Low Income Apartments and Affordable Housing For Rent in Bossier Parish, LA

Discover affordable housing in Bossier Parish where there are 108+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bossier Parish, Louisiana
$20.32/hour
$13.07 (+180%) more than Louisiana minimum wage and $13.07 (+180%) more than the Federal minimum wage.
Learn More About Bossier Parish, Louisiana Affordable Housing ↓

What HUD offices serve Bossier Parish, Louisiana?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Veteran Affairs Supportive Housing (VASH) programs for Bossier Parish, Louisiana.

Go to the Louisiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Bossier Parish.

How many renters live in Bossier Parish, Louisiana?

The County of Bossier Parish has 129,276 people living in 51,316 households.

There are 38,730 renters living in 17,339 renter households in this County. Renters make up 29.96 percent of the population living in Bossier Parish.

What is the rental market like in Bossier Parish, Louisiana?

There are an estimated 55,638 housing units in the Bossier Parish area. Of these, 19,189 units are rental homes, making up 34 percent of the housing market. For every renter household in Bossier Parish, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Bossier Parish?

The rental vacancy rate in Bossier Parish is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Bossier Parish for each bedroom size?

Occupied Rental Units by Size in Bossier Parish
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
386 3,752 5,314 5,937 1,328
Occupied Rental Units by Size in Bossier Parish

A large number of apartments in Bossier Parish have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Bossier Parish are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 20 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Bossier Parish

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $779 to $1,486. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $779
One BR $927
Two BR $1,073
Three BR $1,358
Four BR $1,486
2024 Fair Market Rents in Bossier Parish, Louisiana

How many units are rented at Fair Market Rent (FMR) in Bossier Parish?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 195 51 percent
One BR 2,031 54 percent
Two BR 2,786 52 percent
Rental Units Below FMR in Bossier Parish, Louisiana

How many affordable rental units are in Bossier Parish?

There are a variety of federal affordable housing programs serving households in Bossier Parish, Louisiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 418
Public Housing 435
Section 8 Project-Based Rental Assistance 383
Section 811 Supportive Housing for Persons with Disabilities 22
USDA Section 515 Rural Rental Housing 147
Tracked Units by Federal Program in Bossier Parish, Louisiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Bossier Parish, Louisiana

Bossier Parish features 3,586 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Bossier Parish, Louisiana

There are 2,775 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bossier Parish.

Housing Choice Vouchers in Bossier Parish, Louisiana

On average, Section 8 Housing Choice vouchers pay Bossier Parish landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bossier Parish.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bossier Parish, Louisiana for a two-bedroom apartment is between $966 and $1,180.

Sourced from federal housing data and AffordableHousingOnline.com research.