Much like nearby areas, it is significantly less expensive compared to the United States as a whole. Compared to the city of Clarksville, it is significantly less expensive.
Home prices
The cost of the median home in Lafayette is $95,800. This is approximately $3,540 (3%) higher in comparison to the surrounding areas.It is about $121,700 (55%) lower compared to the nation as a whole, and is approximately $58,500 (37%) lower in comparison to the city of Clarksville.
Rents
The median monthly rent in Lafayette is $709. Compared to other places in this area this is approximately $108 (17%) higher.In comparison to the rest of the nation it is approximately $353 (33%) lower, and in comparison to the city of Clarksville it is approximately $252 (26%) lower.
Nearby places
Red Boiling Springs
Red Boiling Springs is about 8 miles east of Lafayette. Its real estate prices are pretty similar. The median home in Red Boiling Springs costs $97,800, which comes out to $2,000 (2%) higher than Lafayette. Rents there are a bit less expensive. The median monthly rent in Red Boiling Springs is $544, which comes out to $165 (30%) lower than Lafayette.
Westmoreland
Westmoreland is approximately 10 miles west from Lafayette. Housing prices there are a bit more expensive. The value of the median home in Westmoreland is $132,400, which is $36,600 (27%) higher than Lafayette. Rent there is a bit more expensive. In Westmoreland the median monthly rent is $824, which works out to $115 (13%) higher than Lafayette.
Gamaliel
Gamaliel is about 14 miles northeast from Lafayette. The real estate prices there are significantly less expensive. The median home in Gamaliel is valued at $69,500, which is $26,300 (37%) lower than Lafayette. Its rents are somewhat less expensive. The median monthly rent in Gamaliel is $620, which works out to $89 (14%) lower than Lafayette.
Fountain Run
Fountain Run is about 14 miles north from Lafayette. The housing prices there are substantially less expensive. The median home in Fountain Run costs $51,800, which comes out to $44,000 (84%) lower than Lafayette. Rents there are substantially less expensive. Fountain Run's median monthly rent is $429, which comes out to $280 (65%) lower than Lafayette.
Scottsville
Scottsville is approximately 18 miles northwest of Lafayette. The real estate prices there are a bit more expensive. The median home in Scottsville costs $109,800, which is $14,000 (12%) higher than Lafayette. Its rents are a bit less expensive. The median rent in Scottsville is $588 per month, which comes out to $121 (20%) lower than Lafayette.