2026 Affordability Data
Most Affordable Neighborhoods in Lafayette - 2026 Data
The median home value in Lafayette is $234,900, 17% below nat'l avg. Median rent is $664/month. With an affordability index of 207, Lafayette is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Lafayette, LA area.
Key Takeaways: Affordability in Lafayette
- 1The most affordable neighborhood in Lafayette is New Iberia, with a median home value of $150,600.
- 2Lafayette's median home value is $234,900, 17% below nat'l avg (national: $281,900).
- 3Lafayette's affordability index is 207 (baseline 100), making it more affordable than the national average.
- 4Median rent in Lafayette is $664/month, 43% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Lafayette to find the most affordable areas based on home values, rent, and affordability index.
Lafayette Affordability Overview
Median Home Value
$234,900
17% below nat'l avg
Median Rent
$664/mo
43% below nat'l avg
Median Income
$58,850
21% below nat'l avg
Affordability Index
207
107% above nat'l avg
Most Affordable Neighborhoods in Lafayette (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | New IberiaLA | $150,600 |
| 2 | RustonLA | $208,000 |
| 3 | AbbevilleLA | $98,700 |
| 4 | MindenLA | $119,500 |
| 5 | Bossier CityLA | $187,000 |
| 6 | CentralLA | $265,600 |
| 7 | BakerLA | $138,800 |
| 8 | KennerLA | $229,000 |
| 9 | CovingtonLA | $283,600 |
| 10 | ShreveportLA | $168,900 |
| 11 | Morgan CityLA | $147,700 |
| 12 | BogalusaLA | $106,500 |
| 13 | JenningsLA | $129,500 |
| 14 | BastropLA | $85,600 |
| 15 | NatchitochesLA | $175,200 |
Detailed Neighborhood Profiles
Home Value: $150,600
Rent: $664/mo
Affordability: 207
Population: 28,363
Home Value: $208,000
Rent: $664/mo
Affordability: 207
Population: 22,282
Home Value: $98,700
Rent: $664/mo
Affordability: 207
Population: 11,213
4
Home Value: $119,500
Rent: $664/mo
Affordability: 207
Population: 11,789
5
Home Value: $187,000
Rent: $664/mo
Affordability: 207
Population: 62,971
6
Home Value: $265,600
Rent: $664/mo
Affordability: 207
Population: 29,518
7
Home Value: $138,800
Rent: $664/mo
Affordability: 207
Population: 12,463
8
Home Value: $229,000
Rent: $664/mo
Affordability: 207
Population: 65,785
9
Home Value: $283,600
Rent: $664/mo
Affordability: 207
Population: 11,444
10
Home Value: $168,900
Rent: $664/mo
Affordability: 207
Population: 186,183
11
Home Value: $147,700
Rent: $664/mo
Affordability: 207
Population: 11,373
12
Home Value: $106,500
Rent: $664/mo
Affordability: 207
Population: 10,689
13
Home Value: $129,500
Rent: $664/mo
Affordability: 207
Population: 9,819
14
Home Value: $85,600
Rent: $664/mo
Affordability: 207
Population: 9,623
15
Home Value: $175,200
Rent: $664/mo
Affordability: 207
Population: 17,908
Frequently Asked Questions About Affordability in Lafayette
What is the most affordable neighborhood in Lafayette, LA?▾
Based on 2026 data, New Iberia is the most affordable neighborhood in Lafayette with a median home value of $150,600. Kurby analyzed 15 neighborhoods in the Lafayette area to compile these rankings.
What is the median home price in Lafayette, LA?▾
The median home price in Lafayette is $234,900, which is 17% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Lafayette affordable compared to the national average?▾
Lafayette has an affordability index of 207, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Lafayette, LA?▾
The median monthly rent in Lafayette is $664. This is 43% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Lafayette?▾
The median household income in Lafayette is $58,850 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Lafayette are below the national average home price?▾
14 out of 15 ranked neighborhoods in Lafayette have a median home value below the national average of $281,900. The most affordable is New Iberia at $150,600 (Source: Kurby, 2026).