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 | $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 |
|---|---|---|---|---|
| 2BR | $1,000 | $56,733 | 1.76% | A+ |
| 3BR | $1,320 | $102,597 | 1.29% | A |
| 4BR | $1,400 | $179,562 | 0.78% | D |
U.S. Census Bureau data (2024)
The classification of ZIP code 71082 (Vivian, LA) hinges on analyzing both its yield potential and stability metrics based on the provided data. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $910, which is significantly higher than the market rent of $739. This indicates a strong rental yield opportunity, as landlords can potentially charge above-market rents under the Section 8 program. However, the median home value of $86,271 suggests that properties in this area are relatively affordable, making it an attractive option for investors looking to maximize returns.
To gauge stability, we must consider the percentage of renters, the average days on market (DOM), and the median household income. With 23.7% of residents being renters, the demand for rental properties is moderate but not overwhelming. The absence of data regarding the average days on market makes it difficult to assess how quickly properties might be leased. However, the median household income of $27,616 is relatively low, which could indicate that tenants might struggle to pay rent consistently, especially if they rely on Section 8 vouchers to cover their housing costs.
Based on these figures, ZIP 71082 appears to be a market that offers a balance between yield and stability. While the higher FMR compared to the market rent presents an opportunity for increased cash flow, the lower median income and moderate rental demand suggest that there is some risk associated with tenant reliability and property turnover. Therefore, this area is best classified as a moderate-stability, moderate-yield market, suitable for investors who are willing to manage a bit of risk for potentially higher returns. It is not a high-yield/low-stability flip-style market due to the lack of extreme volatility, nor is it a steady-cashflow zone because of the inherent risks posed by the lower median income and limited data on rental market dynamics.
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.