The 10 Cheapest Shreveport, LA Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in Shreveport are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in Shreveport.
Cheapest Neighborhoods In Shreveport
Source: Public domain

Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Shreveport might be more expensive than living in rural Louisiana, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Shreveport neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Shreveport are the cheapest.

What’s the cheapest neighborhood to live in Shreveport for 2019? According to the most recent census data, Downtown Riverfront looks to be the cheaptest Shreveport neighborhood to live in.

At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Shreveport. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Shreveport that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Shreveport.

Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Louisiana reading, check out:

How We Determined The Cheapest Shreveport Hoods In 2019

In order to rank the cheapest places to live in Shreveport, we had to determine what criteria defines ‘cheap’.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 18 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the ‘Cheapest City Neighborhood In Shreveport.’ We’re lookin’ at you, Downtown Riverfront.

Read on below to learn more about what it’s like to live in the cheapest places Shreveport. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 10 Cheapest Neighborhoods To Live In Shreveport For 2019

Overall SnackAbility

3
/10

Population: 355
Cost Of Living Index: 73 (1st cheapest)
Home Value To Income Ratio: 1.0 (1st cheapest)
Rent To Income Ratio: 0.022 (11th cheapest)
More on Downtown Riverfront: Homes For Sale | Data

The median income in Downtown Riverfront comes in at $25,548 and the median home value is $24,600 for 2019.

Overall SnackAbility

3
/10

Population: 6,769
Cost Of Living Index: 76 (4th cheapest)
Home Value To Income Ratio: 2.3 (7th cheapest)
Rent To Income Ratio: 0.017 (8th cheapest)
More on Mooretown And Hollywood Heights: Homes For Sale | Data

The median income in Mooretown And Hollywood Heights comes in at $24,660 and the median home value is $56,738 for 2019.

Overall SnackAbility

3
/10

Population: 8,792
Cost Of Living Index: 77 (5th cheapest)
Home Value To Income Ratio: 2.0 (4th cheapest)
Rent To Income Ratio: 0.024 (13th cheapest)
More on Queensborough: Homes For Sale | Data

The median income in Queensborough comes in at $24,550 and the median home value is $49,793 for 2019.

Overall SnackAbility

3
/10

Population: 14,309
Cost Of Living Index: 79 (6th cheapest)
Home Value To Income Ratio: 1.8 (2nd cheapest)
Rent To Income Ratio: 0.025 (15th cheapest)
More on Ceder Grove-Lynbrook: Homes For Sale | Data

The median income in Ceder Grove-Lynbrook comes in at $31,012 and the median home value is $55,400 for 2019.

Overall SnackAbility

3
/10

Population: 6,860
Cost Of Living Index: 75 (2nd cheapest)
Home Value To Income Ratio: 2.0 (3rd cheapest)
Rent To Income Ratio: 0.028 (18th cheapest)
More on Allendale-Lakeside: Homes For Sale | Data

The median income in Allendale-Lakeside comes in at $19,668 and the median home value is $38,892 for 2019.

Overall SnackAbility

4
/10

Population: 4,562
Cost Of Living Index: 81 (8th cheapest)
Home Value To Income Ratio: 2.2 (6th cheapest)
Rent To Income Ratio: 0.019 (10th cheapest)
More on Freestate-North Highlands: Homes For Sale | Data

The median income in Freestate-North Highlands comes in at $37,236 and the median home value is $82,671 for 2019.

Overall SnackAbility

8
/10

Population: 17,375
Cost Of Living Index: 85 (12th cheapest)
Home Value To Income Ratio: 2.6 (13th cheapest)
Rent To Income Ratio: 0.012 (3rd cheapest)
More on Hyde Park Brookwood-Southern Hills: Homes For Sale | Data

The median income in Hyde Park Brookwood-Southern Hills comes in at $46,846 and the median home value is $123,400 for 2019.

Overall SnackAbility

6
/10

Population: 13,251
Cost Of Living Index: 87 (14th cheapest)
Home Value To Income Ratio: 2.6 (12th cheapest)
Rent To Income Ratio: 0.011 (2nd cheapest)
More on Caddo Heights-South Highlands: Homes For Sale | Data

The median income in Caddo Heights-South Highlands comes in at $55,739 and the median home value is $142,677 for 2019.

Overall SnackAbility

6
/10

Population: 8,608
Cost Of Living Index: 85 (12th cheapest)
Home Value To Income Ratio: 2.5 (9th cheapest)
Rent To Income Ratio: 0.017 (7th cheapest)
More on Airport-Pines Road: Homes For Sale | Data

The median income in Airport-Pines Road comes in at $45,494 and the median home value is $111,900 for 2019.

Overall SnackAbility

3
/10

Population: 7,724
Cost Of Living Index: 76 (4th cheapest)
Home Value To Income Ratio: 2.5 (11th cheapest)
Rent To Income Ratio: 0.024 (14th cheapest)
More on Martin Luther King: Homes For Sale | Data

The median income in Martin Luther King comes in at $20,545 and the median home value is $51,922 for 2019.

Summing Up The Cheapest Places In Shreveport

If you’re measuring the neighborhoods in Shreveport where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Shreveport aren’t all cheap. Springlake-University Terrace takes the title of the most expensive neighborhood to live in Shreveport.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Louisiana reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Shreveport For 2019

Rank Neighborhood Cost Of Living Index
1 Downtown Riverfront 73
2 Mooretown And Hollywood Heights 76
3 Queensborough 77
4 Ceder Grove-Lynbrook 79
5 Allendale-Lakeside 75
6 Freestate-North Highlands 81
7 Hyde Park Brookwood-Southern Hills 85
8 Caddo Heights-South Highlands 87
9 Airport-Pines Road 85
10 Martin Luther King 76
11 Western Hills And Yarborough 87
12 Sunset Arcre-Garden Valley-Morningside 81
13 Broadmoor-Anderson Island-Shreve Isle 89
14 Ellerbe Woods 104
15 Highland-Stoner Hill 82
16 Jenkins-Pinecroft 88
17 Country Club Hills-Lakeshore Shopping 81
18 Springlake-University Terrace 99

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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