Home prices
The median home value in Lafayette is $114,800. Compared to nearby areas it is approximately $48,640 (29%) lower.Compared to the rest of the nation it is approximately $102,700 (47%) lower, and is approximately $85,900 (42%) lower in comparison to the city of Bloomington.
Rents
In Lafayette the median monthly rent is $817. Compared to its surrounding areas this is roughly $49 (5%) lower.It is roughly $245 (23%) lower compared to the United States as a whole, and is approximately $100 (10%) lower in comparison to the city of Bloomington.
Nearby places
Dayton
Dayton is Lafayette's neighbor to the southeast. Its real estate prices are a bit more expensive. The median home cost in Dayton is $127,400, which comes out to $12,600 (9%) higher than Lafayette. Its rents are a little more expensive. In Dayton the median rent is $865 per month, which comes out to $48 (5%) higher than Lafayette.
Shadeland
Shadeland is Lafayette's neighbor to the southwest. Its real estate prices are a lot more expensive. Shadeland's median home price is $182,800, which is $68,000 (37%) higher than Lafayette. The rent there is fairly similar. In Shadeland the median rent is $819 a month, which is very similar to Lafayette.
West Lafayette
West Lafayette is approximately 4 miles northwest of Lafayette. The housing prices there are substantially more expensive. The value of the median home in West Lafayette is $224,000, which works out to $109,200 (48%) higher than Lafayette. Its rents are a bit more expensive. West Lafayette's median rent is $912 a month, which works out to $95 (10%) higher than Lafayette.
Battle Ground
Battle Ground is roughly 7 miles north from Lafayette. Housing prices there are a lot more expensive. The value of the median home in Battle Ground is $180,000, which is $65,200 (36%) higher than Lafayette. Rent there is a little more expensive. In Battle Ground the median monthly rent is $969, which is $152 (15%) higher than Lafayette.
Stockwell
Stockwell is roughly 8 miles southeast from Lafayette. Housing prices there are a bit less expensive. The price of the median home in Stockwell is $103,000, which is $11,800 (11%) lower than Lafayette. Rent there is a bit less expensive. In Stockwell the median monthly rent is $763, which comes out to $54 (7%) lower than Lafayette.