Location: Webster Parish, 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 | $790 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,320 | $200,771 | 0.66% | D |
U.S. Census Bureau data (2024)
The ZIP code 71067 is primarily a renter-heavy area with significant potential for Section 8 tenants. With a population of 2,406, approximately 18.8% are renters, indicating a substantial portion of the population relying on rental housing. This percentage suggests that there is considerable demand for rental properties, particularly those that can accommodate Section 8 voucher holders.
The median household income in this ZIP code stands at $61,161, which is relevant when considering the affordability of housing. The market rent for a typical unit is $614, representing about 12.2% of the median household income. This figure is calculated by dividing the annual rent ($614 x 12 months = $7,368) by the median income ($61,161), revealing that a substantial but manageable portion of income goes towards rent.
Comparing the market rent to the Fair Market Rent (FMR) set at $910 for fiscal year 2024, it's evident that the actual rents in ZIP 71067 are below the FMR threshold. This means that landlords in this area can potentially attract a larger pool of Section 8 tenants, as the lower rent aligns well with the government-set FMR guidelines.
A landlord in ZIP 71067 should anticipate a tenant profile that includes individuals and families who rely on Section 8 vouchers to secure housing. These tenants will have their incomes verified and are typically subject to rigorous screening processes by the housing authority. Landlords can expect tenants whose rent contributions are capped at 30% of their income, making the rental units more affordable for low-income residents. Given the lower market rent compared to the FMR, these units will be attractive to voucher holders, ensuring a steady demand for rental properties.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.