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Average Rent in Lafayette 70503 & Rent Trends

Rent prices and market trends across 3 apartment communities in Lafayette 70503, Lafayette, LA. Updated daily.

Market Average

$1,317/mo

▼ 6.2% from last month

Lowest Available

$950/mo

cheapest unit on market

Communities

3

tracked daily

Units Listed

19

available now

Lafayette 70503 vs Lafayette, LA Average

Lafayette 70503 is more expensive the Lafayette, LA average by $86/mo (7%). The citywide average is $1,231/mo across all neighborhoods.

Is Rent Going Up or Down in Lafayette 70503?

As of June 2026, the average rent in Lafayette 70503 is $1,317 per month across 3 apartment communities and 19 available units. Rents have decreased $90 (6.2%) over the past month.

The most affordable option is Frontline Management Group starting at $950/mo. By unit type, a 2-bedroom averages $1,317/mo.

Prices range from $950 to $1,595 per month. The most common price point is the $1,200 range, where 10 units are currently listed.

Lafayette 70503 Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Lafayette 70503

2 Bed
$1,317
from $950 · 19 units

Rent Prices by Apartment in Lafayette 70503

Property Starting at Average Units Rating
Frontline Management Group $950/mo $1,165/mo 3 5
Peppertree Apartment Homes $1,070/mo $1,212/mo 5 3.8
Chateau Des Lions Apartment Homes $1,305/mo $1,407/mo 11 4.5

Frequently Asked Questions About Rent in Lafayette 70503

What is the average rent in Lafayette 70503?

The average rent in Lafayette 70503 is $1,317 per month as of June 2026, based on 19 units across 3 apartment communities.

Is rent going up or down in Lafayette 70503?

Rent in Lafayette 70503 has decreased $90 (6.2%) over the past month. The current average is $1,317/mo.

What is the cheapest apartment in Lafayette 70503?

The most affordable apartment in Lafayette 70503 is Frontline Management Group with units starting at $950/mo.

How many apartments are available in Lafayette 70503?

There are 19 units available across 3 apartment communities 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

$53,000/year

Based on the 30 percent rule, using our tracked average rent of $1,317/mo.

Comfortable income

$63,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($950/mo), you need to earn at least $38,000/year.

Median household income in Lafayette 70503 is $61,454 , about 3% below 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) $1,317
Utilities $259
Groceries $502
Transportation $618
Healthcare $302
Other goods and services $483
Estimated total $3,481/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.

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