
Home Price Key
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 $158,240, lower than the Tennessee average of $218,916.
The average cost of rent is $722/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. While nearly 46.27% of residents own their homes outright in Lafayette, 27.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $4,169 per month. Households that rent pay about 17.32% of their income on rent here. Lafayette's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Webbtown, TN: equally priced homes
- Galen, TN: less expensive homes
- Drapers Crossroads, TN: less expensive homes
- Dixon Springs, TN: less expensive homes
- Pumpkintown, TN: less expensive homes
- Holland, KY: less expensive homes
- Walnut Shade, TN: less expensive homes
- Russell Hill, TN: equally priced homes
- Red Boiling Springs, TN: less expensive homes
- Willette, TN: less expensive homes
Cities with Similar Populations
- Barrington, IL: higher priced homes
- Astoria, OR: higher priced homes
- Overland, MO: less expensive homes
- Orange, CT: higher priced homes
- Orange Park, FL: higher priced homes
- Oregon, WI: higher priced homes
- Orland, CA: higher priced homes
- Otsego, MN: higher priced homes
- Ottawa, KS: equally priced homes
- Petoskey, MI: higher priced homes
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