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 $158,096, lower than the Virginia average of $323,261.
The average cost of rent is $906/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. While nearly 52.69% of residents own their homes outright in Lafayette, 30.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $4,582 per month. Households that rent pay about 19.76% of their income on rent here. Lafayette's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Elliston, VA: equally priced homes
- Ironto, VA: higher priced homes
- Glenvar, VA: higher priced homes
- Wabun, VA: higher priced homes
- Shawsville, VA: equally priced homes
- Bent Mountain, VA: higher priced homes
- McDonalds Mill, VA: higher priced homes
- Salem, VA: higher priced homes
- Mason Cove, VA: higher priced homes
- Catawba, VA: higher priced homes
Cities with Similar Populations
- Mendon, VT: higher priced homes
- San Perlita, TX: less expensive homes
- Saco, MT: equally priced homes
- Ryo, GA: less expensive homes
- Roxbury, WI: higher priced homes
- Rockford, ID: equally priced homes
- Riverview Estates, KY: less expensive homes
- Mingo, OH: higher priced homes
- Milroy, MN: less expensive homes
- Midway, TX: less expensive homes
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