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These days, finding an affordable place to live in the Lake Lafayette area can be challenging. Home prices in Lake Lafayette are now at a median cost of $336,200, higher than the Missouri average of $246,641.
The average cost of rent is $1,030/mo in Lake Lafayette, primarily driven by the current value of real estate in the Lake Lafayette area. In Lake Lafayette, 1.00% of households rent, and 42.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Lafayette is $5,104 per month. Households that rent pay about 20.18% of their income on rent here. Lake Lafayette’s most expensive areas are in the central 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
- Odessa, MO: less expensive homes
- Bates City, MO: higher priced homes
- Chapel Hill, MO: higher priced homes
- Pittsville, MO: less expensive homes
- Columbus, MO: less expensive homes
- Sni Mills, MO: equally priced homes
- Mayview, MO: less expensive homes
- Oak Grove, MO: less expensive homes
- Lone Jack, MO: higher priced homes
- Kingsville, MO: less expensive homes
Cities with Similar Populations
- Richardson, WV: less expensive homes
- Mummasburg, PA: less expensive homes
- Munich, ND: less expensive homes
- Munson, FL: less expensive homes
- Murphy, WV: less expensive homes
- Nances Creek, AL: less expensive homes
- New Era, IA: equally priced homes
- Newburg, IL: less expensive homes
- Newport, OH: less expensive homes
- Norcatur, KS: less expensive homes
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