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 | $1,040 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,720 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,150 | $94,906 | 1.21% | A |
| 2BR | $1,300 | $160,645 | 0.81% | C |
| 3BR | $1,720 | $210,908 | 0.82% | C |
| 4BR | $1,800 | $277,025 | 0.65% | D |
U.S. Census Bureau data (2024)
ZIP code 71105, located in Shreveport, LA, is situated within the larger Shreveport-Bossier City, LA Metropolitan Statistical Area (MSA). The Fair Market Rent (FMR) for ZIP 71105 in fiscal year 2024 is set at $1250, which is slightly below the market rent of $1290. This indicates that the rental prices in this area are competitive and reflect a balance between affordability and market demand.
The median home value in ZIP 71105 stands at $196,531, which is lower than the typical home values found in other ZIP codes within the Shreveport-Bossier City MSA. This suggests that 71105 could be considered a value pocket within the metro, offering more affordable housing options compared to the broader market.
The renter share in ZIP 71105 is 43.2%, which is notably higher than the average renter share in the typical Shreveport-Bossier City MSA ZIPs. This high percentage of renters combined with below-average home values can signal an attractive opportunity for Section 8 investors. Landlords and small-portfolio investors should take note of the potential for subsidized housing tenants in this area.
To summarize, ZIP 71105 presents itself as a value pocket within the Shreveport-Bossier City, LA MSA. It offers relatively low home values and a slightly below-market FMR, while maintaining a higher-than-average renter share. These factors collectively make it a favorable location for those interested in Section 8 real estate investments.
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.