Cheapest Neighborhoods in Shreveport, LA
Some of the cheapest neighborhoods in Shreveport are The Residence, Martin Luther King Dr Area, and Freestate-North Highlands. These neighborhoods offer some of the lowest rent prices in Shreveport, making them ideal for renters on a budget. As of July 30, 2026, the average rent in Shreveport is $938, which is 5.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
The Residence
Average Rent
$734/Month
Units Available
50 Rentals
When you’re looking for a great Shreveport neighborhood on a budget, check out The Residence. The average rent is $734, compared to the city average of $938.
Martin Luther King Dr Area
Average Rent
$740/Month
Year-Over-Year Rent Change
0.5%
Units Available
10 Rentals
Martin Luther King Dr Area is an affordable neighborhood in Shreveport with an average rent price of $740. Compare this to the city average of $938. In the past year, rent prices have increased by 0.5%. Martin Luther King Dr Area provides easy access to Sci-Port Discovery Center, Shreveport Regional, and Bossier Parish Comm. Coll..
Freestate-North Highlands
Average Rent
$757/Month
Year-Over-Year Rent Change
3.1%
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Shreveport, Freestate-North Highlands might be the perfect place! It has an average rent price of $757, while the city’s average stands at $938. In the last year, prices have increased by 3.1%. Freestate-North Highlands is near Bossier Parish Comm. Coll., Louisiana's Science Center, and Red River Bicycle Trail.
The Haven
Average Rent
$763/Month
Units Available
12 Rentals
The Haven is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Haven is $763 while the city average is $938.
Jackson Square
Average Rent
$763/Month
Units Available
12 Rentals
When you’re looking for a great Shreveport neighborhood on a budget, check out Jackson Square. The average rent is $763, compared to the city average of $938.
Western Hills and Yarborough
Average Rent
$818/Month
Year-Over-Year Rent Change
1.8%
Units Available
30 Rentals
Western Hills and Yarborough, tranquil, residential neighborhoods, offer spacious homes and access to local parks and schools. Their suburban feel and easy access to shopping and dining along Pines Road make them perfect spots for families seeking a peaceful retreat.
South Broadmoor
Average Rent
$826/Month
Units Available
13 Rentals
South Broadmoor is an affordable neighborhood in Shreveport with an average rent price of $826. Compare this to the city average of $938.
Airport/Pines Road
Average Rent
$836/Month
Year-Over-Year Rent Change
5.5%
Units Available
40 Rentals
Airport/Pines Road, a convenient neighborhood, offers a mix of residential and commercial spaces, with easy access to Shreveport Regional Airport. Its proximity to shopping, dining, and local schools make it a perfect spot for those seeking a suburban lifestyle with easy travel access.
Willow Ridge
Average Rent
$854/Month
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Shreveport, Willow Ridge might be the perfect place! It has an average rent price of $854, while the city’s average stands at $938.
Stone Lakes
Average Rent
$866/Month
Units Available
17 Rentals
Stone Lakes is a top choice for budget-conscious renters for a variety of reasons. The average rent in Stone Lakes is $866 while the city average is $938.
Ready to make your move to Shreveport? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.