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Lafayette, CO Real Estate


According to census data in the year 2000 there were 9,166 housing units in Lafayette. This represents a 58.7% growth from 5,775 in 1990.

Of those housing units, 9,150 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.

Homeownership rate in Lafayette is about 76.1%. Lafayette's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Lafayette were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom8.80%
Two Bedrooms26.10%
Three Bedrooms41.40%
Four Bedrooms18.80%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1986
Median Value of occupied units$193,700
Median Price asked for vacant units$196,900

Rented Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1982
Median Monthly Rent asked for vacant units$1,087

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage14.40%
Home Equity Loan11.40%
Simple Mortgage64.10%
Debt Free9.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%