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 $285,343, lower than the New Jersey average of $388,929.
The average cost of rent is $1,501/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. While nearly 37.18% of residents own their homes outright in Lafayette, 19.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $7,742 per month. Households that rent pay about 19.38% of their income on rent here. Lafayette's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Upper Mohawk, NJ: higher priced homes
- Augusta, NJ: higher priced homes
- South Ogdensburg, NJ: higher priced homes
- Ogdensburg, NJ: equally priced homes
- Newton, NJ: equally priced homes
- Sparta, NJ: higher priced homes
- Pellettown, NJ: higher priced homes
- Lake Mohawk, NJ: higher priced homes
- Franklin, NJ: less expensive homes
- Branchville, NJ: higher priced homes
Cities with Similar Populations
- Edgewood, OH: less expensive homes
- East Petersburg, PA: less expensive homes
- East Prairie, MO: less expensive homes
- Nowthen, MN: higher priced homes
- East Tawas, MI: less expensive homes
- East Walpole, MA: higher priced homes
- East Windsor, CT: less expensive homes
- Eastaboga, AL: less expensive homes
- Eastover, SC: less expensive homes
- Eastpoint, FL: higher priced homes
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