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 $534,193, higher than the Colorado average of $430,259.
The average cost of rent is $1,944/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. While nearly 26.48% of residents own their homes outright in Lafayette, 29.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $8,703 per month. Households that rent pay about 22.33% of their income on rent here. Lafayette's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Louisville, CO: higher priced homes
- Erie, CO: equally priced homes
- Superior, CO: higher priced homes
- Broomfield, CO: equally priced homes
- Gunbarrel, CO: higher priced homes
- Niwot, CO: higher priced homes
- Boulder, CO: higher priced homes
- Westminster, CO: less expensive homes
- Northglenn, CO: less expensive homes
- Dacono, CO: less expensive homes
Cities with Similar Populations
- Fountain, CO: less expensive homes
- Shaker Heights, OH: less expensive homes
- Searcy, AR: less expensive homes
- Grand Haven, MI: less expensive homes
- Garfield Heights, OH: less expensive homes
- Galloway, OH: less expensive homes
- Fruit Cove, FL: less expensive homes
- Franklin Town, MA: less expensive homes
- Franconia, VA: equally priced homes
- Shenandoah, FL: less expensive homes
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