FY2027 Small Area FMR · Elm Grove, LA

ZIP 71051 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71051 (Elm Grove, LA) is $1,250 a month, down 9.4% from FY2026. That is 20% above the Shreveport-Bossier City, LA area-wide FMR of $1,045.

2-bedroom SAFMR$1,250per month ▼ 9.4%

Area-wide 2 BR FMR$1,045Shreveport-Bossier City, LA

Rank in the area5thof 64 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,125

2 BR Small Area FMR$1,250

110% of SAFMR$1,375

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$940▼ 9.6%

1 BR$1,090▼ 9.9%

2 BR$1,250▼ 9.4%

3 BR$1,620▼ 9.5%

4 BR$1,710▼ 9.5%

FY2027 FY2026

Where 71051 sits in the Shreveport-Bossier City, LA area

Of the 64 ZIP codes HUD lists for the area, 71051 has the 5th highest two-bedroom Small Area FMR. Shreveport-Bossier City, LA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,045 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,250 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$940	$846 – $1,034	$832	$1,040
1 bedroom	$1,090	$981 – $1,199	$926	$1,210
2 bedrooms	$1,250	$1,125 – $1,375	$1,045	$1,380
3 bedrooms	$1,620	$1,458 – $1,782	$1,380	$1,790
4 bedrooms	$1,710	$1,539 – $1,881	$1,450	$1,890

A household renting a two-bedroom home at the Small Area FMR of $1,250 needs about $50,000 a year to keep housing costs at 30% of income. The area median family income is $79,200 and the 80% low-income limit for four people is $63,350. ZIP code 71051 lies mainly in Bossier Parish and Caddo Parish. See the Shreveport-Bossier City, LA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
71115	Shreveport	6.9 mi	$1,060
71027	Frierson	10.5 mi	$1,090
71068	Ringgold	10.6 mi	$890
71037	Haughton	10.8 mi	$1,260
71023	Doyline	11.5 mi	$1,340
71112	Bossier City	12.4 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 71051?

HUD's FY2027 Small Area Fair Market Rents for 71051 are $940 (studio), $1,090 (1 BR), $1,250 (2 BR), $1,620 (3 BR) and $1,710 (4 BR) a month.

What is the Section 8 payment standard in 71051?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71051 that range is $1,125 to $1,375 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71051?

The FY2026 income limits of the Shreveport-Bossier City, LA area apply: median family income $79,200, low-income (80%) limit $63,350 for a family of four.