Lafe, AR Real Estate

According to census data in the year 2000 there were 147 housing units in Lafe. This represents a 24.6% growth from 118 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 147 were located in what is classified as a rural area.

Homeownership rate in Lafe is about 87.9%. Lafe's vacancy rate, including seasonal lodging, is about 10.2%. Average household size is 3.05 people.

The majority of houses, apartments or condos in Lafe were built after 1973.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.40%
Two Bedrooms38.10%
Three Bedrooms48.30%
Four Bedrooms8.20%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.1
Median year structure was built1975
Median Value of occupied units$44,400
Median Price asked for vacant units$82,500

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1964
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan3.70%
Simple Mortgage57.30%
Debt Free39%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%