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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 $1,777,343, higher than the California average of $812,006.
The average cost of rent is $3,100/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. In Lafayette, 23.20% of households rent, and 27.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $17,936 per month. Households that rent pay about 17.28% of their income on rent here. Lafayette’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Reliez Valley, CA: higher priced homes
- Walnut Creek, CA: less expensive homes
- Castle Hill, CA: equally priced homes
- Moraga, CA: less expensive homes
- Orinda, CA: equally priced homes
- Pleasant Hill, CA: less expensive homes
- Canyon, CA: less expensive homes
- Alamo, CA: higher priced homes
- Orinda Village, CA: equally priced homes
- Martinez, CA: less expensive homes
Cities with Similar Populations
- Denver, NC: less expensive homes
- Candler, NC: less expensive homes
- Carteret, NJ: less expensive homes
- Chanhassen, MN: less expensive homes
- Chapin, SC: less expensive homes
- Chelmsford, MA: less expensive homes
- Chevy Chase, MD: less expensive homes
- Westchase, FL: less expensive homes
- Waukee, IA: less expensive homes
- Watertown, WI: less expensive homes
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