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Updated

Average Rent in Lafayette LA

10 apartment buildings, 163 units. Real asking prices, refreshed daily.

Avg Rent

$1,208/mo

Cheapest

$800/mo

Properties

10

Units

163

Analysis

Rent Price Breakdown

Compare pricing across all 10 properties in Lafayette LA.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Lafayette LA Rent Prices

All 10 properties ranked by lowest available rent.

Explore Each Property

Lafayette LA Average Rent Prices 2026

The average rent in Lafayette LA is $1,208 per month, based on 163 units across 10 apartment communities. Prices range from $800 at Frontline Management Group to $1,170 at Chateau Des Lions Apartment Homes.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,013/mo $900/mo 2
1 Bed $1,081/mo $805/mo 81
2 Bed $1,276/mo $800/mo 69
3 Bed $1,749/mo $1,570/mo 11

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Lafayette LA, and what they pay

Tracked one-bedroom rent in Lafayette LA averages $1,081/mo, with two-bedroom units averaging $1,276/mo. At the local median household income of $61,454, that works out to 24% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Lafayette LA at $1,065/mo. The current tracked market average runs 13% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Lafayette LA while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Lafayette LA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$48,000/year

30 percent rule -- using our average rent of $1,208/mo.

Comfortable income

$58,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($800/mo), you need to earn at least $32,000/year.

Median household income in Lafayette LA is $61,454 , about 6% above the comfortable-living threshold.

Cost of living in Lafayette LA

Overall prices in Lafayette LA runs below the national average by about 12% (BEA Regional Price Parity index 87.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lafayette LA's regional price parities.

Category Monthly estimate
Rent (market average) $1,208
Utilities $259
Groceries $502
Transportation $618
Healthcare $302
Other goods and services $483
Estimated total $3,372/mo

Population

121,537

Median household income

$61,454

Census median rent

$1,065/mo

Rent as % of income

30.1%

Median age

37.1

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in Louisiana

How Lafayette LA rent compares to other markets in the state.

City Avg Rent vs Lafayette LA Properties
New Orleans, LA $2,059 +70% 14
Baton Rouge, LA $1,461 +21% 13
Shreveport, LA $1,158 -4% 9

Frequently asked questions

What is the average rent in Lafayette LA?

The average rent in Lafayette LA is $1,208 per month, based on 163 units across 10 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in Lafayette LA?

The lowest available rent in Lafayette LA starts at $800 per month. Availability changes daily as leasing data is refreshed each morning.

How much is a 1-bedroom apartment in Lafayette LA?

1-bedroom apartments in Lafayette LA average $1,081/mo. The lowest listed 1-bedroom starts at $805/mo across 81 units tracked.

How much is a 2-bedroom apartment in Lafayette LA?

2-bedroom apartments in Lafayette LA average $1,276/mo. Units start from $800/mo across 69 units currently listed.

Rent Trends in Lafayette LA

Track how apartment prices are changing over time.

View Rent Trends
Adding new buildings daily

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