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: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,200 | $100,008 | 1.2% | B |
| 3BR | $1,580 | $181,085 | 0.87% | C |
| 4BR | $1,670 | $263,183 | 0.63% | D |
| 5BR | $1,937 | $436,849 | 0.44% | F |
U.S. Census Bureau data (2024)
The rent math in ZIP 71112, located in Bossier City, LA, within the Shreveport-Bossier City, LA MSA metro area, does not favor landlords. The Fair Market Rent (FMR) for FY 2024 is set at $1270, while the actual market rent, as indicated by ZORI, stands at $1409. This discrepancy means that landlords relying on Section 8 vouchers will not be able to cover market rents, resulting in a shortfall of $139 per unit.
Acquisition in this area is relatively affordable, with a median home value of $182,386. However, the average Days on Market (DOM) of 40 days and a price-cut share of only 0.3% suggest that homes sell quickly without significant price reductions. This indicates a competitive market where buyers might bid up prices, making it challenging to acquire properties at the median value consistently.
Tenant demand in ZIP 71112 is strong. With a total population of 33,587 and a renter share of 39.0%, there are approximately 13,099 renters seeking housing. Given the limited supply and high demand, landlords can expect steady interest in their rental properties.
In conclusion, while tenant demand is robust in ZIP 71112, the rent math does not currently work in favor of landlords due to the gap between FMR and market rents. Acquisition remains affordable but could become more challenging given the quick sales and low price-cut share. Landlords should carefully consider these factors before investing in this market.
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.