056025 income-restricted units of 26 total21 3BR, 4 4BR+Built 20064% LIHTCCompliance through ~2036- Elderly
MILO'S GARDEN APARTMENTS
606 JENNIFER ANNE ST, JEANERETTE, LA, 70544-000040 income-restricted units2 4BR+Built 19974% LIHTCCompliance through ~2027 - Elderly
T.R. BOBB APTS
620 W. ADMIRAL DOYLE, NEW IBERIA, LA, 70561-000030 income-restricted units2 1BRBuilt 19964% LIHTCCompliance through ~2026 - Elderly65 income-restricted units65 1BRBuilt 1995Compliance through ~2025
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Applying with this agency
Application processes and waiting-list status vary by agency — contact City of New Iberia directly using the info above, or read our general guide to how to apply and how waiting lists work.
Evaluating this market
Landlords and investors: see becoming a Section 8 landlord and how to read this market's numbers.