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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

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,045/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Caddo Parish FMR$1,045$41,800–
Louisiana average$1,161$46,433–
U.S. average$1,761$70,432–
Caddo Parish Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitCaddo Parish FY 2027FY 2026ChangeLouisiana avgU.S. avgIncome 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

FY 2027 Small Area Fair Market Rents, ZIP codes in Caddo Parish
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR 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

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.

All Louisiana parishes · How HUD sets these rents