Location: Shreveport-Bossier City, LA | Metro: Shreveport-Bossier City, LA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $1,060 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,580 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,200 | $143,173 | 0.84% | C |
| 3BR | $1,580 | $292,278 | 0.54% | F |
| 4BR | $1,670 | $447,328 | 0.37% | F |
| 5BR | $1,937 | $663,508 | 0.29% | F |
U.S. Census Bureau data (2024)
The ZIP code 71006 in Benton, LA, presents an interesting balance between yield and stability for real estate investors. With a Fair Market Rent (FMR) of $1250 for the fiscal year 2024, compared to the market rent of $1,256, it offers a competitive yield. The median home value stands at $350,041, indicating that the area has a moderate level of property investment costs.
On the stability axis, the ZIP code shows a 12.5% share of renters in the housing market. This percentage suggests a relatively low demand for rental properties, which can affect long-term cash flow expectations. Additionally, the average days on market (DOM) for listings is 60 days, which is a moderate figure. A higher DOM could indicate slower sales or rental activity, but 60 days is within a reasonable range for property turnover.
The median household income in the area is $94,266, which supports a stable economic environment. However, with only 12.5% of the population renting, there's a risk that cash flows might not be as consistent as in areas with a higher percentage of renters. This ZIP code does not fit the profile of a high-yield/low-stability flip-style market; instead, it leans towards being a steady-cashflow zone due to the moderate rental yields and reasonable property values.
To conclude, ZIP 71006 offers a middle-ground opportunity where the potential for steady cash flow exists, but investors should be prepared for moderate rental demand and income levels that support a stable but not exceptionally high-yielding market. The specific figures driving this analysis are the FMR of $1250, market rent of $1,256, median home value of $350,041, 12.5% renters, and a median household income of $94,266.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.