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Shreveport city, LA

ZIP 71118 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 71118

Median Home Value
$168,600
Median Rent
$848
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,083/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 71118 in Shreveport city, LA, a household would need roughly $46,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,083. That sits below the local median household income ($56,952), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
60.7%-7% vs US avg
x
Vacancy Rate
9.6%-7% vs US avg
x
Broadband Access
90.0%+3% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
29.6%-40% vs US avg
x
Mortgage-Free
28.2%-26% vs US avg
x
$168,600
Home Value
$848
Rent
1977
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached68.5%
  • 1-unit attached1.2%
  • 2-9 units17.9%
  • 10+ units10.5%
  • Mobile home & other1.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$168,600
Median rent$848
Owner-occupied60.7%
Vacant9.6%
Price-to-income3.0x
Est. income to buy$46,000