Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Lafayette Parish area can be challenging. Home prices in Lafayette Parish are now at a median cost of $263,212, higher than the Louisiana average of $235,139.
The average cost of rent is $1,092/mo in Lafayette Parish, primarily driven by the current value of real estate in the Lafayette Parish area. In Lafayette Parish, 34.52% of households rent, and 45.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette Parish is $7,017 per month. Households that rent pay about 15.57% of their income on rent here. Lafayette Parish’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- St. Martin Parish, LA: less expensive homes
- Acadia Parish, LA: less expensive homes
- Jefferson Davis Parish, LA: less expensive homes
- Iberville Parish, LA: less expensive homes
- Ascension Parish, LA: higher priced homes
- Calcasieu Parish, LA: equally priced homes
- St. James Parish, LA: less expensive homes
- St. John the Baptist Parish, LA: less expensive homes
- Orange County, TX: less expensive homes
- Jefferson County, TX: less expensive homes
Counties with Similar Populations
- Albany County, NY: higher priced homes
- Benton County, WA: higher priced homes
- Benton County, AR: higher priced homes
- Anderson County, SC: less expensive homes
- Arlington County, VA: higher priced homes
- Atlantic County, NJ: higher priced homes
- Baldwin County, AL: higher priced homes
- Barnstable County, MA: higher priced homes
- Boulder County, CO: higher priced homes
- Mohave County, AZ: higher priced homes
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