Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Lafayette city, Louisiana?
City · Census ACS 5-Year estimates
The median gross rent in Lafayette city, Louisiana is $1,100/month (±$27), based on Census ACS 5-Year estimates (2024). The median home value is $257,000 (±$8,693), and the median household income is $61,915/year. The unemployment rate in Lafayette Parish, Louisiana was 3.3% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Lafayette city, Louisiana
| Metric | Value |
|---|---|
| Median Gross Rent | $1,100 |
| Median Home Value | $257,000 |
| Median Household Income | $61,915 |
| Total Housing Units | 52,966 |
| Renter-Occupied Units | 24,828 |
| Renter-Occupied Share | 47% |
| Households Paying 50%+ Income | 6,389 households |
| Unemployment Rate(April 2026) | 3.3% |
How does Lafayette city, Louisiana compare?
Median gross rent ranked against all cities in Louisiana.
Higher rent than 78% of cities in Louisiana · 78th of 357
| # | City | Value |
|---|---|---|
| 1 | Point Place CDP | $2,697 |
| 2 | Red Chute CDP | $2,095 |
| 3 | Killian town | $2,086 |
| … 74 more … | ||
| 78 | Lafayette city(you are here) | $1,100 |
| … 276 more … | ||
| 355 | Collinston village | $290 |
| 356 | Midway CDP | $252 |
| 357 | Greensburg town | $219 |
More data for Lafayette city, Louisiana
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Lafayette city, Louisiana?
The median gross rent in Lafayette city, Louisiana is $1,100/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Lafayette city, Louisiana?
The median rent for a 2-bedroom in Lafayette city, Louisiana is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Lafayette city, Louisiana?
The median home value in Lafayette city, Louisiana is $257,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Lafayette city are rent-burdened?
In Lafayette city, Louisiana, 6,389 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Lafayette city, Louisiana?
The median household income in Lafayette city, Louisiana is $61,915/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,100 has a margin of error of ±$27. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free