Lafayette, LA Rental Market Trends

What is the average rent in Lafayette?

The average rent for an apartment in Lafayette is $1,083. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Lafayette, LA

Last updated July 2023

Average Rent	Average Apartment Size
$1,083	910 sq. ft.

What is the average apartment size in Lafayette?

The average size for a Lafayette, LA apartment is 910 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Lafayette, LA apartment rent ranges

Lafayette, LA Occupied Housing Units

22,447 or 44% of the households in Lafayette, LA are renter-occupied while 28,881 or 56% are owner-occupied.

Lafayette, LA rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Lafayette, LA By Neighborhood

Neighborhood	Average Rent
Broussard	$1,501
Youngsville	$1,325

Lafayette | Rent Comparison by Neighborhood

Rent in Broussard is 13% higher than in Youngsville

$1,501

Broussard rent is 39% higher than Lafayette average

Average Rent $1,501

$1,325

Youngsville rent is 22% higher than Lafayette average

Average Rent $1,325

How Lafayette Compares to Other Cities

City	Average Rent
Baton Rouge	$1,219
New Orleans	$1,357
Lafayette	$1,083
Shreveport	$1,345
Hammond	$1,200
Slidell	$1,305
Lake Charles	$1,001
DeRidder	$776
Alexandria	$957
Covington	$1,341
Gonzales	$1,381
Abbeville	$743
Broussard	$1,501
Crowley	$669
Maurice	$1,084
Youngsville	$1,325