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 $154,176, lower than the Indiana average of $175,617.
The average cost of rent is $966/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. While nearly 31.22% of residents own their homes outright in Lafayette, 41.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $4,954 per month. Households that rent pay about 19.50% of their income on rent here. Lafayette's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Ravinamy, IN: higher priced homes
- West Lafayette, IN: higher priced homes
- Delp, IN: higher priced homes
- Dayton, IN: higher priced homes
- Shadeland, IN: higher priced homes
- Stockwell, IN: higher priced homes
- Battle Ground, IN: higher priced homes
- Romney, IN: higher priced homes
- Westpoint, IN: higher priced homes
- Cairo, IN: higher priced homes
Cities with Similar Populations
- Lakewood, CA: higher priced homes
- Lakewood, NJ: higher priced homes
- Lawrence, KS: higher priced homes
- Killeen, TX: equally priced homes
- Lancaster, CA: higher priced homes
- Lancaster, PA: higher priced homes
- Land O' Lakes, FL: higher priced homes
- Lees Summit, MO: higher priced homes
- Harlingen, TX: less expensive homes
- Hawthorne, CA: higher priced homes
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