Last updated
Average Rent in Lafayette 70503 & Rent Trends
Rent prices and market trends across 2 apartment communities in Lafayette 70503, Lafayette LA. Updated daily.
Market Average
$1,066/mo
Lowest Available
$910/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
40
available now
Lafayette 70503 vs Lafayette LA Average
Lafayette 70503 is cheaper the Lafayette LA average by $142/mo (12%). The citywide average is $1,208/mo across all neighborhoods.
Is Rent Going Up or Down in Lafayette 70503?
As of May 2026, the average rent in Lafayette 70503 is $1,066 per month across 2 apartment communities and 40 available units.
The most affordable option is Peppertree Apartment Homes starting at $910/mo. By unit type, a 1-bedroom averages $1,066/mo.
Prices range from $910 to $1,425 per month. The most common price point is the $800 range, where 21 units are currently listed.
Lafayette 70503 Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Lafayette 70503
Rent Prices by Apartment in Lafayette 70503
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Peppertree Apartment Homes | $910/mo | $1,012/mo | 33 | 3.8 |
| Chateau Des Lions Apartment Homes | $1,170/mo | $1,320/mo | 7 | 4.5 |
Google Search Trends for Lafayette 70503 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Lafayette 70503
What is the average rent in Lafayette 70503?
Is rent going up or down in Lafayette 70503?
What is the cheapest apartment in Lafayette 70503?
How much is a 1-bedroom apartment in Lafayette 70503?
How many apartments are available in Lafayette 70503?
What salary do I need to live comfortably in Lafayette 70503?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$43,000/year
30 percent rule -- using our average rent of $1,066/mo.
Comfortable income
$51,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($910/mo), you need to earn at least $36,000/year.
Median household income in Lafayette 70503 is $61,454 , about 20% above the comfortable-living threshold.
Cost of living in Lafayette 70503
Overall prices in Lafayette 70503 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 70503's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,066 |
| Utilities | $259 |
| Groceries | $502 |
| Transportation | $618 |
| Healthcare | $302 |
| Other goods and services | $483 |
| Estimated total | $3,230/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.
Explore Lafayette 70503 Apartments
Browse all 2 communities with daily-updated pricing and availability.