housing costs · Louisiana
Housing costs in Lafayette Parish
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,057 | ± $25 | evidence → |
| 2019–2023 | $1,022 | ± $31 | evidence → |
| 2018–2022 | $986 | ± $18 | evidence → |
| 2017–2021 | $919 | ± $20 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $242,900 | ± $4,823 | evidence → |
| 2019–2023 | $234,200 | ± $4,659 | evidence → |
| 2018–2022 | $222,400 | ± $4,640 | evidence → |
| 2017–2021 | $195,300 | ± $3,846 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 31.3 % | ± 2.5 % | evidence → |
| 2019–2023 | 30.2 % | ± 2.2 % | evidence → |
| 2018–2022 | 30.3 % | ± 2.0 % | evidence → |
| 2017–2021 | 30.3 % | ± 1.8 % | evidence → |
In context
Median rent in Lafayette Parish is $1,057, above the Louisiana median of $848 across 64 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.