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FY2017 Hypothetical Small Area FMRs For Caddo Parish, LA

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Caddo Parish is part of the Shreveport-Bossier City, LA MSA.

Caddo Parish, LA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
71004 $520 $640 $740 $930 $1,040 0.880
71007 $580 $720 $830 $1,050 $1,170 0.992
71029 $580 $720 $830 $1,050 $1,170 0.992
71033 $490 $610 $700 $880 $990 0.838
71043 $430 $540 $620 $780 $870 0.741
71044 $580 $720 $830 $1,050 $1,170 0.992
71046 $500 $620 $710 $890 $1,000 0.844
71047 $560 $690 $800 $1,010 $1,130 0.951
71060 $570 $700 $810 $1,020 $1,140 0.970
71061 $420 $520 $600 $760 $840 0.709
71069 $490 $610 $700 $880 $990 0.832
71082 $450 $550 $640 $810 $900 0.764
71101 $460 $570 $660 $830 $930 0.786
71103 $540 $670 $770 $970 $1,080 0.917
71104 $630 $780 $900 $1,130 $1,270 1.077
71105 $740 $920 $1,060 $1,340 $1,490 1.261
71106 $580 $720 $830 $1,050 $1,170 0.991
71107 $530 $660 $760 $960 $1,070 0.913
71108 $600 $740 $850 $1,070 $1,200 1.011
71109 $550 $680 $780 $980 $1,100 0.929
71115 $620 $760 $880 $1,110 $1,240 1.052
71118 $610 $750 $870 $1,100 $1,230 1.041
71119 $620 $760 $880 $1,110 $1,240 1.055
71129 $600 $740 $850 $1,070 $1,200 1.018
71133 $580 $720 $830 $1,050 $1,170 0.992
71134 $580 $720 $830 $1,050 $1,170 0.992
71135 $580 $720 $830 $1,050 $1,170 0.992
71136 $580 $720 $830 $1,050 $1,170 0.992
71138 $580 $720 $830 $1,050 $1,170 0.992
71148 $580 $720 $830 $1,050 $1,170 0.992
71149 $580 $720 $830 $1,050 $1,170 0.992
71161 $580 $720 $830 $1,050 $1,170 0.992
71162 $580 $720 $830 $1,050 $1,170 0.992
71163 $580 $720 $830 $1,050 $1,170 0.992
71164 $580 $720 $830 $1,050 $1,170 0.992
71165 $580 $720 $830 $1,050 $1,170 0.992
71166 $580 $720 $830 $1,050 $1,170 0.992

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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