Louisiana · FIPS 22017 · HUD FY 2027
Caddo Parish, Louisiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Caddo Parish is $1,045 a month (rent plus utilities), 10% below the Louisiana average of $1,161 and 41% below the U.S. average of $1,761. That is down $66 (5.9%) from FY 2026. At 30% of income, a household needs about $41,800 a year to afford it.
- $1,0452-bedroom FMR−$66 (−5.9%) vs FY 2026
- $9261-bedroom FMRLouisiana: $973 · U.S.: $1,478
- $41,800Income for a 2-bedroom$20/hour full-time
- 25 of 642BR rank in Louisiana1 = highest rent
| Unit | Caddo Parish FY 2027 | FY 2026 | Change | Louisiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $832 | $870 | −$38 (−4.4%) | $895 | $1,379 | $33,280 |
| 1 bedroom | $926 | $982 | −$56 (−5.7%) | $973 | $1,478 | $37,040 |
| 2 bedrooms | $1,045 | $1,111 | −$66 (−5.9%) | $1,161 | $1,761 | $41,800 |
| 3 bedrooms | $1,380 | $1,458 | −$78 (−5.3%) | $1,485 | $2,266 | $55,200 |
| 4 bedrooms | $1,450 | $1,552 | −$102 (−6.6%) | $1,723 | $2,607 | $58,000 |
How Caddo Parish compares
- HUD sets this rent for the Shreveport-Bossier City, LA metro FMR area, which covers 386,819 residents in 3 counties.
- Across Louisiana, 2-bedroom FMRs run from $892 (Winn Parish) to $1,480 (Jefferson Parish).
- Studio to 4-bedroom: $832, $926, $1,045, $1,380, $1,450. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 24 ZIP codes mostly in Caddo Parish (by land area), the 2-bedroom figure ranges from $1,000 to $1,300.
Small Area FMRs by ZIP code in Caddo Parish
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 71004 | $880 | $980 | $1,110 | $1,470 | $1,540 | −$90 (−7.5%) | 6% above |
| 71007 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$30 (+3.1%) | 4% below |
| 71009 | $790 | $890 | $1,000 | $1,320 | $1,400 | −$60 (−5.7%) | 4% below |
| 71029 | $800 | $890 | $1,010 | $1,340 | $1,400 | −$20 (−1.9%) | 3% below |
| 71033 | $790 | $890 | $1,000 | $1,320 | $1,400 | −$40 (−3.8%) | 4% below |
| 71043 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$80 (+8.7%) | 4% below |
| 71044 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$80 (+8.7%) | 4% below |
| 71047 | $790 | $890 | $1,000 | $1,320 | $1,400 | −$30 (−2.9%) | 4% below |
| 71060 | $930 | $1,040 | $1,170 | $1,550 | $1,620 | −$50 (−4.1%) | 12% above |
| 71061 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$50 (+5.3%) | 4% below |
| 71069 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$80 (+8.7%) | 4% below |
| 71082 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$80 (+8.7%) | 4% below |
| 71101 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$80 (+8.7%) | 4% below |
| 71103 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$10 (+1.0%) | 4% below |
| 71104 | $880 | $970 | $1,100 | $1,450 | $1,530 | −$60 (−5.2%) | 5% above |
| 71105 | $1,040 | $1,150 | $1,300 | $1,720 | $1,800 | −$60 (−4.4%) | 24% above |
| 71106 | $790 | $890 | $1,000 | $1,320 | $1,400 | +$30 (+3.1%) | 4% below |
| 71107 | $790 | $890 | $1,000 | $1,320 | $1,400 | −$60 (−5.7%) | 4% below |
| 71108 | $880 | $970 | $1,100 | $1,450 | $1,530 | −$60 (−5.2%) | 5% above |
| 71109 | $790 | $890 | $1,000 | $1,320 | $1,400 | −$20 (−2.0%) | 4% below |
| 71115 | $840 | $940 | $1,060 | $1,400 | $1,470 | −$90 (−7.8%) | 1% above |
| 71118 | $830 | $920 | $1,040 | $1,370 | $1,440 | −$70 (−6.3%) | about the same as |
| 71119 | $880 | $970 | $1,100 | $1,450 | $1,530 | −$50 (−4.3%) | 5% above |
| 71129 | $790 | $890 | $1,000 | $1,320 | $1,400 | −$20 (−2.0%) | 4% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.