Rent to own Homes in Shreveport, LA
Shreveport, in northwest Louisiana, is the third-largest city in the state and, it has every reason to declare it is "The Next Great City of the South," as the city motto says. Situated on the Red River at the point where Arkansas, Louisiana, and Texas meet and surrounded by pine forests, cotton fields, and wetlands, Shreveport hosts a booming movie business, as well as riverboat gambling, and is near rich reserves of natural shale gas. For zydeco, crawfish, and langniappe, Shreveport is the place to be. If you are hunting for a new place to either own or rent, consider Shreveport.
Shreveport, LA is a great place for affordable rent-to-own homes! With a median household income of over $40,809 and a median rent of $827, the Shreveport, LA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Shreveport, LA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Shreveport, LA
Neighborhoods in Shreveport, LA
Airport, Pines Road rent to own homes Allendale, Lakeside rent to own homes Downtown Riverfront rent to own homes Broadmoor, Anderson Island, Shreve Isle rent to own homes Caddo Heights, South Highlands rent to own homes Cedar Grove, Lynbrook rent to own homes Country Club Hills - Lakeshore rent to own homes Ellerbe Woods rent to own homes Freestate, North Highlands rent to own homes Highland, Stoner Hill rent to own homesMedian Home Price in Shreveport, LA
Median Rent in Shreveport, LA
Top Reasons to Live in Shreveport LA
Housing Statistics The median for house prices in Shreveport jumped nearly 3 percent in the past year, and the real estate market is predicted to stay healthy owing to the upsurge in job creation in the area. The average list price of just over a thousand homes currently for sale is $195,303. Homes for rent, including rent to own houses, are readily available, from a two-bedroom at $450 a month to the most expensive rental - $1,900 a month for 1,780 square feet with three bedrooms and two bathrooms. Shreveport has a relatively high proportion of rented housing, including rent to own places, at 44.5 percent, which is similar to most US cities with a population over 50,000. Very few homes are used for seasonal or recreational living only. In fact, it ranks 353rd in the United States for number of occasional units.
Transportation SporTran has been running the public transport systems in Shreveport for the past 125 years. In the 1870s, they used mule-drawn streetcars, gradually giving way to fancy rubber-tired trolley cars. Nowadays, they run a fleet of buses on compressed natural gas. The coverage is reasonably extensive between Shreveport and Bossier, although there is no night service on Sunday.
Weather and Climate This corner of Louisiana does get its fair share of rainfall, keeping the Red River National Wildlife Refuge, Caddo Lake, and Cypress Black Bayou well topped up, but it makes up for it by having mild winters. On average, Shreveport only sees around 35 days at or below freezing. If they do see snow here, it is just a scattering. Summers, as you might expect, are hot, hot, hot, steamy, and humid, and it can easily hit 90 degrees from May to October. The city helps its residents and visitors deal with the heat by placing lots of free spraygrounds around town -a mighty refreshing spritz of cooling water on a blistering day. Those who need to cool off more completely can jump in at the Splash Kingdom Water Park.
Neighborhood Guide The most historic neighborhood is Fairfield Avenue. Coca-Cola bottler Zehntner Biedenharn lived here in Walker House. Down the street, the Pine Wold House has a much more unusual claim to fame: it has an elephant buried in the garden! The Mighty Haag Circus used to spend winter in Shreveport, and it was here that Trilby, the star of the show, met his demise. The house was designed by Ed Neild, who also designed some of the White House interiors during the Truman administration. Another beautiful and significant architectural building is the home of the Lieutenant-Governor Thomas Charles Barret, at the junction of Fairfield and Prospect.