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Lafayette, IN

Full City Profile · Indiana · Tippecanoe County County

3.2 /5.0
B Good
70,650 Population 2,326/sq mi density
$52,946 Median Income $30,181 per capita
$157,600 Home Value $259,342 Zillow
$1,039 Median Rent 30.4% income on rent
51°F Avg Temperature 275 sunny days/yr
485 Violent Crime/100K 3,290 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$52,946 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$157,600 home value, $1,039/mo rent
F
Safety
1.0 / 5.0
485 violent crimes/100K (28% above avg)
B
Education
3.2 / 5.0
28.1% bachelor's degree or higher

Housing Overview

Median Home Value
$157,600
44% below
US avg: $281,900
Median Rent
$1,039/mo
11% below
US avg: $1,163/mo
Homeownership Rate
47.6%
27% below US avg (65.4%)
Total Housing Units
33,783
Median year built: 1969

Home Value by Source

Census Median
$157,600
Zillow (ZHVI)
$259,342
Median Sale Price
$220,000
Median List Price
$249,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.6%
Owner-Occupied
52.4%
Renter-Occupied
48%
52%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $1,039/mo · Zillow rent: $1,209/mo

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
47
Price Drops
32.9%
of listings with price reduction
Price Per Sq Ft
$156
Active Inventory
82
homes for sale

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
47.6%

Complete Housing Data

Home Values

Census Median Value$157,600
Zillow Home Value (ZHVI)$259,342
Median Sale Price$220,000
Median List Price$249,900
Price Per Sq Ft$156

Rent

Census Median Rent$1,039
Zillow Rent (ZORI)$1,209
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market31
Sale-to-List Ratio1.0%
Price Drops32.9%
Homes Sold47
Active Inventory82
Price Per Sq Ft$156

Ownership & Stock

Owner-Occupied47.6%
Renter-Occupied52.4%
Homeownership Rate47.6%
Total Housing Units33,783
Median Year Built1969
Rent Burden30.4%