ZIP Code · LA

ZIP 71118

Pop. 23,219·Caddo Parish·74th most expensive ZIP in Louisiana
Median rent (all units)
$1,225/mo
Year-over-Year
+10.1%
Month-over-Month
+1.3%
vs US Median
-$707
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 71118 · $1,225
More affordable than 90% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 71118 is at its highest level since Zillow's records here began in November 2022.

Past year vs. the rest of Louisiana

Rent in ZIP 71118 changed +10.1% over the year to September 2026. Across the 75 Louisiana ZIP codes Zillow tracks, the typical change was +3.0%.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($50,287) is $1,257 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,110); a 3-bedroom is $1,460.

Rank in Shreveport

4th cheapest of 6 ZIP codes in Shreveport.

Cheaper nearby

ZIP 71108, 4 miles away, rents for 26% less ($912/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 71118. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,700/yr
At $1,225/mo median
Location
StateLA
CountyCaddo Parish
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.1% YoY, +1.3% 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

2023 vs 2026

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

Rent
$936 → $1,225
up 30.9%
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

The median rent in ZIP 71118 in Shreveport, LA stood at $936 in 2023 and currently runs about $1,225, reflecting a 30.9% increase over the period. Median household income slipped from $50,590 to $50,287 between 2021 and 2024, a 0.6% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.8% since 2021, moving from about 23,876 residents to roughly 23,219. Taken together, the five-year picture in ZIP 71118 in Shreveport, LA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 71118

Last updated: October 17, 2026

ZIP code 71118 covers Shreveport, LA. The median rent here is $1,225/mo as of October 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 increased 10.1% over the past year.

FAQ

Frequently asked questions

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 (about $24/hour full-time) to afford the median rent of $1,225/mo in ZIP 71118. The local median household income is $50,287/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 71118?

Rent in ZIP 71118 has risen 10.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2022.

How does ZIP 71118 compare to other ZIPs in Louisiana?

ZIP 71118 is one of the more affordable among Louisiana ZIP codes for rent, ranking #74 of 92 at $1,225/mo. Over the year to September 2026, rent in ZIP 71118 changed +10.1%, against a typical +3.0% across the 75 Louisiana ZIP codes Zillow tracks.

How does ZIP 71118 compare to the rest of Shreveport?

At $1,225/mo, ZIP 71118 is $76 above the Shreveport citywide median of $1,149/mo. It is the 4th cheapest of 6 ZIP codes in Shreveport.
Income Affordability
29%
AFFORDABLE

At $1,225/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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