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City · 6,526 residents · Bossier Parish, Louisiana

Red Chute , Louisiana

In Red Chute, a typical home is worth $219,100 and typical rent is $2,095 a month. Compared with all of Bossier Parish, typical rent is 78% higher, typical household income is 24% higher, and the share of households that own their home is 22 points higher.

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  • Typical home value

    $219,100

    4% below the parish

    About the same as Louisiana

    • Red Chute
    • Bossier
    • Louisiana

  • Typical rent

    $2,095a month

    78% above the parish

    97% above Louisiana

    • Red Chute
    • Bossier
    • Louisiana

  • Typical household income

    $86,124a year

    24% above the parish

    42% above Louisiana

    • Red Chute
    • Bossier
    • Louisiana

  • Households that own their home

    87%

    22 points above the parish

    20 points above Louisiana

    • Red Chute
    • Bossier
    • Louisiana

Source: U.S. Census Bureau, Average 2020–2024

Red Chute is in Bossier Parish. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Bossier Parish. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Red Chute apart

What this place has that others do not, from public data, most unusual first.

  1. Red Chute has the highest typical rent of the 92 cities in Louisiana with more than 5,000 people: $2,095.

  2. Red Chute has the largest share of rent-burdened renters of the 83 cities in Louisiana with more than 5,000 people: 82%.

  3. Nearby, in Grambling, the typical rent is $709: 66% less than in Red Chute ($2,095).

  4. 87% of households in Red Chute own their home, against 65% in Bossier Parish.

  5. Nearby, in Minden, the typical home value is $130,200: 41% less than in Red Chute ($219,100).

  6. The typical household income in Red Chute is $86,124, 24% more than in Bossier Parish as a whole ($69,617).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Red Chute

What homes there are in Red Chute, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 79% of homes here, against 66% in Bossier Parish.

There are more mobile homes here than in Bossier Parish: 20% of homes, against 13%.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

At least 100% of owner-occupied homes in Red Chute are worth less than $500,000, below the FHA loan limit for Bossier Parish ($541,287).

Monthly rent with utilities

With a mortgage

$1,611 a month

Bossier Parish: $1,639 a month

Without a mortgage

$489 a month

Bossier Parish: $431 a month

Owners with a mortgage

62%

Bossier Parish: 61%

The typical cost for an owner with a mortgage in Red Chute is $1,611 a month, near the figure in Bossier Parish ($1,639).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Red Chute rose 35% since 2015–2019, about the same as in Bossier Parish (32%).

Rents in Red Chute rose faster than in Bossier Parish: 98% since 2015–2019, against 18%.

To compare: typical income in Red Chute rose 66%; the home, +35%; the rent, +98%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureRed ChuteBossier ParishLouisianaUnited States
Rental vacancy Unreliable estimate7.8%7.8%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.3%0.9%
More than one person per room Unreliable estimate2.2%2.3%3.4%
People per household 2.562.502.492.53
Drive alone 80%83%79%69%
Carpool 10%7%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home Unreliable estimate8%8%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

By size, households in Red Chute look like those in Bossier Parish: 2.56 people on average.

More people carpool to work in Red Chute than in Bossier Parish: 10% against 7%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Red Chute?

A typical home is within reach of the typical income

We start with a typical home in Red Chute, worth $219,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 24% of the typical household income in Red Chute, which is $86,124 a year.

The calculator's FHA and conventional loan limits are those of all of Bossier Parish.

Your numbers

Local data
$

Starts at the typical home value in Red Chute. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,669 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,730

at 7.18% · 30 years

Loan amount
$215,131
Total interest
$309,523
Paid off in
November 2056

Includes $3,700 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,010 a month

    Your payment · 24%

  • Tight

    $2,010 to $2,584 a month

  • Hard

    more than $2,584 a month

Compared with the typical household income in Red Chute ($86,124 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,730
Principal & interest$1,457
Property tax$84
Home insurance$91
FHA mortgage insurance (MIP)$97

You need at least $7,669 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Red Chute and Bossier Parish

Red Chute is in Bossier Parish, Louisiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Red Chute's own numbers

Typical home value
$219,100
Typical monthly rent
$2,095
Typical yearly household income
$86,124
Households that own their home
87%
Effective property tax rate
0.46%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Bossier Parish

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,045
Price change over 5 years (FHFA)
+29%
Homes in a high flood-risk zone
15%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Bossier Parish.

Everything about Bossier Parish

Buying

Buying a home in Red Chute

A typical home in Red Chute is worth $219,100: 4% below the parish and about the same as Louisiana. With the typical household income in Red Chute ($86,124 a year), a typical home costs 2.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Red Chute 2.5 years
  • Bossier 3.3 years
  • Louisiana 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Bossier Parish

According to FHFA’s house price index, home prices in Bossier Parish rose 39% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Bossier Parish.

Period Parish Louisiana U.S.
Last year (2025) +1.4% +1.8% +2.9%
5 years (2020–2025) +29% +22% +47%
10 years (2015–2025) +39% +38% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Red Chute next to Bossier Parish, Louisiana and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Red Chute $219,100
  • Bossier $227,200
  • Louisiana $216,500
  • United States $332,700
Typical monthly rent
  • Red Chute $2,095
  • Bossier $1,174
  • Louisiana $1,064
  • United States $1,413
Typical yearly household income
  • Red Chute $86,124
  • Bossier $69,617
  • Louisiana $60,756
  • United States $80,734
See the full table
Red Chute next to Bossier Parish and Louisiana
Measure Red Chute Bossier Parish Louisiana U.S.
Typical home value $219,100 $227,200 $216,500 $332,700
Typical monthly rent $2,095 $1,174 $1,064 $1,413
Typical yearly household income $86,124 $69,617 $60,756 $80,734
Households that own their home 87% 65% 67% 65%
Typical yearly property tax $1,008 $1,445 $1,180 $3,119
Effective property tax rate 0.46% 0.64% 0.55% 0.94%
Renters with high rent for their income 82% 52% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Bossier Parish. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Red Chute

For a typical $219,100 home in Red Chute, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Red Chute's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,730a month

    Least cash to close
    Down payment
    $7,669
    Cash to close
    $14,242
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $97

  • Conventional, 5% down $1,689a month

    Down payment
    $10,955
    Cash to close
    $17,528
    Rate
    7.18%
    Mortgage insurance
    PMI · $104

  • Conventional, 20% down, no PMI $1,363a month

    Down payment
    $43,820
    Cash to close
    $50,393
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,565a month

    Down payment
    $32,865
    Cash to close
    $39,438
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Red Chute and for Bossier Parish.

Property tax

Effective rate in Red Chute

0.46%of the home’s value each year

$1,008 a year for the typical owner in Red Chute.

  • Red Chute 0.46%
  • Bossier 0.64%
  • Louisiana 0.55%

What Louisiana publishes Homestead exemption: $7,500 of assessed value (Louisiana State Legislature (Louisiana Constitution))

Exemptions and deadlines in Louisiana

Flood risk in Bossier Parish

FEMA does not publish these numbers by city: they are for all of Bossier Parish.

Homes in the high-risk zone
15%
6,770
Of those, with NFIP insurance
48%
Parish Louisiana U.S.
Homes in the high-risk zone 15% 15% 3.5%
Of those, with NFIP insurance 48% 73% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Red Chute

Typical rent in Red Chute is $2,095 a month: 78% above the parish. In Red Chute, 82% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Bossier Parish, by unit size. To pay the 2-bedroom one ($1,045 a month) without spending more than 30% of your income, you would need to earn $20.10 an hour working full time.

HUD fair market rent for all of Bossier Parish

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $832 $16.00 $33,280
1 bedroom $926 $17.81 $37,040
2 bedrooms $1,045 $20.10 $41,800
3 bedrooms $1,380 $26.54 $55,200
4 bedrooms $1,450 $27.88 $58,000

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Red Chute

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Red Chute is in ZIP code 71037.

For 2 bedrooms it is $1,260: $215 more than the fair market rent for Bossier Parish ($1,045).

  • 71037 $1,260$1,660

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Red Chute when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Red Chute

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Bossier Parish. The nearest ones are below; many serve by phone or online.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Red Chute

No down payment, repair or rent-help program on our list is for Red Chute or Bossier Parish. The ones below are statewide in Louisiana: they work in Red Chute the same as in the rest of the state.

Which programs do I qualify for? All programs in Louisiana

  • HomeStart Assist

    Statewide in Louisiana

    Louisiana state corporation 30-year mortgage for first-time buyers with 4% of the loan in assistance, as a 0% second mortgage forgiven after 60 months. Offered by Louisiana Housing Corporation (LHC).

    Forgivable

    See the program Official page

  • HomeStart Advantage

    Statewide in Louisiana

    Louisiana state corporation 30-year mortgage with 4% of the loan in assistance, as a 0% second mortgage forgiven after 60 months; you do not need to be a first-time buyer, but you cannot own another home at closing. Offered by Louisiana Housing Corporation (LHC).

    Forgivable

    See the program Official page

Housing counselors near Red Chute

The HUD-approved agencies closest to the center of Red Chute, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • The Highland Center Corporation

    520 Olive St, Shreveport · 9 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 4 more
    (318) 673-8440

  • Catholic Charities of North Louisiana

    902 Olive St, Shreveport · 10 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (318) 865-0200

  • Mount Pleasant Community Development Corp. Inc

    105 Bernice Drive, Monroe · 87 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (318) 323-3632

All counseling agencies in Louisiana

Help in Spanish near Red Chute

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Red Chute

HUD’s record names them for Red Chute or Bossier Parish. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Bossier Parish Section 8 Housing Authority Section 8 vouchers (318) 747-7823

One other authority has an office in Bossier Parish: see the list Source: HUD

Cities

Other cities in Bossier Parish

These cities are also in Bossier Parish. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Bossier Parish Housing in Louisiana

Nearby cities

The cities closest to Red Chute, with the typical home value.

Neighboring counties

If Bossier Parish is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Red Chute.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Red Chute

Short answers with the numbers for Red Chute and all of Bossier Parish. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Red Chute?

The typical home value in Red Chute is $219,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Bossier Parish it is $227,200.

How much does it cost to rent in Red Chute?

Typical rent in Red Chute is $2,095 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Bossier Parish is $1,045.

What is the FHA loan limit in Red Chute?

Red Chute uses the FHA limit for all of Bossier Parish (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Red Chute?

The typical homeowner in Red Chute pays $1,008 a year, according to the U.S. Census Bureau. That is 0.46% of the home’s value; in Bossier Parish, the rate is 0.64%.

Where can I find free help to buy or rent in Red Chute?

We found no HUD-approved counseling agencies with an office in Bossier Parish; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).