Rental market snapshot for West Lafayette, Indiana

West Lafayette, Indiana Rental Property Market Overview

The average rent for an apartment in West Lafayette is $1,104. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.7% over the past year.

West Lafayette is a city in Wabash Township, Tippecanoe County, Indiana, United States. It is the most populous city in Tippecanoe County and is the principal city of the Lafayette, Indiana metropolitan statistical area.

Last Updated December 23, 2022

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Average monthly rent graph in West Lafayette Indiana | Cost of Living

  • The most expensive ZIP Code in West Lafayette is 47906 with an average price of $890
  • The cheapest ZIP Code in West Lafayette is 47906 with an average price of $890

West Lafayette ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
147906$890

Live near West Lafayette, Indiana's Top Sights and Attractions

Krach Lawn is a beautiful, grassy area on the campus of Purdue University. It's a great place to relax, study, or play Frisbee with friends.

Spirit Arch is a large, red metal arch located on the campus of Purdue University. The arch was built in 1869 and is one of the oldest structures on campus. It is a popular spot for students to take photos and is also a popular meeting spot.

Academy Park is a beautiful park located in West Lafayette, Indiana. The park is home to a variety of trees, flowers, and shrubs, as well as a pond and a fountain. Visitors can also enjoy a picnic in the park, or take a stroll on the walking trail.

This attraction is a park that is located on the campus of Purdue University. The park is home to a number of fountains, including the Engineering Fountain, which is the largest fountain on the Purdue campus. The park also features a number of sculptures, including a replica of the Statue of Liberty.

Brickhead Conversations is an attraction located in West Lafayette, Indiana. The attraction is a series of life-sized sculptures of people made out of Lego bricks. The sculptures are located throughout the city, and each one has a different conversation starter on it.

Memorial Mall is a large, open park area with a pond and walking trails. The park is located on the campus of Purdue University and is a popular spot for students and faculty to relax or take a break from studying.

Founders Park is a 3-acre park located in the heart of the city. The park features a variety of amenities including a playground, picnic shelter, and walking trails.

The attraction is a large metal sculpture in the shape of a cone. It is located on the campus of Purdue University.

West Lafayette, Indiana area median rent change by ZIP Code map

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How does West Lafayette compare to other cities in Indiana ?

citymedian price
West Lafayette$1,649
Fort Wayne$1,300
Michigan City$950
New Whiteland$1,695
Guilford Township$1,519
Highland$1,369

Average household income in West Lafayette area graph - US Census

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The median household income in West Lafayette in 2021 was $31,460. This represents a 8.4% change from 2011 when the median was $29,014.

#categorypercent
0Less than $10,00020.9%
1$10,000 to $14,9997.2%
2$15,000 to $19,9997.8%
3$20,000 to $24,9999.2%
4$25,000 to $29,9993.8%
5$30,000 to $34,9993.7%
6$35,000 to $39,9992.8%
7$40,000 to $44,9992.8%
8$45,000 to $49,9992.4%
9$50,000 to $59,9994.1%
10$60,000 to $74,9996.5%
11$75,000 to $99,9999.0%
12$100,000 to $124,9994.8%
13$125,000 to $149,9993.3%
14$150,000 to $199,9994.7%
15$200,000 or more7.1%

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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