Lafayette, IN Real Estate
According to census data in the year 2000 there were 25,541 housing units in Lafayette.
This represents a 32.6% growth from 19,259 in 1990.
Of those housing units, 25,361 were located in either urbanized areas or urban clusters, and 180 were located in what is classified as a rural area.
Homeownership rate in Lafayette is about 52.6%.
Lafayette's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Lafayette were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.57|
|Median year structure was built||1960|
|Median Value of occupied units||$89,700|
|Median Price asked for vacant units||$125,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.02|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$518|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||10.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17%|