Rental market snapshot for Lafayette, Indiana
Lafayette, Indiana Rental Property Market Overview
Lafayette, Indiana is a vibrant city located in Tippecanoe County. According to the US Census, the population of Lafayette in 2021 is 70,835. The city is home to Purdue University, which provides a strong economic base and a diverse population. Lafayette is known for its vibrant arts and culture scene, with a variety of galleries, museums, and performing arts venues. The city also has a variety of parks and outdoor recreation opportunities, making it a great place to live and visit.
The average rent for an apartment in Lafayette is $974. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 2.4% over the past year.
Last Updated April 22, 2023
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Average monthly rent graph in Lafayette Indiana | Cost of Living
- The most expensive ZIP code in Lafayette is 47909 with an average price of $1,135
- The cheapest ZIP code in Lafayette is 47904 with an average price of $799
Lafayette ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 47909 | $1,135 |
| 2 | 47901 | $925 |
| 3 | 47904 | $899 |
| 4 | 47905 | $870 |
Live near Lafayette, Indiana's Top Sights and Attractions
Columbian Park is a large public park located in Lafayette, Indiana. It features a variety of attractions, including a zoo, a golf course, a swimming pool, a playground, a carousel, a miniature train, and a historic band shell. The park also has a variety of walking and biking trails, picnic areas, and a lake. The park is a popular spot for outdoor activities, such as fishing, boating, and bird watching.
The Better Together mural is a large, colorful mural located in the heart of Lafayette, Indiana. It is a vibrant and eye-catching piece of art that stands out against the surrounding buildings. The mural features a variety of images, including a large heart, a rainbow, and a variety of animals. The mural is meant to represent the diversity and unity of the city, and it is a popular spot for locals and visitors alike to take pictures and admire the artwork.
Mccaw Baseball Park is a beautiful outdoor baseball stadium located in a small town in Indiana. It features a full-sized baseball diamond, a concession stand, and a large seating area. The park is surrounded by lush green trees and shrubs, providing a peaceful atmosphere for visitors. The park also offers a variety of activities, such as batting cages, a playground, and a picnic area. The park is a great place to take the family for a day of fun and relaxation.
Armstrong Park is a large outdoor recreational area located in Lafayette, Indiana. It features a variety of amenities, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movie screenings. Visitors can also take advantage of the park's fishing pier, boat rentals, and canoe launch. With its lush greenery and abundance of activities, Armstrong Park is a great place to spend a day outdoors.
Kennedy Park is a large, lush green park located in the heart of Lafayette. It features a variety of activities, including a playground, a walking path, a pond, and a large open field. The park also has a variety of trees, shrubs, and flowers, making it a great place to relax and enjoy nature. There are also several picnic tables and benches scattered throughout the park, making it a great spot for a family outing.
Special Olympics of Tippecanoe County is an annual event that brings together athletes of all ages and abilities to compete in a variety of sports. The event is held in the spring and features track and field, swimming, basketball, and other sports. Participants come from all over the area to compete in a spirit of camaraderie and sportsmanship. The event also includes a variety of activities for family and friends to enjoy, such as food, music, and games. Special Olympics of Tippecanoe County is a great way to celebrate the power of sport and the importance of inclusion.
Cat Park is a unique outdoor attraction located in a small town in the Midwest. It features a large, grassy area with a variety of trees and plants, as well as a large pond with a fountain in the center. The park is home to a variety of cats, including domestic cats, feral cats, and even a few exotic breeds. Visitors can take a leisurely stroll through the park, or take part in a variety of activities, such as feeding the cats, playing with them, or even taking part in a guided tour. Cat Park is a great place to relax and enjoy the company of cats in a peaceful setting.
Sandhill Cranes Bench is a scenic spot located in Lafayette, Indiana. It is a great place to relax and take in the beauty of nature. The area is surrounded by lush green trees and a pond, which is home to a variety of wildlife, including sandhill cranes. Visitors can take a seat on the bench and enjoy the peaceful atmosphere, or take a stroll around the pond and observe the wildlife. The area is also a popular spot for birdwatchers, as the sandhill cranes can often be seen in the area.
Munger Park is a beautiful park located in Lafayette, Indiana. It features a large pond, a playground, and plenty of open space for picnics, sports, and other activities. The park also has a walking path, a gazebo, and a pavilion for events. The park is surrounded by lush trees and vegetation, making it a great spot for a peaceful stroll or a relaxing picnic.
Migration is a unique attraction located in a small town in Indiana. It is a large outdoor sculpture garden featuring over 30 sculptures made from recycled materials. The sculptures range from abstract to representational, and are made from items such as scrap metal, wood, and plastic. The sculptures are spread out over a large area, and visitors can explore the grounds and take in the unique artwork. Migration is a great place to explore and appreciate art in a unique setting.
Lafayette, Indiana area median rent change by ZIP code map
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How does Lafayette compare to other cities in Indiana ?
| city | median price |
|---|---|
| West Lafayette | $1,649 |
| Cicero | $1,610 |
| Fortville | $1,835 |
| Evansville | $875 |
| Plainfield | $1,780 |
| Mooresville | $1,675 |
| Guilford Township | $1,519 |
| Evansville | $831 |
| Clarksville | $1,250 |
| Sheridan | $1,200 |
Average household income in Lafayette area graph - US Census
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The median household income in Lafayette in 2021 was $47,690. This represents a 23.7% change from 2011 when the median was $38,556.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 6.9% |
| 1 | $10,000 to $14,999 | 5.2% |
| 2 | $15,000 to $19,999 | 4.9% |
| 3 | $20,000 to $24,999 | 7.5% |
| 4 | $25,000 to $29,999 | 5.3% |
| 5 | $30,000 to $34,999 | 6.8% |
| 6 | $35,000 to $39,999 | 6.3% |
| 7 | $40,000 to $44,999 | 4.7% |
| 8 | $45,000 to $49,999 | 5.3% |
| 9 | $50,000 to $59,999 | 8.9% |
| 10 | $60,000 to $74,999 | 11.9% |
| 11 | $75,000 to $99,999 | 11.1% |
| 12 | $100,000 to $124,999 | 7.0% |
| 13 | $125,000 to $149,999 | 3.5% |
| 14 | $150,000 to $199,999 | 3.4% |
| 15 | $200,000 or more | 1.3% |
