Shreveport, LA
Caddo County · Pop. 183,820
Ranked #15 of 243 cities
58Moderate
Median Home Price
🏠$150K
1.5% YoY
Median Rent
🔑$850
1.0% YoY
Median Income
💰$35K
Rent Burden
📊31.5%
% of income to rent
Income to Buy
🏦$43K
annual income needed
Income to Rent
📝$34K
annual income needed
Price-to-Income
⚖️4.3x
Homeownership
🏡52.0%
Rent vs. Buy
Buy
$798/mo
Est. mortgage (7%, 20% down)
Need $43K/yr income
Rent
$850/mo
Median rent
Need $34K/yr income
How Shreveport Compares
| Metric | Shreveport | Louisiana | National |
|---|---|---|---|
| Home Price | $150K | $216K | $410K |
| Rent | $850 | $1,020 | $1,500 |
| Income | $35K | $58K | $75K |
| Rent Burden | 31.5% | 31.5% | 30.0% |
Key Takeaways
- • Home prices in Shreveport are 63% lower than the national average.
- • Rent is 43% lower than the national average.
- • You need an income of $43K to comfortably buy a home here.
- • The homeownership rate is 52.0%, compared to 65.0% nationally.