La Fayette, IL Housing Statistics

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76%

Med. Home Val. NAT. AVG.

50%

Rent NAT. AVG.

41%

Owner Occ. NAT. AVG.

La Fayette Housing Information

Index	La Fayette	Illinois	National
Median home price	$78,943	$308,565	$326,622
Median rent asked	$726	$1,374	$1,444
Avg. people per household	2.1	2.6	2.6
Owner occupied households	89.7%	66.0%	63.6%
Renter occupied households	10.3%	34.0%	36.4%

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Housing Quick Facts

The median home price in La Fayette is 76% lower than the national average.
The median rent asked in La Fayette is 50% lower than the national average.
The average number of people per household in La Fayette is 21% lower than the national average.
The number of owner occupied households in La Fayette is 41% higher than the national average.
The number of renter occupied households in La Fayette is 72% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Kewanee, IL	12,961	$105,627	68%
Neponset, IL	396	$113,801	65%
Victoria, IL	232	$114,883	65%
Galva, IL	2,639	$120,561	63%
Altona, IL	649	$127,633	61%
La Fayette, IL	158	$78,943	76%

Cities with similar population

	Population	Home Price	National Avg.
New Edinburg, AR	158	$112,760	65%
Creola, LA	158	$0	100%
Charleston Park, FL	158	$0	100%
Morriston, FL	158	$0	100%
Washingtonville, PA	158	$243,204	26%
La Fayette, IL	158	$78,943	76%

Source: The La Fayette, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.