CALCMONEY // HOME AFFORDABILITY // LA // SHREVEPORT
How much house can you afford in Shreveport? Based on local median home prices, current LA mortgage rates, and Shreveport property tax data.
$175,000
$1,064/mo
$45,592/yr
$185,611
Monthly housing costs of $1,064 represent 26.6% of Shreveport's median gross monthly income ($4,000/mo). At 26.6%, Shreveport falls within the standard 28% affordability threshold at current median income levels.
| Median Home Price | $175,000 |
| Down Payment (20%) | $35,000 |
| Loan Amount | $140,000 |
| Monthly PI Payment | $927 |
| Monthly Property Tax | $64 |
| Monthly Insurance Est. | $73 |
| Total Monthly PITI | $1,064 |
| Housing Cost % of Income | 26.6% |
| Required Income (28% rule) | $45,592/yr |
| Max Affordable Home | $185,611 |
$6,125
$1,375/mo
Shreveport Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $175,000 | Shreveport city median |
| Down Payment (20%) | $35,000 | Conventional loan |
| Monthly PITI | $1,064 | 6.95% rate, 30yr fixed |
| Required Income (28% rule) | $45,592 | Annual gross |
| Max Affordable Home | $185,611 | Based on median income |
| FHA Down (3.5%) | $6,125 | Minimum FHA |
| Housing Cost % of Income | 26.6% | Median income: $48,000/yr |
| Property Tax Rate | 0.44% | $770/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Shreveport is $175,000, with a local 30-year mortgage rate of 6.95%. A buyer putting 20% down carries a loan of $140,000, generating a monthly P&I payment of $927. Adding property taxes ($64/mo) and homeowners insurance ($73/mo) brings total monthly PITI to $1,064.
Shreveport's property tax rate of 0.44% is among the lower rates in the country, which improves overall affordability by keeping total PITI closer to the principal and interest payment alone. On the Shreveport median home, that is $64/month, or $770 per year.
Louisiana levies a state income tax, which affects take-home pay and effective buying power. High-income earners in Shreveport should factor state tax liability into their overall housing budget — mortgage interest may be deductible on both federal and state returns.
Using the 28% rule, a household earning Shreveport's median income of $48,000/year can afford up to $1,120/month in total housing costs. Based on Shreveport's mortgage rate of 6.95% and property tax rate of 0.44%, that translates to a maximum affordable home price of approximately $185,611 with 20% down on a 30-year loan.
To afford the median Shreveport home priced at $175,000, you need an annual gross income of approximately $45,592. Total monthly housing costs (principal and interest of $927, property taxes of $64, and insurance of $73) come to $1,064/month, which equals 28% of the required income.
At the median home price of $175,000 and median household income of $48,000, the total monthly housing cost of $1,064 represents 26.6% of gross monthly income. This is within the standard 28% guideline, making Shreveport relatively accessible at current income levels.
A conventional 20% down payment on the median Shreveport home of $175,000 is $35,000. An FHA loan requires just 3.5% down — $6,125 — but adds mortgage insurance of roughly $120/month, bringing total FHA payments to $1,375/month.
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