Total monthly cost of ownership
Cost to Own a Home in Shreveport, Louisiana
A $178,000 home here costs
$1,519per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $915. The real number is $603 higher every month — 66% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Shreveport against Caddo Parish and Louisiana
| Measure | Shreveport | Caddo Parish |
|---|---|---|
| Median home value | $178,100 | $175,900 |
| Median property tax | $1,191 | $1,081 |
| Effective tax rate | 0.669% | 0.615% |
| Median gross rent | $980 | $962 |
| Population | 183,483 | 232,973 |
Shreveport extends across 2 counties. Figures here use Caddo Parish, where most of its housing sits.
The weather behind that power bill
Shreveport sits in Caddo Parish, which averages a high of 95.0°F in its hottest month and a low of 38.8°F in its coldest, with 48.87" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,894 cooling and 1,947 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Caddo Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Caddo Parish
Full Caddo Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Shreveport?
A $178,000 home in Shreveport, Louisiana costs approximately $1,519 per month with 20% down at 6.66%. That is $915 principal and interest, $99 property tax, $161 homeowners insurance, $195 utilities and $148 set aside for maintenance.
What is the property tax rate in Shreveport?
Shreveport has an effective property tax rate of 0.669%, based on a median home value of $178,100 and median real estate taxes of $1,191. That is higher than the Caddo Parish average of 0.615%.
What is the average home price in Shreveport?
The median owner-occupied home value in Shreveport, Louisiana is $178,100, against $175,900 across Caddo Parish.
Is it cheaper to rent or buy in Shreveport?
Median gross rent in Shreveport is $980 a month, against $1,519 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Shreveport — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Louisiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.