FY2027 Small Area FMR · Shreveport, LA

ZIP 71115 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 71115 (Shreveport, LA) is $1,060 a month, down 7.8% from FY2026. That is 1% above the Shreveport-Bossier City, LA area-wide FMR of $1,045.

2-bedroom SAFMR$1,060per month ▼ 7.8%

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

Rank in the area21stof 64 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$840▼ 6.7%

1 BR$940▼ 7.8%

2 BR$1,060▼ 7.8%

3 BR$1,400▼ 7.3%

4 BR$1,470▼ 8.7%

FY2027 FY2026

Where 71115 sits in the Shreveport-Bossier City, LA area

Of the 64 ZIP codes HUD lists for the area, 71115 has the 21st 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 $1,060 for this ZIP code instead.

ZIP code 71115 crosses more than one HUD area. HUD also lists it under Red River Parish, LA (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$840	$756 – $924	$832	$900
1 bedroom	$940	$846 – $1,034	$926	$1,020
2 bedrooms	$1,060	$954 – $1,166	$1,045	$1,150
3 bedrooms	$1,400	$1,260 – $1,540	$1,380	$1,510
4 bedrooms	$1,470	$1,323 – $1,617	$1,450	$1,610

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 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 71115 lies mainly in Caddo Parish and Red River 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
71027	Frierson	3.7 mi	$1,090
71051	Elm Grove	6.9 mi	$1,250
71078	Stonewall	11.8 mi	$1,070
71106	Shreveport	12.2 mi	$1,000
71112	Bossier City	12.9 mi	$1,200
71030	Gloster	13.0 mi	$1,080

Questions

What is the Fair Market Rent for ZIP code 71115?

HUD's FY2027 Small Area Fair Market Rents for 71115 are $840 (studio), $940 (1 BR), $1,060 (2 BR), $1,400 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 71115?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 71115 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 71115?

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.