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
Nearby rentals
Renter hub
Property management
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Applicants
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One-time. Refundable.
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About 3940 Wallace Ave
Sweet deal!
This listing is 23% 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 360 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
- Greater distance from high schools
- The nearest high 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 23% less than the average rent price for 3-bedroom apartments in Shreveport.
Median rents as of Apr 11 2026.
Caddo Heights, South Highlands
Shreveport
| Month | Median Rent |
|---|---|
| April 2024 | $1,178 |
| May 2024 | $1,160 |
| June 2024 | $1,233 |
| 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 | $1,200 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,013 |
| May 2024 | $1,027 |
| June 2024 | $1,188 |
| 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 | $1,717 |
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
Explore the area around 3940 Wallace Ave
Werner Park Grocery
4730 Mansfield Rd
Midway Food Mart
2709 Midway St
Super 1 Foods
2640 Waggoner Ave
Brookshire's
5828 Line Ave
Maxwell's Market
4861 Line Ave
Family Dollar
3870 Linwood Ave
Soclothing Inc
1424 Hollywood Ave
Family Dollar
2509 Hollywood Ave
Victoria's Secret & PINK
1133 Saint Vincent Ave
City Gear By DTLR
1133 Saint Vincent Ave
PJ's Coffee
1501 Kings Hwy
Starbucks
4800 Line Ave
Rhino Coffee-Uptown
721 Southfield Rd
Dunkin'
856 Kings Hwy
Bestea
3950 Youree Dr
Oyster Bar & Grille
855 Pierremont Rd
Havana Sport & Cigars Bar
855 Pierremont Rd
Athena's Greek & Lebanese Grill
6030 Line Ave
Superior Bar & Grill
6105 Line Ave
Superior Grill
6123 Line Ave
Shreveport Stuffed Shrimp Festival
1721 Oakdale St
Crispy Donuts
1416 Hollywood Ave
Glow Alchemy Kitchen
955 Pierremont Rd
So Blessed Treats LLC
4800 Line Ave
Good Life Health Foods & Del
6132 Hearne Ave
Hunt Brothers Pizza
4301 Linwood Ave
Hunt Brothers Pizza
4912 Mansfield Rd
Almighty Barbeque
3828 Linwood Ave
Eddie's Restaurant
1956 Hollywood Ave
Eddie's Seafood-SLFD Restaurant
1956 Hollywood Ave
Linwood Ave / Vivian St
Linwood Avenue
Linwood Ave / Grisby St
Linwood Avenue, Line / Linwood
Linwood Ave / Corbitt St
Linwood Avenue
Linwood Ave / Corbitt St
Line / Linwood, Linwood Avenue
Linwood Ave / Midway Ave
Line / Linwood, Linwood Avenue
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