Lafayette County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Lafayette County is about $472 per month. This puts it in the 1st percentile compared to the state average cost of rent, which is $847. Households in Lafayette County have a median income of $3,398 per month so the average renter in Lafayette County is spending roughly 14% of their earnings on housing.
Nationally, and in Lafayette County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lafayette County is $56,890 right now, which is lower than nearby counties, meaning that rents in Lafayette County also tend to be lower versus these nearby counties.
Higher rent prices are common in the northwestern parts of Lafayette County while lower rent rates are often available in western areas.
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