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Lafayette, LA
Full City Profile · Louisiana · Lafayette Parish County
3.3
/5.0
B
Good
121,537
Population
2,163/sq mi density
$61,454
Median Income
$39,861 per capita
$251,300
Home Value
$219,057 Zillow
$1,065
Median Rent
30.1% income on rent
71°F
Avg Temperature
315 sunny days/yr
524
Violent Crime/100K
4,305 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$61,454 median income, 3.2% unemployment
A
Affordability
4.4 / 5.0
$251,300 home value, $1,065/mo rent
F
Safety
1.0 / 5.0
524 violent crimes/100K (38% above avg)
A
Education
4.2 / 5.0
40.6% bachelor's degree or higher
Housing Overview
Median Home Value
$251,300
11% below
US avg: $281,900
Median Rent
$1,065/mo
8% below
US avg: $1,163/mo
Homeownership Rate
55.0%
16% below US avg (65.4%)
Total Housing Units
58,144
Median year built: 1981
Home Value by Source
Census Median
$251,300
Zillow (ZHVI)
$219,057
Median Sale Price
$256,640
Median List Price
$247,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.0%
Owner-Occupied
45.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$779/mo
1 Bedroom
$898/mo
2 Bedroom
$1,019/mo
3 Bedroom
$1,301/mo
4 Bedroom
$1,581/mo
Census median rent:
$1,065/mo
· Zillow rent:
$1,279/mo
Market Indicators (Redfin)
Median Days on Market
78 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
107
Price Drops
23.2%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
564
homes for sale
Affordability & Housing Stock
Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
55.0%
Complete Housing Data
Home Values
| Census Median Value | $251,300 |
| Zillow Home Value (ZHVI) | $219,057 |
| Median Sale Price | $256,640 |
| Median List Price | $247,750 |
| Price Per Sq Ft | $154 |
Rent
| Census Median Rent | $1,065 |
| Zillow Rent (ZORI) | $1,279 |
| FMR Studio | $779 |
| FMR 1-Bedroom | $898 |
| FMR 2-Bedroom | $1,019 |
| FMR 3-Bedroom | $1,301 |
| FMR 4-Bedroom | $1,581 |
Market
| Days on Market | 78 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.2% |
| Homes Sold | 107 |
| Active Inventory | 564 |
| Price Per Sq Ft | $154 |
Ownership & Stock
| Owner-Occupied | 55.0% |
| Renter-Occupied | 45.0% |
| Homeownership Rate | 55.0% |
| Total Housing Units | 58,144 |
| Median Year Built | 1981 |
| Rent Burden | 30.1% |