Home prices
The price of the median home in La Fayette is $48,300. Compared to its nearby areas it is about $20,080 (29%) lower.Compared to the United States as a whole it is about $169,200 (77%) lower, and in comparison to the city of Peoria it is about $77,400 (61%) lower.
Rents
La Fayette's median monthly rent is $488. This is approximately $136 (21%) lower compared to its nearby areas.It is about $574 (54%) lower in comparison to the country as a whole, and in comparison to the city of Peoria is approximately $318 (39%) lower.
Nearby places
Galva
Galva is approximately 4 miles northwest of La Fayette. The real estate prices there are somewhat more expensive. The median home value in Galva is $70,700, which is $22,400 (31%) higher than La Fayette. Rents there are a little more expensive. The median rent in Galva is $528 per month, which comes out to $40 (7%) higher than La Fayette.
Toulon
Toulon is approximately 5 miles east of La Fayette. Its housing prices are a lot more expensive. The median home in Toulon is valued at $75,400, which is $27,100 (35%) higher than La Fayette. Its rents are a little more expensive. The median rent in Toulon is $631 per month, which works out to $143 (22%) higher than La Fayette.
Victoria
Victoria is about 7 miles southwest from La Fayette. The real estate prices there are similar. Victoria's median home value is $50,000, which comes out to $1,700 (3%) higher than La Fayette. Rents there are a little more expensive. The median monthly rent in Victoria is $632, which is $144 (22%) higher than La Fayette.
Altona
Altona is approximately 8 miles west of La Fayette. The real estate prices there are somewhat more expensive. The median home value in Altona is $67,900, which comes out to $19,600 (28%) higher than La Fayette. Its rents are somewhat more expensive. The median rent in Altona is $653 a month, which is $165 (25%) higher than La Fayette.
Bishop Hill
Bishop Hill is approximately 8 miles northwest from La Fayette. The real estate prices there are substantially more expensive. The median home in Bishop Hill is valued at $77,900, which is $29,600 (37%) higher than La Fayette. Its rents are somewhat more expensive. The median monthly rent in Bishop Hill is $675, which is $187 (27%) higher than La Fayette.
