Average Rent in Lafayette, LA

Lafayette rentals average $882 for a 1-bedroom rental to $2,650 for a 4-bedroom rental. The median price of all currently available listings is $1,600, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,156 (186.37%) year-over-year from $620 to $1,776. 1-bedroom rentals prices have increased by $126 (16.69%) year-over-year from $756 to $882. 2-bedroom rentals prices have increased by $389 (45.21%) year-over-year from $861 to $1,250. 3-bedroom rentals prices have increased by $205 (14.70%) year-over-year from $1,395 to $1,600. 4-bedroom rentals prices have increased by $1,317 (83.16%) year-over-year from $1,583 to $2,900. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 35.66% this month. 1-bedroom rents have gone up by 17.76% this month. 2-bedroom rents have gone up by 15.38% this month. 3-bedroom rents have gone up by 6.19% this month. 4-bedroom rents have gone up by 29.95% this month.