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Caddo Parish/Shreveport/71109

71109

ZIPSAFMR
Caddo Parish, LA
Zillow

ZIP Investment Score

195High yield potential

095130300
BRFMR
Eff. Rent
0 BR$790$600
1 BR$890$660
2 BR$1,000$740
3 BR$1,320$1,080
4 BR$1,400$1,160
5 BR$1,610Not available
6 BR$1,851Not available
7 BR$2,129Not available
8 BR$2,449Not available

Purchase Price Calculator

Maximum purchase price
$48,047

Cost breakdown

+Likely effective rent$740
HUD FMR$1,000
Market rentUsed$740
Est. payment standard (90%)$900
-Principal and interest-$243
Loan amount$38,438
Down payment$9,609
Rate6.50%
Term30 years
-Operating costs-$297
Property taxes-$48
Insurance-$175
Utilities$0
HOA$0
Management-$74
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$12,272(127.7% ROI)
Projected value
$51,742
Return breakdown
Property appreciation+$3,694
Loan principal paid down+$1,377
Rental cash flow+$7,200
5-year hold
+$20,770(216.1% ROI)
Projected value
$54,361
Return breakdown
Property appreciation+$6,314
Loan principal paid down+$2,456
Rental cash flow+$12,000
10-year hold
+$43,309(450.7% ROI)
Projected value
$61,504
Return breakdown
Property appreciation+$13,457
Loan principal paid down+$5,852
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.32
1 BR
1.35
2 BR
1.35
3 BR
1.22
4 BR
1.21
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 71109 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 71109 (Shreveport, LA) is $1,000 a month. That is down 2.0% from $1,020 in FY 2026. Shreveport is in the Shreveport-Bossier City, LA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,045. Among 39 ZIP codes in Caddo Parish, 71109 is tied for the 10th-highest two-bedroom rent (county range $1,000–$1,300).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 71109
BedroomsFY 2027Change90–110% range
Studio$790−1.2%$711–$869
1BR$890−1.1%$801–$979
2BR$1,000−2.0%$900–$1,100
3BR$1,320−1.5%$1,188–$1,452
4BR$1,400−1.4%$1,260–$1,540

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 71109
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$790$890$1,000$1,320$1,400
FY 2026$800$900$1,020$1,340$1,420
FY 2025$710$840$970$1,230$1,340
FY 2024$720$860$990$1,250$1,370
FY 2023$640$770$910$1,130$1,250

Two-bedroom rent in nearby Caddo Parish ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 71109
71101$1,0000.0%
71102$1,0000.0%
71103$1,0000.0%
71104$1,100+10.0%
71105$1,300+30.0%
71106$1,0000.0%
71107$1,0000.0%
71108$1,100+10.0%
71109Current$1,000—
71115$1,060+6.0%
71118$1,040+4.0%
71119$1,100+10.0%

Questions about ZIP 71109 rents

How much will Section 8 pay for a two-bedroom in ZIP 71109?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,045, which applies unless the housing authority uses Small Area FMRs, that basic range is $941 to $1,150 a month; under the ZIP-level Small Area FMR of $1,000 it would be $900 to $1,100. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 71109 in?

ZIP 71109 is in the Shreveport-Bossier City, LA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,045.

How much did fair market rent change in ZIP 71109 for FY 2027?

The two-bedroom FMR fell 2.0%, from $1,020 in FY 2026 to $1,000 in FY 2027. Since FY 2023 it has risen 9.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentShreveport, LA fair market rentLA statewide rentsWhat is SAFMR?Data sources