Home prices
The median home in Lafayette costs $246,000. In comparison to the surrounding areas it is approximately $24,940 (9%) lower.In comparison to the entire nation it is about $28,500 (13%) higher, and is roughly $166,000 (40%) lower in comparison to the city of Portland.
Rents
The median monthly rent in Lafayette is $1,097. This is approximately $119 (9%) lower in comparison to its nearby areas.Compared to the US as a whole it is approximately $35 (3%) higher, and in comparison to the city of Portland is approximately $151 (12%) lower.
Nearby places
Dayton
Dayton is roughly 2 miles southeast from Lafayette. The real estate prices there are somewhat less expensive. The cost of the median home in Dayton is $198,000, which is $48,000 (24%) lower than Lafayette. Rents there are somewhat more expensive. Dayton's median monthly rent is $1,219, which comes out to $122 (10%) higher than Lafayette.
McMinnville
McMinnville is about 3 miles southwest from Lafayette. Its housing prices are similar. The price of the median home in McMinnville is $247,400, which is very similar to Lafayette. Rent there is a little less expensive. The median rent in McMinnville is $987 a month, which is $110 (11%) lower than Lafayette.
Carlton
Carlton is approximately 3 miles northwest from Lafayette. The real estate prices there are a bit more expensive. Carlton's median home value is $276,200, which is $30,200 (10%) higher than Lafayette. Its rents are somewhat more expensive. The median monthly rent in Carlton is $1,239, which works out to $142 (11%) higher than Lafayette.
Dundee
Dundee is about 4 miles northeast from Lafayette. Real estate prices there are somewhat more expensive. The median home in Dundee costs $302,500, which is $56,500 (18%) higher than Lafayette. Rent there is a bit more expensive. Dundee's median rent is $1,508 per month, which is $411 (27%) higher than Lafayette.
St. Paul
St. Paul is roughly 5 miles east of Lafayette. Its real estate prices are a little more expensive. The price of the median home in St. Paul is $330,600, which is $84,600 (25%) higher than Lafayette. The rent there is fairly similar. The median monthly rent in St. Paul is $1,125, which works out to $28 (2%) higher than Lafayette.