Location: Shreveport-Bossier City, LA | Metro: Shreveport-Bossier City, LA MSA
| 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 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 71069, located in the Shreveport-Bossier City, LA MSA metro, reveals a favorable environment for cashflow generation. The HUD Fair Market Rent (FMR) for FY 2024 is set at $1030, which is significantly higher than the market rent of $723 reported by the Census ACS. This gap suggests that voucher tenants will cashflow comfortably at the FMR rate, allowing landlords and small-portfolio investors to maintain positive cash positions.
The median home value is listed as N/A, indicating limited data for deriving an accurate rent-to-price ratio. However, the substantial difference between the FMR and the market rent implies that rental properties are undervalued relative to potential voucher income, making them attractive investments. The N/A-day median Days on Market (DOM) and N/A% price-cut share further support the idea that the buy-versus-rent dynamic is skewed towards renting, given the lower market rents and the higher FMR rates available through vouchers.
In conclusion, the strongest investor angle in ZIP 71069 is cashflow. With voucher rates well above the current market rents, landlords can expect consistent and positive financial returns without the need for premium units or extensive renovations. This makes the area particularly appealing for those focused on generating steady income from their investment properties.
Data Sources: FMR data from HUD (2027). 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.