What percentage of people rent in Lafayette, IN?

Name: Renters and owners in Lafayette, IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

53.3% (±1.9 points) of the occupied homes in Lafayette, IN are rented (2020–2024 American Community Survey).

That is 17,191 renting households against 15,051 that own their home.

In Lafayette, the share of households that rent went from 51.4% in 2015–2019 to 53.3% in 2020–2024 (+1.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 53.3% (±1.9 points)
Renting households: 17,191 (±684)
Median renter income: $42,158 (±$2,371)

Who rents and who owns in Lafayette

Tenure, estimate (90% margin of error)
	Lafayette	Tippecanoe County	Indiana	United States
Renter-occupied share	53.3% (±1.9 points)	46.6% (±1.2 points)	29.4% (±0.3 points)	34.8%
Renting households	17,191 (±684)	35,338 (±1,030)	799,766 (±7,038)	45,017,354
Owning households	15,051 (±678)	40,470 (±898)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.1 (±0.1)	2.0 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.3 (±0.1)	2.5 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$42,158 (±$2,371)	$36,674 (±$1,510)	$42,811 (±$480)	$52,966
Median owner household income	$72,129 (±$3,958)	$90,073 (±$3,014)	$87,459 (±$395)	$100,009

In Lafayette, the renter share is higher than in Tippecanoe County (46.6%).

It is also higher than in Indiana (29.4%).

It is higher than the national figure (34.8%).

In Tippecanoe County, Lafayette ranks 4 of 19 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 23 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lafayette has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	51.4% (±1.7 points)	53.3% (±1.9 points)	+1.9 percentage points	Not a measurable change
Median gross rent	$817 (±$17)	$1,079 (±$19)	+32.1%	Up after inflation
Median household income	$46,374 (±$1,214)	$53,716 (±$2,765)	+15.8%	Down after inflation

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.

Households that rent in places near Lafayette

Nearest places with a published estimate, compared with Lafayette
Place	Distance	Households that rent	Compared with this place
Lafayette	—	53.3% (±1.9 points)	—
Fairfield Township (Tippecanoe County)	2.1 mi	55.4% (±2.3 points)	Not measurably different
Wea Township	3.5 mi	33.3% (±3.4 points)	Lower
West Lafayette	4.4 mi	70.6% (±2.6 points)	Higher
Dayton	5.0 mi	18.6% (±6.6 points)	Lower
Perry Township (Tippecanoe County)	6.2 mi	23.2% (±6.3 points)	Lower
Sheffield Township	6.4 mi	22.2% (±15.1 points)	Lower
Shadeland	6.5 mi	18.8% (±8.4 points)	Lower
Union Township (Tippecanoe County)	6.5 mi	18.8% (±8.4 points)	Lower

Nearby places with a measurably lower figure: Wea Township, IN (33.3%), Dayton, IN (18.6%), Perry Township (Tippecanoe County), IN (23.2%).

Nearby places with a measurably higher figure: West Lafayette, IN (70.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Tippecanoe County, place by place

Rank	Place	Households that rent
1	West Lafayette	70.6% (±2.6 points)
2	Wabash Township (Tippecanoe County)	63.9% (±2.2 points)
3	Fairfield Township (Tippecanoe County)	55.4% (±2.3 points)
4	Lafayette	53.3% (±1.9 points)
5	Wea Township	33.3% (±3.4 points)
6	Clarks Hill	27.3% (±17.5 points)
7	Perry Township (Tippecanoe County)	23.2% (±6.3 points)
8	Sheffield Township	22.2% (±15.1 points)
9 (tie)	Shadeland	18.8% (±8.4 points)
9 (tie)	Union Township (Tippecanoe County)	18.8% (±8.4 points)

Showing 10 of 19 places in Tippecanoe County, ranked from highest to lowest.

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

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).

Is renting growing in Lafayette?

In Lafayette, the share of households that rent went from 51.4% in 2015–2019 to 53.3% in 2020–2024 (+1.9 percentage points), not a measurable change.

How big are renting households in Lafayette?

A renting household in Lafayette has 2.1 people on average, against 2.3 in an owned home.

How much do renters earn in Lafayette?

The median renting household in Lafayette, IN has an income of $42,158 (±$2,371) a year, against $72,129 for households that own their home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.