Lafayette, MN Housing Statistics

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48%

Med. Home Val. NAT. AVG.

28%

Rent NAT. AVG.

34%

Owner Occ. NAT. AVG.

Lafayette Housing Information

Index	Lafayette	Minnesota	National
Median home price	$170,310	$339,061	$326,622
Median rent asked	$1,042	$1,332	$1,444
Avg. people per household	2.8	2.4	2.6
Owner occupied households	85.1%	71.4%	63.6%
Renter occupied households	14.9%	28.6%	36.4%

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Homes For Sale In Lafayette, MN

500 Main Ave

Lafayette, MN

440 6th St

Lafayette, MN

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Housing Quick Facts

The median home price in Lafayette is 48% lower than the national average.
The median rent asked in Lafayette is 28% lower than the national average.
The average number of people per household in Lafayette is 6% higher than the national average.
The number of owner occupied households in Lafayette is 34% higher than the national average.
The number of renter occupied households in Lafayette is 59% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Gibbon, MN	827	$130,310	60%
Winthrop, MN	1,343	$207,316	37%
Gaylord, MN	2,000	$242,403	26%
New Ulm, MN	13,686	$261,248	20%
Searles, MN	294	$284,316	13%
Lafayette, MN	562	$170,310	48%

Cities with similar population

	Population	Home Price	National Avg.
Yukon, PA	562	$202,935	38%
Cordova, MD	562	$296,197	9%
Centralia, KS	562	$154,564	53%
Adell, WI	562	$280,243	14%
Francisco, IN	562	$137,886	58%
Lafayette, MN	562	$170,310	48%

Source: The Lafayette, MN 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.