Average Rent in Shreveport, LA↓ Rents falling 5.2% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 389,004
Market Overview
Shreveport, LA has rental prices ranging from $767/month to $1,394/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $892/month — 36% below the national average of $1,400/month. With a median household income of $54,635/year, spending $892/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Shreveport Compares
With an average 2-bedroom rent of $1,017/month, Shreveport ranks #9 most expensive of the 47 cities tracked in Louisiana — pricier than 66% of all US cities in our data.
The Shreveport Rental Market
The Shreveport, LA area has a population of about 389,004 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Shreveport, LA have fallen by $56/month (5.2%) over the past year, from $1,073 to $1,017. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Shreveport, LA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,680. The local median household income of $54,635 exceeds that threshold by $18,955, making Shreveport relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Shreveport, LA is $149,661, giving a price-to-rent ratio of 12.3. The break-even point between renting and buying is roughly 12 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.
Neighborhoods
Home values — and by extension rent levels — vary significantly across Shreveport's neighborhoods. Among the highest-value areas are Allendale, Lakeside ($32,116 median home value), Mooretown and Hollywood Heights ($36,077 median home value), Queensborough ($39,238 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.
Fair Market Rents
HUD FY2025Is Shreveport, LA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in LAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| New Orleans | $1,071 | $1,236 | $1,478 | $1,889 | — |
| Assumption Parish | $805 | $830 | $926 | $1,298 | — |
| Baton Rouge | $1,063 | $1,081 | $1,222 | $1,528 | — |
| Lafayette | $740 | $930 | $1,052 | $1,322 | — |
| Lake Charles | $871 | $877 | $1,144 | $1,383 | — |
| Morehouse Parish | $684 | $688 | $903 | $1,188 | — |
Rent or Buy in Shreveport?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Shreveport data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $149,661 home at 7% rate
Living in Shreveport
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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