Lafayette, LA housing market
Typical home value
$225K
▲ 1.9% 1 yr
Typical rent
$1,329/mo
▲ 0.5% 1 yr
Gross rent yield
7.1%
U.S. 6.3%
5-year home value change
+4%
U.S. +20%
Key takeaways
- 1The typical home in Lafayette is worth $224,537, up 1.9% over the past year and up 4% over five years.
- 2Typical rent is $1,329 a month (+0.5% YoY), a gross rent yield of 7.1% (below the Lafayette, LA metro's 8.3%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,234/mo, $95 less than typical rent.
- 4Zillow forecasts the Lafayette, LA metro's home values to change +0.9% over the next 12 months.
Market temperature (Lafayette, LA metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 47/100, #181 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Lafayette compares
| Measure | Lafayette | Lafayette, LA metro | United States |
|---|---|---|---|
| Typical home value | $224,537 | $200,358 | $366,157 |
| Home value, 1-yr change | +1.9% | +2.8% | +1.2% |
| Typical rent | $1,329 | $1,385 | $1,932 |
| Rent, 1-yr change | +0.5% | +1.3% | +2.7% |
| Gross rent yield | 7.1% | 8.3% | 6.3% |
| Price-to-rent ratio | 14.1 | 12.1 | 15.8 |
| Mortgage P&I, typical home | $1,234 | $1,101 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Lafayette rental, pre-filled.
Rent vs buy in Lafayette
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $225K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.