Cost of Living in Bossier Parish, Louisiana

$1,168/mo
Median Monthly Rent
$215,100
Median Home Value
34% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,168/mo
34% above state average
Median Home Value
$215,100
24% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bossier Parish Compares

Median monthly rent comparison

Bossier Parish$1,168/mo
Louisiana Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$1,168/mo
Median Gross Rent
$215,100
Median Home Value
$1,084/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Bossier Parish, Louisiana

Bossier Parish: Premium pricing, strained affordability

At 21.1%, Bossier Parish's rent-to-income ratio exceeds Louisiana's 19.5% state average despite median rents of $1,168—the state's second-highest. Residents earning $66,336 annually face housing costs that consume an outsized share of income relative to peer parishes. Bossier's strong economy attracts workers, but housing costs rise faster than wages.

Bossier among Louisiana's most expensive markets

Bossier Parish ranks among Louisiana's higher-cost parishes with a concerning 21.1% rent-to-income ratio, placing it in the bottom third for affordability. Despite reasonable income levels, housing costs strain household budgets more heavily here than nearly everywhere else in Louisiana. This reflects Bossier's status as a regional job hub near Shreveport.

Bossier dominates regional housing costs

Bossier's $1,168 median rent dwarfs all comparison parishes—$287 above Acadia ($725), $493 above Beauregard ($882), and $367 above Assumption ($801). Home values hit $215,100, reflecting this parish's premium positioning near Shreveport's job market. Bossier renters pay premium prices for proximity to employment and services.

Renters shoulder 21% burden; owners face 19.5%

Bossier renters earning $66,336 pay $1,168 monthly (21.1%), while homeowners carrying $215,100 median-value mortgages pay $1,084 (19.5%). The modest owner advantage (1.6 percentage points) suggests rental and ownership markets move in tandem here. Residents face elevated housing burdens across both market segments.

Bossier: Economic hub with housing trade-off

Bossier Parish offers strong Shreveport-area job opportunities but demands acceptance of the state's highest housing costs—rents run $1,168 monthly, consuming 21.1% of earnings. Only relocate if your income exceeds the $66,336 median or job prospects justify the premium. Compare Bossier rents against our more affordable parishes before committing.

Affordability Calculator

See how your income compares to housing costs in Bossier Parish

$

Rent Burden

21.1%

of gross income

Max Housing (28% Rule)

$1,548

per month

Owner Cost Burden

19.6%

of gross income

The median home in Bossier Parish may be a stretch

Median home value is $215,100. Estimated monthly cost: $1,717 vs. your max of $1,548.

Rent Affordability Guide

Your rent-to-income ratio21.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Bossier Parish, Louisiana?
Bossier Parish, Louisiana has a median monthly rent of $1,168/mo and a median home value of $215,100. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Bossier Parish?
The median gross rent in Bossier Parish is $1,168/mo. This is 34% above state average for Louisiana.
Is Bossier Parish affordable?
Bossier Parish is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bossier Parish's rent compare to the state average?
Bossier Parish's median rent of $1,168/mo is 34% above state average of $873/mo for Louisiana.
What is the median home value in Bossier Parish?
The median home value in Bossier Parish, Louisiana is $215,100. This is 24% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.