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Affordable
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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 $150,663, lower than the Texas average of $322,096.
The average cost of rent is $956/mo in LaFayette, primarily driven by the current value of real estate in the LaFayette area. In LaFayette, 9.59% of households rent, and 54.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in LaFayette is $6,606 per month. Households that rent pay about 14.48% of their income on rent here. LaFayette’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ewell, TX: less expensive homes
- Cedar Springs, TX: higher priced homes
- Ebenezer, TX: higher priced homes
- Pine, TX: higher priced homes
- Bettie, TX: less expensive homes
- Ore City, TX: less expensive homes
- Coffeeville, TX: higher priced homes
- Delrose, TX: less expensive homes
- Lone Star, TX: less expensive homes
- Jenkins, TX: less expensive homes
Cities with Similar Populations
- Lamong, IN: higher priced homes
- Salesville, TX: higher priced homes
- Rufe, OK: equally priced homes
- Round Pond, ME: higher priced homes
- Ronneby, MN: higher priced homes
- Roaring Spring, KY: higher priced homes
- Rixies, NV: higher priced homes
- Rio Rico, TX: less expensive homes
- Lycoming, NY: equally priced homes
- Lohrville, IA: less expensive homes
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