Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lafayette area can be challenging. Home prices in Lafayette are now at a median cost of $124,969, lower than the Alabama average of $185,232.
The average cost of rent is $584/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. While nearly 67.64% of residents own their homes outright in Lafayette, 26.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $3,119 per month. Households that rent pay about 18.73% of their income on rent here. Lafayette's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Milltown, AL: equally priced homes
- Moorefield, AL: equally priced homes
- Chapel Hill, AL: less expensive homes
- Marcoot, AL: equally priced homes
- Penton, AL: less expensive homes
- Fredonia, AL: equally priced homes
- Dudleyville, AL: equally priced homes
- Five Points, AL: equally priced homes
- Tiller Crossroads, AL: less expensive homes
- Lanett, AL: less expensive homes
Cities with Similar Populations
- Hometown, IL: equally priced homes
- Oglesby, IL: less expensive homes
- Chaffee, MO: equally priced homes
- Pearson, GA: less expensive homes
- Utica, OH: higher priced homes
- Honokaa, HI: higher priced homes
- Merkel, TX: less expensive homes
- Lopezville, TX: equally priced homes
- Tama, IA: less expensive homes
- Pauline, SC: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood