Lafayette, LA Real Estate
According to census data in the year 2000 there were 46,840 housing units in Lafayette.
This represents a 16% growth from 40,379 in 1990.
Of those housing units, 46,729 were located in either urbanized areas or urban clusters, and 111 were located in what is classified as a rural area.
Homeownership rate in Lafayette is about 58.3%.
Lafayette's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Lafayette were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.68|
|Median year structure was built||1972|
|Median Value of occupied units||$103,700|
|Median Price asked for vacant units||$92,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.09|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$414|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||5.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.3%|