Housing data for Lafayette, IN
Lafayette, IN has an estimated 71,159 residents and 34,079 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Tippecanoe County.
53.3% of households rent.
The median gross rent is $1,079 a month.
Its population shrank measurably since 2015–2019 (−2.0%).
Figures last updated on .
- Residents
- 71,159 (±236)
- Housing units
- 34,079 (±667)
- Households that rent
- 53.3%
- Median gross rent
- $1,079
- Residents since 2015–2019
- −2.0%
What stands out in Lafayette
Median home value: $172,800 (±$6,485) in Lafayette, lower than in Tippecanoe County ($239,300).
Homes built before 1980: 58.5% (±3.0 points) in Lafayette, higher than in Tippecanoe County (42.8%).
Median real estate taxes: $1,117 (±$71) in Lafayette, lower than in Tippecanoe County ($1,474).
Working from home: 8.0% (±1.4 points) in Lafayette, lower than in Tippecanoe County (11.1%).
- Home values in Lafayette
- Age of homes in Lafayette
- Property taxes in Lafayette
- Commute and cars in Lafayette
Housing in Lafayette at a glance
- Median rent: $1,079 median gross rent a month
- Rent by bedrooms: $1,105 median gross rent, 2 bedrooms
- Rent burden: 52.7% of renters pay 30% or more of income
- Renters and owners: 53.3% of households rent
- Income and affordability: $53,716 median household income
- Home values: $172,800 median home value
- Homeowner costs: $1,110 median monthly cost with a mortgage
- Property taxes: $1,117 median real estate taxes a year
- Types of homes: 24.3% of homes are in buildings of 5 or more units
- Bedrooms: 50.9% of homes have 3 or more bedrooms
- Age of homes: 58.5% of homes were built before 1980
- Vacancy rate: 4.2% rental vacancy rate
- Heating fuel: 61.1% heat with utility gas
- Commute and cars: 16.4 minutes average trip to work
- Crime reported to police: 396 violent crimes per 100,000 residents
- Growth: −2.0% residents since 2015–2019
- How long people stay: 34.2% moved in since 2020
- Crowding and facilities: 2.9% of homes have more than 1 person per room
Lafayette against Tippecanoe County, its state and the nation
| Lafayette | Tippecanoe County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 71,159 (±236) | 189,071 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 34,079 (±667) | 80,647 (±159) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 53.3% (±1.9 points) | 46.6% (±1.2 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $1,079 (±$19) | $1,124 (±$18) | $1,062 (±$5) | $1,413 |
| Median household income | $53,716 (±$2,765) | $60,636 (±$1,807) | $71,957 (±$352) | $80,734 |
| Median home value | $172,800 (±$6,485) | $239,300 (±$5,837) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $1,117 (±$71) | $1,474 (±$45) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 58.5% (±3.0 points) | 42.8% (±1.8 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 16.4 minutes (±0.7) | 17.9 minutes (±0.5) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 91.4% (±1.5 points) | 91.3% (±1.0 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 33.0 years (±1.0) | 28.8 years (±0.3) | 38.1 years (±0.2) | 38.9 years |
Lafayette covers 30.4 square miles of land, about 2,343 residents per square mile (Census Bureau Gazetteer).
How Lafayette has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 72,581 (±215) | 71,159 (±236) | −2.0% | Measurable decrease |
| Housing units | 33,950 (±643) | 34,079 (±667) | +0.4% | Not a measurable change |
| Median gross rent | $817 (±$17) | $1,079 (±$19) | +32.1% | Up after inflation |
| Median home value | $114,800 (±$3,330) | $172,800 (±$6,485) | +50.5% | Up after inflation |
| Median household income | $46,374 (±$1,214) | $53,716 (±$2,765) | +15.8% | Down after inflation |
| Median owner cost with a mortgage | $966 (±$26) | $1,110 (±$31) | +14.9% | Down after inflation |
| Median real estate taxes | $886 (±$35) | $1,117 (±$71) | +26.1% | No measurable change after inflation |
| Households that rent | 51.4% (±1.7 points) | 53.3% (±1.9 points) | +1.9 percentage points | Not a measurable change |
| Rental vacancy rate | 4.4% (±1.5 points) | 4.2% (±1.3 points) | −0.2 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lafayette
In 2025, the Lafayette Police Department reported 396 violent and 1,669 property crimes per 100,000 residents to the FBI.
ZIP codes in Lafayette
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 47901 | 100% | 4,585 | $1,036 | $256,500 | $47,206 |
| 47904 | 79% | 16,257 | $996 | $133,100 | $51,687 |
| 47905 | 13% | 42,219 | $1,107 | $235,600 | $65,861 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Lafayette
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Fairfield Township (Tippecanoe County) | 2.1 mi | $1,043 | $169,600 | 55.4% |
| Wea Township | 3.5 mi | $1,144 | $223,300 | 33.3% |
| West Lafayette | 4.4 mi | $1,225 | $350,000 | 70.6% |
| Dayton | 5.0 mi | $947 | $176,300 | 18.6% |
| Perry Township (Tippecanoe County) | 6.2 mi | $1,539 | $274,100 | 23.2% |
| Sheffield Township | 6.4 mi | $1,659 | $255,700 | 22.2% |
| Shadeland | 6.5 mi | $1,121 | $270,000 | 18.8% |
| Union Township (Tippecanoe County) | 6.5 mi | $1,121 | $270,000 | 18.8% |
Places in Indiana most like Lafayette
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Fairfield Township (Tippecanoe County) | $1,043 | $169,600 | $54,354 | 55.4% |
| Warsaw | $1,066 | $181,200 | $61,035 | 50.7% |
| Elkhart | $998 | $139,500 | $51,028 | 46.8% |
| Knight Township | $1,009 | $161,100 | $58,227 | 44.3% |
| New Albany | $1,026 | $180,500 | $54,710 | 44.6% |
| Greencastle | $908 | $169,200 | $55,565 | 57.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.
HUD Fair Market Rent for Lafayette, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $942 | $1,070 | $1,273 | $1,517 | $2,128 |
HUD income limits for Lafayette, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,950 | $34,850 | $55,800 |
| 2 people | $23,950 | $39,850 | $63,800 |
| 3 people | $27,320 | $44,800 | $71,750 |
| 4 people | $33,000 | $49,800 | $79,700 |
| 5 people | $38,680 | $53,800 | $86,100 |
| 6 people | $44,360 | $57,800 | $92,500 |
| 7 people | $50,040 | $61,800 | $98,850 |
| 8 people | $55,720 | $65,750 | $105,250 |
These are the limits HUD sets for its housing programs in the Lafayette-West Lafayette, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $100,000.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lafayette
What is the average rent in Lafayette, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Lafayette is $1,079 (±$19) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Lafayette?
The median gross rent for a one-bedroom home in Lafayette, IN is $928 (±$53) a month (2020–2024 American Community Survey).
Are renters in Lafayette rent-burdened?
52.7% of renting households in Lafayette pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Lafayette?
Lafayette has an estimated 17,191 (±684) renting households, 53.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Lafayette?
The median household income in Lafayette is $53,716 (±$2,765) a year (2020–2024 American Community Survey).
What is the average home value in Lafayette, IN?
The Census Bureau publishes the median: $172,800 (±$6,485) for owner-occupied homes in Lafayette (2020–2024 American Community Survey).
Is Lafayette growing?
In Lafayette, the number of residents went from 72,581 in 2015–2019 to 71,159 in 2020–2024 (−2.0%), a measurable decrease.
What ZIP codes are in Lafayette?
The ZIP codes that cover Lafayette are 47901, 47904, 47905.
What is the median rent in ZIP code 47901?
The median gross rent in ZIP Code Tabulation Area 47901 is $1,036 (±$73) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lafayette city, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lafayette city, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lafayette city, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lafayette city, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lafayette city, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lafayette city, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lafayette city, Indiana
- HUD Fair Market Rents, fiscal year 2027: Lafayette-West Lafayette, IN HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Lafayette-West Lafayette, IN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Lafayette Police Department (ORI IN0790100)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lafayette city, Indiana (place:40788, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .