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Everything else equal, I think 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.
So 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 find out which neighborhoods in Shreveport are the cheapest.
The Cheapest Neighborhoods In Shreveport For 2022
What's the cheapest neighborhood to live in Shreveport for 2022? According to the most recent census data, Downtown Riverfront looks to be the cheaptest 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 in return 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.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
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
The 10 Cheapest Neighborhoods To Live In Shreveport For 2022
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Population: 355
Cost Of Living Index: 73 (cheapest)
Home Value To Income Ratio: 1.0 (cheapest)
Rent To Income Ratio: 0.022 (11th cheapest)
More on Downtown Riverfront: Homes For Sale | Data
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Population: 6,769
Cost Of Living Index: 78 (3rd cheapest)
Home Value To Income Ratio: 2.3 (7th cheapest)
Rent To Income Ratio: 0.017 (8th cheapest)
More on Mooretown And Hollywood Heights: Homes For Sale | Data
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Population: 8,792
Cost Of Living Index: 79 (4th cheapest)
Home Value To Income Ratio: 2.0 (4th cheapest)
Rent To Income Ratio: 0.024 (13th cheapest)
More on Queensborough: Homes For Sale | Data
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Population: 4,562
Cost Of Living Index: 81 (7th cheapest)
Home Value To Income Ratio: 2.2 (6th cheapest)
Rent To Income Ratio: 0.019 (10th cheapest)
More on Freestate-North Highlands: Homes For Sale | Data
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Population: 6,860
Cost Of Living Index: 75 (2nd cheapest)
Home Value To Income Ratio: 2.0 (3rd cheapest)
Rent To Income Ratio: 0.028 (18th cheapest)
More on Allendale-Lakeside: Homes For Sale | Data
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Population: 14,309
Cost Of Living Index: 80 (6th cheapest)
Home Value To Income Ratio: 1.8 (2nd cheapest)
Rent To Income Ratio: 0.025 (15th cheapest)
More on Ceder Grove-Lynbrook: Homes For Sale | Data
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Population: 5,738
Cost Of Living Index: 87 (12th cheapest)
Home Value To Income Ratio: 2.5 (10th cheapest)
Rent To Income Ratio: 0.013 (5th cheapest)
More on Western Hills And Yarborough: Homes For Sale | Data
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Population: 17,375
Cost Of Living Index: 87 (12th cheapest)
Home Value To Income Ratio: 2.6 (13th cheapest)
Rent To Income Ratio: 0.012 (3rd cheapest)
More on Hyde Park Brookwood-Southern Hills: Homes For Sale | Data
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Population: 13,251
Cost Of Living Index: 89 (14th cheapest)
Home Value To Income Ratio: 2.6 (12th cheapest)
Rent To Income Ratio: 0.011 (2nd cheapest)
More on Caddo Heights-South Highlands: Homes For Sale | Data
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Population: 8,608
Cost Of Living Index: 88 (13th cheapest)
Home Value To Income Ratio: 2.5 (9th cheapest)
Rent To Income Ratio: 0.017 (7th cheapest)
More on Airport-Pines Road: Homes For Sale | Data
Methodology: How We Determined The Cheapest Shreveport Hoods In 2022
In order to rank the cheapest places to live in Shreveport, we had to determine what criteria defines "cheap".
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, Downtown Riverfront.
Read on below to learn more about what it's like to live in the cheapest places Shreveport. Or 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.
As we mentioned earlier, the neighborhoods in Shreveport aren't all cheap. Country Club Hills-Lakeshore Shopping takes the title of the most expensive neighborhood to live in Shreveport.
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 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | Downtown Riverfront | 73 |
2 | Mooretown And Hollywood Heights | 78 |
3 | Queensborough | 79 |
4 | Freestate-North Highlands | 81 |
5 | Allendale-Lakeside | 75 |
6 | Ceder Grove-Lynbrook | 80 |
7 | Western Hills And Yarborough | 87 |
8 | Hyde Park Brookwood-Southern Hills | 87 |
9 | Caddo Heights-South Highlands | 89 |
10 | Airport-Pines Road | 88 |
11 | Sunset Arcre-Garden Valley-Morningside | 82 |
12 | Martin Luther King | 79 |
13 | Broadmoor-Anderson Island-Shreve Isle | 92 |
14 | Ellerbe Woods | 106 |
15 | Highland-Stoner Hill | 82 |
16 | Jenkins-Pinecroft | 90 |
17 | Springlake-University Terrace | 101 |
18 | Country Club Hills-Lakeshore Shopping | 84 |