Much like the surrounding areas, it's substantially less expensive compared to the rest of the country. Compared to the city of Shreveport, it's a lot less expensive.
Home prices
The median home in Waldo is valued at $56,900. In comparison to nearby areas it is is very similar.It is roughly $160,600 (73%) lower in comparison to the rest of the nation, and in comparison to the city of Shreveport is approximately $91,200 (61%) lower.
Rents
In Waldo the median monthly rent is $500. It is approximately $47 (8%) lower in comparison to the surrounding areas.It is approximately $562 (52%) lower in comparison to the rest of the country, and it is approximately $312 (38%) lower compared to the city of Shreveport.
Nearby places
McNeil
McNeil is about 4 miles east from Waldo. The housing prices there are a bit less expensive. The value of the median home in McNeil is $51,300, which works out to $5,600 (10%) lower than Waldo. The rent there is a bit more expensive. In McNeil the median monthly rent is $673, which is $173 (25%) higher than Waldo.
Magnolia
Magnolia is about 6 miles southeast of Waldo. Housing prices there are substantially more expensive. The median home in Magnolia is valued at $96,100, which is $39,200 (40%) higher than Waldo. Rents there are somewhat more expensive. Magnolia's median rent is $691 per month, which comes out to $191 (27%) higher than Waldo.
Stamps
Stamps is approximately 10 miles west of Waldo. Real estate prices there are somewhat less expensive. The median home cost in Stamps is $48,800, which works out to $8,100 (16%) lower than Waldo. Rents there are a little more expensive. The median rent in Stamps is $561 per month, which comes out to $61 (10%) higher than Waldo.
Stephens
Stephens is approximately 12 miles northeast of Waldo. Its housing prices are significantly less expensive. The median home in Stephens costs $43,100, which comes out to $13,800 (32%) lower than Waldo. Rent there is significantly less expensive. In Stephens the median rent is $330 per month, which works out to $170 (51%) lower than Waldo.
Lewisville
Lewisville is about 14 miles west from Waldo. Its real estate prices are a bit less expensive. The value of the median home in Lewisville is $46,500, which is $10,400 (22%) lower than Waldo. Rent there is similar. Lewisville's median rent is $481 per month, which works out to $19 (3%) lower than Waldo.