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RentData.org Logo Shreveport-Bossier City Fair Market Rent FY 2014 Shreveport-Bossier City, LA MSA Rental Data

Fair Market Rent Prices in Shreveport-Bossier City, LA :
$543 $609 $757 $943 $1,032
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Shreveport-Bossier City are high compared to the national average. This FMR area is more expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Shreveport-Bossier City is $757 per month.

The previous year, rent for a two-bedroom home was $785 per month. This is a 3.57% decrease year-over-year.

This FMR rate applies to Cotton Valley, LA, Elm Grove, LA, Sarepta, LA, Barksdale Afb, LA, Princeton, LA, Plain Dealing, LA, Doyline, LA, Springhill, LA, Benton, LA, Haughton, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO43340M43340.

Additionally, This Fair Market Rent (FMR) area Shreveport-Bossier City, LA MSA spans one county or city in Louisiana which is listed in the table below. Estimated population of Shreveport-Bossier City, LA MSA FMR area is 116,979 people based on latest Census data.

Compared to the rest of Louisiana, the Shreveport-Bossier City FMR area is more expensive than 81% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Shreveport-Bossier City. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Shreveport-Bossier City

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 579
1-BR 1-Bedroom $ 649
2-BR 2-Bedroom $ 807
3-BR 3-Bedroom $ 1005
4-BR 4-Bedroom $ 1100
Change Year:

There is just one county (listed below) within the Shreveport-Bossier City, LA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Shreveport.

County / Region Est. Population
Shreveport-Bossier City, LA Metro 116,979
Zip Codes in Shreveport-Bossier City, LA MSA

There are 22 unique zip codes in this Fair Market Rent (FMR) area:

71006, 71018, 71023, 71037, 71051, 71064, 71067, 71071, 71075, 71101, 71104, 71105, 71106, 71107, 71110, 71111, 71112, 71113, 71115, 71137, 71171 and 71172

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