Housing data for Lafayette, MN
Lafayette, MN has an estimated 484 residents and 207 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Nicollet County.
15.9% of households rent.
The median gross rent is $980 a month.
Figures last updated on .
- Residents
- 484 (±85)
- Housing units
- 207 (±37)
- Households that rent
- 15.9%
- Median gross rent
- $980
- Residents since 2015–2019
- −14.3%
What stands out in Lafayette
Homes built before 1980: 85.9% (±15.1 points) in Lafayette, higher than in Nicollet County (51.8%).
Working from home: 4.6% (±2.9 points) in Lafayette, lower than in Nicollet County (13.3%).
Median home value: $155,800 (±$9,548) in Lafayette, lower than in Nicollet County ($270,300).
Homes in buildings of 5 or more units: 6.2% (±5.4 points) in Lafayette, lower than in Nicollet County (14.9%).
- Age of homes in Lafayette
- Commute and cars in Lafayette
- Home values in Lafayette
- Types of homes in Lafayette
Housing in Lafayette at a glance
- Median rent: $980 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $1,056 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 13.6% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 15.9% of households rent (Small sample: wide margin of error)
- Income and affordability: $88,750 median household income (Small sample: wide margin of error)
- Home values: $155,800 median home value
- Homeowner costs: $1,382 median monthly cost with a mortgage
- Property taxes: $1,840 median real estate taxes a year
- Types of homes: 6.2% of homes are in buildings of 5 or more units
- Bedrooms: 71.0% of homes have 3 or more bedrooms
- Age of homes: 85.9% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 59.7% heat with utility gas (Small sample: wide margin of error)
- Commute and cars: 24.4 minutes average trip to work
- Growth: −14.3% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 21.0% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 1.7% of homes have more than 1 person per room (Small sample: wide margin of error)
Lafayette against Nicollet County, its state and the nation
| Lafayette | Nicollet County | Minnesota | United States | |
|---|---|---|---|---|
| Residents | 484 (±85) | 34,411 (exact) | 5,739,445 (exact) | 334,922,499 |
| Housing units | 207 (±37) | 13,596 (±63) | 2,545,030 (±1,535) | 143,775,355 |
| Households that rent | 15.9% (±7.2 points) | 27.8% (±2.2 points) | 27.8% (±0.2 points) | 34.8% |
| Median gross rent | $980 (±$158) | $970 (±$26) | $1,280 (±$7) | $1,413 |
| Median household income | $88,750 (±$23,908) | $79,756 (±$5,251) | $89,062 (±$409) | $80,734 |
| Median home value | $155,800 (±$9,548) | $270,300 (±$7,826) | $329,300 (±$903) | $332,700 |
| Median real estate taxes (a year) | $1,840 (±$168) | $3,046 (±$120) | $3,357 (±$10) | $3,119 |
| Built before 1980 | 85.9% (±15.1 points) | 51.8% (±3.6 points) | 52.1% (±0.3 points) | 49.7% |
| Average commute | 24.4 minutes (±2.9) | 16.4 minutes (±0.8) | 22.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 92.6% (±4.3 points) | 88.6% (±1.7 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 36.5 years (±8.7) | 38.3 years (±0.4) | 38.8 years (±0.1) | 38.9 years |
Lafayette covers 1.3 square miles of land, about 385 residents per square mile (Census Bureau Gazetteer).
How Lafayette has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 565 (±121) | 484 (±85) | −14.3% | Not a measurable change |
| Housing units | 246 (±37) | 207 (±37) | −15.9% | Not a measurable change |
| Median gross rent | $763 (±$245) | $980 (±$158) | +28.4% | No measurable change after inflation |
| Median home value | $93,900 (±$11,444) | $155,800 (±$9,548) | +65.9% | Up after inflation |
| Median household income | $73,750 (±$14,721) | $88,750 (±$23,908) | +20.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,107 (±$114) | $1,382 (±$89) | +24.8% | No measurable change after inflation |
| Median real estate taxes | $1,417 (±$156) | $1,840 (±$168) | +29.9% | No measurable change after inflation |
| Households that rent | 17.5% (±9.4 points) | 15.9% (±7.2 points) | −1.6 percentage points | Not a measurable change |
| Rental vacancy rate | 28.8% (±21.9 points) | 0.0% (±46.6 points) | −28.8 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 Nicollet County
Lafayette has no police department of its own in the FBI’s figures, so this is the figure for Nicollet County as a whole.
In 2025, the police departments that report for Nicollet County recorded 95 violent and 503 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Lafayette
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Cornish Township (Sibley County) | 4.0 mi | — | $204,500 | 8.8% |
| Bernadotte Township | 4.7 mi | — | $340,700 | 7.7% |
| Lafayette Township | 5.0 mi | $814 | $330,600 | 10.9% |
| Alfsborg Township | 5.9 mi | — | $237,200 | 3.1% |
| Winthrop | 6.8 mi | $776 | $169,600 | 18.7% |
| Brighton Township | 8.0 mi | — | $355,900 | 21.2% |
| West Newton Township | 8.7 mi | $1,125 | $263,000 | 4.2% |
| Gibbon | 8.8 mi | $950 | $102,700 | 22.3% |
Places in Minnesota most like Lafayette
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Adams | $823 | $170,700 | $93,594 | 12.3% |
| Ellendale | $804 | $155,200 | $89,375 | 17.2% |
| Adrian | $950 | $165,500 | $73,438 | 11.4% |
| Brownsdale | $739 | $148,600 | $77,614 | 11.1% |
| Madelia | $833 | $165,400 | $76,548 | 21.2% |
| Vernon Center | $950 | $143,300 | $70,000 | 15.9% |
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 Minnesota.
HUD Fair Market Rent for Lafayette, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,016 | $1,023 | $1,230 | $1,703 | $1,744 |
HUD income limits for Lafayette, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,400 | $37,300 | $59,650 |
| 2 people | $25,600 | $42,600 | $68,200 |
| 3 people | $28,800 | $47,950 | $76,700 |
| 4 people | $33,000 | $53,250 | $85,200 |
| 5 people | $38,680 | $57,550 | $92,050 |
| 6 people | $44,360 | $61,800 | $98,850 |
| 7 people | $50,040 | $66,050 | $105,650 |
| 8 people | $55,720 | $70,300 | $112,500 |
These are the limits HUD sets for its housing programs in the Mankato, MN MSA, where HUD’s median family income for fiscal year 2026 is $106,500.
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.
What you can do on Seayora in Lafayette
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lafayette beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Lafayette, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Lafayette, and send estimates and invoices from your phone.
Questions about Lafayette
What is the average home value in Lafayette, MN?
The Census Bureau publishes the median: $155,800 (±$9,548) for owner-occupied homes in Lafayette (2020–2024 American Community Survey).
What is the average mortgage payment in Lafayette?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lafayette, MN is $1,382 (±$89) a month, including taxes, insurance and utilities.
How much are property taxes in Lafayette?
The median real estate tax paid by homeowners in Lafayette, MN is $1,840 (±$168) a year (2020–2024 American Community Survey).
How many homes are in Lafayette?
Lafayette, MN has an estimated 207 (±37) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Lafayette?
The most common size is 3 bedrooms, 36.7% of homes in Lafayette, MN.
How old are most homes in Lafayette?
85.9% of homes in Lafayette, MN were built before 1980 (2020–2024 American Community Survey).
Is Lafayette growing?
In Lafayette, the number of residents went from 565 in 2015–2019 to 484 in 2020–2024 (−14.3%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lafayette city, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lafayette city, Minnesota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lafayette city, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lafayette city, Minnesota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lafayette city, Minnesota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lafayette city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lafayette city, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Mankato, MN MSA
- HUD Income Limits, fiscal year 2026: Mankato, MN MSA
- 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, Minnesota (place:33920, in state:27).
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 .