Research / Rent vs. buy / Louisiana / Shreveport

Rent or buy in Shreveport?
Renting is $89 a month cheaper.

Renting the typical home in Shreveport costs $89 less a month than owning it. Counting equity, price growth and what a renter could earn by investing the difference, buying comes out ahead in year 4.

Updated November 12, 2026 · Zillow data for September 2026 · 7.11% mortgage rate (Freddie Mac, November 12, 2026) · Rank 16 of 339 (1 = owning closest to renting) · Part of our 2026 rent vs. buy study

Monthly cost to own$1,238typical home, 20% down
Typical monthly rent$1,149Zillow, September 2026
Buying breaks evenYear 43.5% price growth
Cash needed to buy$33,455$145,457 home · 20% down + 3% closing
Income needed to own$49,505vs. $45,960 to rent · 30% rule

Where the monthly money goes.

The first-month cost of owning the typical Shreveport home, split into its parts, against the typical rent. About $93 of the first mortgage payment is principal, which you keep as equity.

The median household income in Shreveport is $48,699 (Census ACS 2020–2024). Owning the typical home would take 30% of it; renting would take 28%.

As a check with a larger rental, HUD's FY2027 Fair Market Rent for a three-bedroom home in the Shreveport-Bossier City, LA MSA area is $1,380 a month, $142 above the cost of owning.

  • Mortgage principal & interest $783
  • Property tax $81
  • Home insurance $252
  • Maintenance $121

How long you would need to stay.

Net worth of a buyer compared with a renter who invests the down payment, closing costs and any monthly savings at 6% a year. Home values and rents grow 3.5% a year; selling costs 6%.

Change the assumptions

Buying vs. renting in Shreveport, by years in the home
StayResult
3 yearsRenting ahead by $3,565
5 yearsBuying ahead by $4,850
7 yearsBuying ahead by $15,234
10 yearsBuying ahead by $35,207
15 yearsBuying ahead by $83,507
20 yearsBuying ahead by $157,460
30 yearsBuying ahead by $429,273

Rent or buy elsewhere in Louisiana.

Other large Louisiana cities in the study.

All cities
New OrleansRenting $289/mo cheaperBaton RougeRenting $489/mo cheaperMetairieRenting $920/mo cheaperLafayetteRenting $427/mo cheaper

More on Shreveport

See the full Shreveport rental market profile with Census medians, or check how a typical rental performs for an investor in our cash-flow ranking.

How we calculated this

Price is the Zillow Home Value Index and rent the Zillow Observed Rent Index for Shreveport. The cost of owning includes principal and interest at 7.11% with 20% down, property tax at the city's 0.67% effective rate (Census ACS), the Louisiana average homeowners premium (NAIC 2023) and 1% yearly maintenance. It leaves out income-tax effects, HOA dues and utilities. The typical rental may be smaller than the typical home for sale. Full methodology. This is a citywide estimate, not advice about a specific home.