Everything else equal, 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.
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 determine which neighborhoods in Shreveport are the cheapest using Saturday Night Science.
The Cheapest Neighborhoods In Shreveport For 2024
What’s the cheapest neighborhood to live in Shreveport for 2024? According to the most recent census data, Queensborough looks to be the cheapest 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 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.
For more Louisiana reading, check out:
- Best Places To Live In Louisiana
- Cheapest Places To Live In Louisiana
- Cheapest Cities To Live In America
- Cheapest States To Live In America
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Cheapest Neighborhoods To Live In Shreveport For 2024
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Population: 6,589
Cost Of Living Index: 79 (5th cheapest)
Home Value To Income Ratio: 2.1 (3rd cheapest)
Rent To Income Ratio: 0.024 (11th cheapest)
More on Queensborough: Data | Real Estate
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Population: 6,860
Cost Of Living Index: 77 (2nd cheapest)
Home Value To Income Ratio: 2.0 (2nd cheapest)
Rent To Income Ratio: 0.028 (16th cheapest)
More on Allendale-Lakeside: Data | Real Estate
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Population: 14,309
Cost Of Living Index: 81 (6th cheapest)
Home Value To Income Ratio: 1.8 (cheapest)
Rent To Income Ratio: 0.025 (13th cheapest)
More on Ceder Grove-Lynbrook: Data | Real Estate
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Population: 4,562
Cost Of Living Index: 84 (10th cheapest)
Home Value To Income Ratio: 2.2 (5th cheapest)
Rent To Income Ratio: 0.019 (9th cheapest)
More on Freestate-North Highlands: Data | Real Estate
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Population: 7,724
Cost Of Living Index: 78 (4th cheapest)
Home Value To Income Ratio: 2.5 (9th cheapest)
Rent To Income Ratio: 0.024 (12th cheapest)
More on Martin Luther King: Data | Real Estate
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Population: 5,738
Cost Of Living Index: 89 (13th cheapest)
Home Value To Income Ratio: 2.5 (8th cheapest)
Rent To Income Ratio: 0.013 (4th cheapest)
More on Western Hills And Yarborough: Data | Real Estate
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Population: 10,214
Cost Of Living Index: 83 (8th cheapest)
Home Value To Income Ratio: 2.2 (4th cheapest)
Rent To Income Ratio: 0.026 (14th cheapest)
More on Sunset Arcre-Garden Valley-Morningside: Data | Real Estate
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Population: 17,375
Cost Of Living Index: 87 (12th cheapest)
Home Value To Income Ratio: 2.6 (12th cheapest)
Rent To Income Ratio: 0.012 (2nd cheapest)
More on Hyde Park Brookwood-Southern Hills: Data | Real Estate
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Population: 8,608
Cost Of Living Index: 87 (12th cheapest)
Home Value To Income Ratio: 2.5 (7th cheapest)
Rent To Income Ratio: 0.017 (7th cheapest)
More on Airport-Pines Road: Data | Real Estate
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Population: 13,251
Cost Of Living Index: 90 (14th cheapest)
Home Value To Income Ratio: 2.6 (11th cheapest)
Rent To Income Ratio: 0.011 (cheapest)
More on Caddo Heights-South Highlands: Data | Real Estate
Methodology: How We Determined The Cheapest Shreveport Hoods In 2024
To rank the cheapest places to live in Shreveport, we had to determine what criteria define “cheap” and then apply Saturday Night Science.
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, Queensborough.
We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Shreveport. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.
Summary: Lowest Cost Places To Live 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.
The most affordable neighborhoods in Shreveport are Queensborough, Allendale-Lakeside, Ceder Grove-Lynbrook, Freestate-North Highlands, Martin Luther King, Western Hills And Yarborough, Sunset Arcre-Garden Valley-Morningside, Hyde Park Brookwood-Southern Hills, Airport-Pines Road, and Caddo Heights-South Highlands.
As mentioned earlier, the neighborhoods in Shreveport aren’t all cheap. Mooretown And Hollywood Heights takes the title of the most expensive neighborhood to live in Shreveport.
The most expensive neighborhoods in Shreveport are Mooretown And Hollywood Heights, Jenkins-Pinecroft, Springlake-University Terrace, Ellerbe Woods, and Country Club Hills-Lakeshore Shopping.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Louisiana reading, check out:
- Most Dangerous Places In Louisiana
- Richest Cities In Louisiana
- Safest Places In Louisiana
- Worst Places To Live In Louisiana
Detailed List Of The Cheapest Neighborhoods To Live In Shreveport For 2024
| Rank | Neighborhood | Cost Of Living Index |
|---|---|---|
| 1 | Queensborough | 79 |
| 2 | Allendale-Lakeside | 77 |
| 3 | Ceder Grove-Lynbrook | 81 |
| 4 | Freestate-North Highlands | 84 |
| 5 | Martin Luther King | 78 |
| 6 | Western Hills And Yarborough | 89 |
| 7 | Sunset Arcre-Garden Valley-Morningside | 83 |
| 8 | Hyde Park Brookwood-Southern Hills | 87 |
| 9 | Airport-Pines Road | 87 |
| 10 | Caddo Heights-South Highlands | 90 |
| 11 | Broadmoor-Anderson Island-Shreve Isle | 91 |
| 12 | Downtown Riverfront | 76 |
| 13 | Highland-Stoner Hill | 84 |
| 14 | Country Club Hills-Lakeshore Shopping | 83 |
| 15 | Ellerbe Woods | 106 |
| 16 | Springlake-University Terrace | 101 |
| 17 | Jenkins-Pinecroft | 91 |
| 18 | Mooretown And Hollywood Heights | 78 |