Lafayette, LA—70503

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$275,000

0.9% YoY Growth

Household Income

$94,400

31.3% YoY Growth

Days on Market

16.0% Shorter YoY

Home Price Forecast

-2.4%

Median Rent

$1,650

12.2% YoY Growth

1-Bed Rent

$975

10.2% YoY Growth

2-Bed Rent

$1,350

13.7% YoY Growth

3-Bed Rent

$1,800

9.0% YoY Growth

Other Zip Codes in Lafayette, LA

70501 70507 70506 70508

Home Price Trends — Lafayette, LA

As of Dec '25, the median home price in Lafayette, LA is $275,000, with a year-over-year change of -0.9%. This indicates that home prices in Lafayette, LA are flat. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$275,000	-0.9%
Single Family	$279,000	-1.1%
Condos	$125,000	12.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,660
Studio Rent	N/A	N/A
1 Bed Rent	$975	$994
2 Bed Rent	$1,350	$1,410
3 Bed Rent	$1,800	$1,930
4 Bed Rent	$2,200	$2,260

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$347,000	-2.0%
Listing Count	140	-13.0%
Listings as % of Homes	0.9%	-13.0%
Days on Market	82	-16.0%

Metric	Latest Census	YoY % Change
Population	28,900	-6.7%
% Under 18	22.8%	15.2%
% Seniors	17.5%	25.9%
% WFH	12.9%	214.6%
% w/ College Degree	55.5%	11.2%

Metric	Latest Census	5-Year % Change
% White	74.1%	-10.2%
% Black	10.5%	12.9%
% Hispanic	8.3%	277.3%
% Asian	3.4%	-8.1%
% Foreign Born	5.9%	43.9%

Metric	Zip Code Average
Total Loan Originations	423
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	13.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

Lafayette, LA—70503

Key Metrics at a Glance

Other Zip Codes in Lafayette, LA

Home Price Trends — Lafayette, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lafayette, LA

% of Rental Stock

Property Listings — Lafayette, LA

Demographics — Lafayette, LA

Race and Ethnicity

Mortgage and Risk — Lafayette, LA

Mortgages

Rentals and Section 8 — Lafayette, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lafayette, LA

Home Price to Income Ratio

Lafayette, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lafayette, LA

Lafayette, LA

Lafayette, LA

Youngsville, LA

Scott, LA

Frequently Asked Questions

Total Units under HUD	253
Total Units Section 8	253
% Rentals under Section 8	6.5%
% Occupied Section 8	89.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$95	$975	$1,070
2 Bedroom	-$140	$1,350	$1,210
3 Bedroom	-$280	$1,800	$1,520
4 Bedroom	-$200	$2,200	$2,000

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$275,000
Median Household Income	$94,400

Lafayette, LA—70503

Key Metrics at a Glance

Other Zip Codes in Lafayette, LA

Home Price Trends — Lafayette, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lafayette, LA

% of Rental Stock

Property Listings — Lafayette, LA

Demographics — Lafayette, LA

Race and Ethnicity

Mortgage and Risk — Lafayette, LA

Mortgages

Rentals and Section 8 — Lafayette, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lafayette, LA

Home Price to Income Ratio

Lafayette, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Lafayette, LA

Lafayette, LA

Lafayette, LA

Youngsville, LA

Scott, LA

Frequently Asked Questions

What is the average home price in Lafayette, LA 70503?

How have home prices in Lafayette, LA 70503 changed over the past year?

What is the home price projection for Lafayette, LA 70503?

What are the demographics of Lafayette, LA 70503?

How long does it take homes to sell in Lafayette, LA 70503?

What is the average rent price in Lafayette, LA 70503?