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Lafayette, LA Real Estate

Lafayette is a city in Lafayette County, Louisiana with a population of about 121,537. The median home value is near $251,300, and median rent runs around $1,065/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$251,300
Median Rent
$1,065/mo
Population
121,537
Median Income
$61,454
Median Age
37.1
Homeownership
55%

Monthly payment on a median Lafayette home

Example for a $251,300 home: 20% down, 30-yr at ~6.75%, LA property tax ~0.56%, 0.4% insurance.

Est. monthly (PITI)
$1,505
Principal & interest
$1,304
Property tax / mo
$117
Down payment (20%)
$50,260

Lafayette at a glance

  • 27.1% of residents 25+ hold a bachelor's degree or higher.
  • 55% of occupied homes are owner-occupied.
  • Median household income is $61,454.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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