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These days, finding an affordable place to live in the West Lafayette area can be challenging. Home prices in West Lafayette are now at a median cost of $306,865, higher than the Indiana average of $232,932.
The average cost of rent is $1,220/mo in West Lafayette, primarily driven by the current value of real estate in the West Lafayette area. In West Lafayette, 57.92% of households rent, and 38.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Lafayette is $5,269 per month. Households that rent pay about 23.15% of their income on rent here. West Lafayette’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ravinamy, IN: equally priced homes
- Lafayette, IN: less expensive homes
- Delp, IN: equally priced homes
- Cairo, IN: less expensive homes
- Shadeland, IN: less expensive homes
- Montmorenci, IN: less expensive homes
- Battle Ground, IN: less expensive homes
- Otterbein, IN: less expensive homes
- Westpoint, IN: equally priced homes
- Dayton, IN: less expensive homes
Cities with Similar Populations
- Bayonne, NJ: higher priced homes
- Lilburn, GA: higher priced homes
- Hendersonville, TN: higher priced homes
- Brick, NJ: higher priced homes
- Euless, TX: higher priced homes
- Maple Grove, MN: higher priced homes
- Dale City, VA: higher priced homes
- Council Bluffs, IA: less expensive homes
- White Plains, NY: higher priced homes
- Burleson, TX: higher priced homes
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