The Most Affordable Neighborhoods in Ellerbee Woods, Shreveport, LA by Home Value

 

Ellerbee Woods, Shreveport, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ellerbee Woods area can be challenging. Home prices in Ellerbee Woods are now at a median cost of $370,906, higher than the Shreveport average of $178,403.

The average cost of rent is $951/mo in Ellerbee Woods, primarily driven by the current value of real estate in the Ellerbee Woods area. While nearly 33.86% of residents own their homes outright in Ellerbee Woods, 2.84% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ellerbee Woods is $13,207 per month. Households that rent pay about 7.20% of their income on rent here. Ellerbee Woods's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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