FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR
0.67ratio
FMR$1,060
Market$1,590
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.67
2 BR
2 BR
0.73ratio
FMR$1,200
Market$1,640
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR
0.88ratio
FMR$1,580
Market$1,790
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR
0.72ratio
FMR$1,670
Market$2,330
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.72
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 71172 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 71172 (Bossier City, LA) is $1,200 a month. That is down 6.3% from $1,280 in FY 2026. Bossier City 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 21 ZIP codes in Bossier Parish, 71172 is tied for the 7th-highest two-bedroom rent (county range $1,000–$1,570). The median county two-bedroom FMR in Louisiana is $995, so ZIP 71172 is 21% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 71172
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,000
$960
−4.0%
$864–$1,056
1BR
$1,130
$1,060
−6.2%
$954–$1,166
2BR
$1,280
$1,200
−6.2%
$1,080–$1,320
3BR
$1,680
$1,580
−6.0%
$1,422–$1,738
4BR
$1,790
$1,670
−6.7%
$1,503–$1,837
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 71172
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$960
$1,060
$1,200
$1,580
$1,670
FY 2026
$1,000
$1,130
$1,280
$1,680
$1,790
FY 2025
$880
$1,030
$1,170
$1,520
$1,600
FY 2024
$900
$1,070
$1,240
$1,570
$1,720
FY 2023
$820
$990
$1,170
$1,460
$1,610
Two-bedroom rent in nearby Bossier Parish ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 71172?
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 $1,200 it would be $1,080 to $1,320. 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 71172 in?
ZIP 71172 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 71172 for FY 2027?
The two-bedroom FMR fell 6.3%, from $1,280 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 2.6%.
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