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Shreveport, LA Rent Affordability Calculator

The median rent in the Shreveport, LA area is $1,014 a month including utilities, which takes 22% of the median household income ($55,925). Paying it on 30% of income needs about $40,560 a year.

On $56,000 a year, 30% of income is $1,400 a month for rent. A $1,010 rent takes 21.6% of gross income; many landlords want income of 40 times the rent, $40,400.

Rent you can afford
$1,400 a month
That rent takes
21.6% of income
Income a landlord may ask for (40× rent)
$40,400

Rent you can afford in Shreveport, LA by income (30% rule)

IncomeAffordable rentAgainst the median rent
$40,000$1,000−1.4%
$60,000$1,50047.9%
$80,000$2,00097.2%
$100,000$2,500146.5%
$150,000$3,750269.8%

How this calculator works

Median gross rent and median household income for the Shreveport-Bossier City, LA metropolitan area, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. Affordable rent is 30% of gross monthly income.

What it assumes

  • Medians across all rentals, of every size and age; new listings usually ask more.

Questions people ask

What is the average rent in Shreveport, LA?

The median gross rent is $1,014 a month, including utilities (Census American Community Survey 2020–2024 5-year estimates).

What salary do I need to live in Shreveport, LA?

To rent at the median on 30% of income, about $40,560 a year; many landlords ask for 40 times the rent, $40,560.

Is rent affordable in Shreveport, LA?

The median rent takes 22% of the median household income there, within the 30% guideline.

How does the cost of living in Shreveport, LA compare?

Overall prices are 15.2% below the US average, and housing 47.7% below (BEA, 2024).

Nearby and large metro areas

Related calculators

  • Rent Affordability CalculatorThe rent your income supports under the 30% guideline, what a given rent takes of your pay, and the income landlords often ask for, with median rents in large metro areas.
  • Shreveport, LA Cost of Living CalculatorPrices in the Shreveport, LA area are 15.2% below the US average, and housing 47.7% below (BEA, 2024). Compare a salary here with anywhere else.
  • Rent vs Buy CalculatorWhether buying or renting leaves you better off after the years you plan to stay, counting mortgage interest, tax, upkeep, selling costs and what a renter earns investing the down payment.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.