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ZIP Code · LA

ZIP 71118

Pop. 23,219·Caddo Parish·75th most expensive ZIP in Louisiana
Median rent (all units)
$1,223/mo
Year-over-Year
-8.9%
Month-over-Month
-0.6%
vs US Median
-$742
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 71118 · $1,223
More affordable than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$870
1 BR
$980
2 BR
$1,110
3 BR
$1,460
4 BR+
$1,550
Research median
$1,110/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,676/yr
At $1,223/mo median
Location
StateLA
CountyCaddo Parish
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 8.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-8.9% YoY, -0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 71118 (Shreveport, LA) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 19.9% of residents hold a bachelor's degree or higher.

Population
23,219
Median income
$50,287
Median age
37.1
Renters
38.7%
Age distribution
26.2%
20.8%
24.4%
17.3%
Under 1826.2%
18–3420.8%
35–5424.4%
55–6411.3%
65+17.3%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
31.2%
59.9%
White31.2%
Black59.9%
Hispanic2.9%
Asian1.1%
Other4.9%
Education (25+)
33.3%
37.5%
19.9%
No HS diploma9.3%
HS diploma33.3%
Some college37.5%
Bachelor's+19.9%
Housing tenure
61.3%
38.7%
Owner61.3%
Renter38.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 71118 in Shreveport, LA has changed in 5 years

Income
$50,590 → $50,287
down 0.6%
Population
23,876 → 23,219
down 2.8%
Renter share
38.4% → 38.7%
+0.3 pts
Bachelor's+
19% → 19.9%
+0.9 pts
Median age
36.3 → 37.1
+0.8 yrs

Median household income slipped from $50,590 to $50,287 between 2021 and 2024, a 0.6% shift. The population has contracted by 2.8% since 2021, moving from about 23,876 residents to roughly 23,219.

Community

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Local insights

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About renting in ZIP 71118

Last updated: July 20, 2026

ZIP code 71118 covers Shreveport, LA. The median rent here is $1,223/mo as of July 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,110/mo.

At 29% of local median household income ($50,287/yr), ZIP 71118 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 8.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 71118?

As of July 20, 2026, the median monthly rent in ZIP 71118 (Shreveport, LA) is $1,223. This is based on aggregated data from public sources and community submissions.

How does ZIP 71118 rent compare to the US average?

ZIP 71118's median rent of $1,223/mo is $742 (38%) below the US national median of $1,965/mo.

How does ZIP 71118 compare to other ZIPs in Louisiana?

ZIP 71118 is among the more affordable ZIP codes in Louisiana, ranking #75 out of 91 ZIPs at $1,223/mo.

How much income do you need to rent in ZIP 71118?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,223/mo in ZIP 71118. The local median household income is $50,287/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 71118?

Rent in ZIP 71118 has decreased 8.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 71118 an affordable place to rent?

ZIP 71118 is considered affordable for renters. At $1,223/mo, rent takes approximately 29% of the local median household income ($50,287/yr). The standard benchmark is 30%. ZIP 71118 falls comfortably within that range.

What percentage of ZIP 71118 residents rent vs. own?

According to Census data, approximately 38.7% of ZIP 71118 households are renters, while 61.3% are owner-occupied. ZIP 71118 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 71118 compare to the rest of Shreveport?

ZIP 71118 is pricier than Shreveport as a whole. At $1,223/mo, it's $53 above the Shreveport citywide median of $1,170/mo.

When was rent data for ZIP 71118 last updated?

Rent data for ZIP 71118 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,223/mo, rent takes ~29% of ZIP 71118's median household income ($50,287/yr). The standard benchmark is 30%.

ZIP 71118 29%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 71118 (Shreveport, LA)

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