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Rent in Lafayette, LA

Across Lafayette's 11 ZIP codes, a 2-bedroom typically rents for about $1,092 a month, with figures from $910–$1,262. The highest typical rent is in 70508 ($1,262) and the lowest in 70501 ($910). 5 ZIPs have ZIP-level figures from HUD or Census; the other 6 use the county Fair Market Rent. Owner-occupied homes in Lafayette Parish pay about 0.57% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Lafayette, LA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$835$636–$1,35411
1 bed$971$686–$1,10111
2 beds$1,092$910–$1,26211
3 beds$1,375$896–$1,63311
4 beds$1,607$1,167–$1,75011

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Lafayette ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Lafayette, LA?
About $1,092 a month: the median of the typical rents in 11 ZIP codes, which range from $910–$1,262. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Lafayette, LA?
About $971 a month: the median of the typical rents in 11 ZIP codes, which range from $686–$1,101. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Lafayette, LA?
About $1,375 a month: the median of the typical rents in 11 ZIP codes, which range from $896–$1,633. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Lafayette, LA?
About $835 a month: the median of the typical rents in 11 ZIP codes, which range from $636–$1,354. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Lafayette, LA?
About $1,607 a month: the median of the typical rents in 11 ZIP codes, which range from $1,167–$1,750. Figures are gross rent (rent plus tenant-paid utilities).
Which Lafayette ZIP code has the highest rent?
For a 2-bedroom, 70508 has the highest typical rent at $1,262 a month, and 70501 the lowest at $910.
What is the property tax rate in Lafayette, LA?
Owner-occupied homes in Lafayette Parish pay a typical 0.57% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Lafayette rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).