Last updated
Average Rent in Lafayette LA & Rent Trends
Rent prices and market trends across 4 apartment communities in Lafayette LA. Updated daily.
Market Average
$1,749/mo
▼ 12.8% from last month
Lowest Available
$1,570/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
11
available now
Rent by Neighborhood in Lafayette LA
Compare average rent across Lafayette LA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Lafayette 70508 | $1,323 | $1,100 | 2 | 44 |
| Lafayette 70507 | $1,218 | $977 | 1 | 19 |
| Lafayette 70503 | $1,190 | $800 | 3 | 76 |
| Lafayette 70501 | $1,178 | $1,065 | 1 | 10 |
| Lafayette 70506 | $948 | $805 | 3 | 14 |
Is Rent Going Up or Down in Lafayette LA?
As of May 2026, the average rent in Lafayette LA is $1,749 per month across 4 apartment communities and 11 available units. Rents have decreased $183 (12.8%) over the past month.
The most affordable option is Chateau Des Lions Apartment Homes starting at $1,570/mo. By unit type, a 3-bedroom averages $1,749/mo.
Prices range from $1,570 to $2,073 per month. The most common price point is the $1,600 range, where 9 units are currently listed.
Lafayette LA Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Lafayette LA
Rent Prices by Apartment in Lafayette LA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Chateau Des Lions Apartment Homes | $1,570/mo | $1,741/mo | 7 | 4.5 |
| Audubon Lake Apartment Homes | $1,620/mo | $1,620/mo | 2 | 4.3 |
| The Reserve at Couret Farms | $1,740/mo | $1,740/mo | 1 | 4.3 |
| Main Street River Ranch Apartments | $2,073/mo | $2,073/mo | 1 | 4.4 |
Google Search Trends for Lafayette LA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Lafayette LA
What is the average rent in Lafayette LA?
Is rent going up or down in Lafayette LA?
What is the cheapest apartment in Lafayette LA?
How many apartments are available in Lafayette LA?
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
$70,000/year
30 percent rule -- using our average rent of $1,749/mo.
Comfortable income
$84,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,570/mo), you need to earn at least $63,000/year.
Median household income in Lafayette LA is $61,454 , about 27% below 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) | $1,749 |
| Utilities | $259 |
| Groceries | $502 |
| Transportation | $618 |
| Healthcare | $302 |
| Other goods and services | $483 |
| Estimated total | $3,913/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 LA Apartments
Browse all 4 communities with daily-updated pricing and availability.