La Fayette, AL Real Estate
According to census data in the year 2000 there were 1,292 housing units in La Fayette.
This represents a 4.5% growth from 1,236 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,292 were located in what is classified as a rural area.
Homeownership rate in La Fayette is about 69.4%.
La Fayette's vacancy rate, including seasonal lodging, is about 9.5%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in La Fayette were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1963|
|Median Value of occupied units||$51,600|
|Median Price asked for vacant units||$24,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.94|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$200|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.7%|