5+ Days Ago
Highlights
- Peaceful neighborhood
- Well-maintained property
Location
3940 Wallace Ave, Shreveport, LA 71108, USA|Caddo Heights, South Highlands
Tour 3940 Wallace Ave
Contact
PoBoi Enterprises LLC
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Policies and fees
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Applicants
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 3940 Wallace Ave
Sweet deal!
This listing is 15% below the median price for 3 bedroom apartments in Caddo Heights, South Highlands.
3940 Wallace Ave. - 3 Bedroom - SECTION 8 APPROVED BEAUTIFUL 3 BEDROOM - SECTION 8 APPROVED. This is NOT a scam, we manage 50 rentals in Shreveport/Bossier!Welcome to 3940 Wallace Ave., a cozy and inviting 3-bedroom, 1-bathroom home located in a peaceful Shreveport neighborhood. This well-maintained property offers a perfect blend of comfort and convenience, ideal for families or individuals looking for a charming space to call home. ATTENTION: The rent amount of $1,000/month does not include appliances/amenities.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 3940 Wallace Ave compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 366 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Caddo Heights, South Highlands |
|---|---|
| Zip code | 71108 |
| Type | House for rent |
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Rent trends in Caddo Heights, South Highlands
3-bedroom apartments at 3940 Wallace Ave cost about 15% less than the average rent price for 3-bedroom apartments in Shreveport.
Median rents as of May 30 2026.
Caddo Heights, South Highlands
Shreveport
| Month | Median Rent |
|---|---|
| June 2024 | $1,241 |
| July 2024 | $1,192 |
| August 2024 | $1,169 |
| September 2024 | $1,162 |
| October 2024 | $1,136 |
| November 2024 | $1,201 |
| December 2024 | $1,244 |
| January 2025 | $1,250 |
| February 2025 | $1,250 |
| March 2025 | $1,278 |
| April 2025 | $1,259 |
| May 2025 | $1,276 |
| June 2025 | $1,316 |
| July 2025 | $1,334 |
| August 2025 | $1,287 |
| September 2025 | $1,220 |
| October 2025 | $1,200 |
| November 2025 | $1,232 |
| December 2025 | $1,260 |
| January 2026 | $1,223 |
| February 2026 | $1,246 |
| March 2026 | $1,200 |
| April 2026 | $1,201 |
| May 2026 | $1,298 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,230 |
| July 2024 | $1,387 |
| August 2024 | $1,320 |
| September 2024 | $1,393 |
| October 2024 | $1,281 |
| November 2024 | $1,309 |
| December 2024 | $1,300 |
| January 2025 | $1,250 |
| February 2025 | $1,250 |
| March 2025 | $1,110 |
| April 2025 | $1,200 |
| May 2025 | $1,150 |
| June 2025 | $1,203 |
| July 2025 | $1,170 |
| August 2025 | $1,292 |
| September 2025 | $1,285 |
| October 2025 | $1,125 |
| November 2025 | $1,030 |
| December 2025 | $1,112 |
| January 2026 | $957 |
| February 2026 | $1,164 |
| March 2026 | $1,750 |
| April 2026 | $1,653 |
| May 2026 | $1,470 |
Affordability calculator
Can I afford to live at 3940 Wallace Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$52,680/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,680 annually to afford this 3-bedrooms monthly rent price of $1,317.
For more information on rent affordability, visit our rent calculator.
Schools near 3940 Wallace Ave
Caddo Heights Math & Science Elementary School
1702 corbitt st
shreveport, LA, 71108
PK, K-5Public
C
Werner Park Elementary School
2715 corbitt st
shreveport, LA, 71108
PK, K-5Public
C-
Midway Elementary Professional Development School
3840 greenwood rd
shreveport, LA, 71109
PK, K-5Public
C-
Academic Recovery Ombudsman
401 north holzman
shreveport, LA, 71101
2-12Public
D-
Barksdale AFB Child Development Center West
411 fairchild ave
barksdale afb, LA, 71110
PKPublic
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Internet available near 3940 Wallace Ave
Neighborhood
Caddo Heights, South Highlands | Shreveport, LA
Getting around Shreveport near 3940 Wallace Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 3940 Wallace Ave, Shreveport
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
2/10
Some bars within walking distance
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