Lafayette, IN has a population of 72,174, while the median age is 32. The household income in Lafayette, IN is around $43,894. The homeownership rate among the residents is 47%. The median residential property value in Lafayette, IN that you should keep in mind is $105,300.
Population | 72,174 |
Median Age | 32.4 |
Poverty Rate | 19% |
Household Income | $43,894 |
Number Of Employees | 37,851 |
Median Property Value | $105,300 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $823 | -69.3% |
2-bed apartments | $2,332 | -42.6% |
3-bed apartments | $2,265 | -52.9% |
4+ bed apartments | $1,186 | -91.2% |
Over the May 2023, the average rent for an apartment in/near Lafayette, IN decreased by 57% to $1,896.
The average price for a rental studio in Lafayette, IN has remained the same as last month and equals $5,854. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 69.3% to $823. Pricing for 2-bed apartment also decreased by 42.6% and a place of this size will now cost you $2,332. 3-bed apartment rent pricing starts at $2,265, it decreased by 52.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 91.2% and made it down to $1,186.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $3,811 | -32.1% |
Apartments for rent | $938 | -67.4% |
The median rent for an apartment in Lafayette, IN decreased by 67.4% to $938. Statistics show that house rent price decreased by 32.1% this month making it up to $3,811. Condo for rent is now available for the same pricing as previously — $6,265. If you’re looking for a room, the price tag still starts at $525. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $3,225.