Lafayette Housing Information - Census

IndexLafayetteMinnesotaNational
Median home price$95,500$191,500$184,700
Median rent asked$558$873$949
Avg. people per household1.92.42.6
Owner occupied households80.6%71.4%63.6%
Renter occupied households19.4%28.6%36.4%

Lafayette Housing Information - Zillow

IndexLafayetteMinnesotaNational
Zillow home value indexn/a$205,200$196,500
Year over year appreciation raten/a8.17%6.79%
5 year average appreciation raten/a6.58%5.28%
10 year average appreciation raten/a-0.12%0.01%

Did you know?

  • The median home price in Lafayette is 48% lower than the national average.
  • The median rent asked in Lafayette is 41% lower than the national average.
  • The average number of people per household in Lafayette is 27% lower than the national average.
  • The number of owner occupied households in Lafayette is 27% higher than the national average.
  • The number of renter occupied households in Lafayette is 47% lower than the national average.

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Compare Lafayette, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Gibbon, MN912$70,80062%
Winthrop, MN1,296$88,00052%
Gaylord, MN2,072$102,10045%
Searles, MN195$122,70034%
New Ulm, MN13,279$133,10028%
Lafayette, MN423$95,50048%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Middle Amana, IA423$171,3007%
Fairhaven, MN423$155,50016%
Kila, MT423$283,80054%
Short, OK423$70,50062%
Naytahwaush, MN423$46,70075%
Lafayette, MN423$95,50048%
Source: The Lafayette, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.